111 Ridgewood Ave, Newark, NJ, 07108
About This Home
Income-producing two-family home offering strong upside potential in Newark. This property features two spacious 3-bedroom units with separate utilities and a private backyard.Unit 1 includes 3 bedrooms and 2 full bathrooms, one on the first floor, and a second full bath in the finished basement. The first floor features a living room and eat-in kitchen, while the finished basement adds a second kitchen, two bonus rooms, and direct access to the backyard.Unit 2 offers 3 bedrooms, 1 full bath, living room, and eat-in kitchen on the second floor. Additional features include separate utilities, baseboard heating systems, street parking, and backyard space. Do not disturb the tenants.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Roof: Asphalt Shingle
- Construction materials: Cinder Block,Composition Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Eat-in Kitchen,Living Room,See Remarks,Eat-In Kitchen
Heating
- Heating features: Baseboard - Electric,Baseboard - Hotwater,Electric,Natural Gas
Interior Area
- Total structure area: 10,998
- Total interior livable area: 10,998 sqft
Property
Details
- Parcel number: 1614026920000000080000
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: 24.11 x 105
Parking
- Parking features: On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $336 | $4,032 |
| Property Taxes | $1,048 | $12,576 |
| Electricity | $1,212 | $14,548 |
| Total | $5,624 | $67,488 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Price change | $599,000 |
| 2026-02-18 | Listed for sale | $615,000 |
| 2025-05-31 | Listing removed | $680,000 |
| 2025-03-03 | Price change | $680,000 |
| 2024-11-22 | Listed for sale | $720,000 |
| 2023-08-24 | Sold | $500,000 |
| 2022-12-02 | Sold | $260,000 |
| 2022-10-25 | Pending sale | $240,000 |
| 2022-09-26 | Contingent | $240,000 |
| 2022-08-08 | Listed for sale | $240,000 |
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