1 month on rocket

166 Ridgewood Ave, Newark, NJ, 07108

$425,000

Home List Price

$5,047*

Closing Credit

8 Bedrooms
3 Full Baths
Multi

Location

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166 Ridgewood Ave, Newark$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceNone
MLS #24031205
StatusActive
(ACTIVE)

About 166 Ridgewood Ave

Charming Multifamily for the most deserving investor.

Property Details

Property Features

Listing Office:

  • Office Name: Realty Mark Advantage
  • Office Phone: (609) 820-6377
  • Listing Agent: Darlene Supnick

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • Belmont Runyon Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000

Tax Information:

  • Annual Amount: $3,910
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

166 Ridgewood Ave vs Newark

39 DAYS ON ROCKET

-36 Days

$425,000

+$28.8K More

KEY TAKEAWAY

This property is $28.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24031205

Listing Office:

  • Office Name: Realty Mark Advantage
  • Office Phone: (609) 820-6377
  • Listing Agent: Darlene Supnick

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,910$138,900
2019$5,129$138,900
2018$4,945$138,900
2017$4,945$138,900

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1945393
4
/10

  • Belmont Runyon Elementary School

  • 1 Belmont Ruyon Way

  • 0.16 miles

  • Public District Grades PK-8

High School

school-card-donut-1945394
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 0.23 miles

  • Public District Grades 9-12

school-card-donut-1945395
1
/10

  • Central High School

  • 250 18th Ave

  • 0.82 miles

  • Public District Grades 9-12

school-card-donut-1945396
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 1.39 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,077. The majority of Newark, NJ residents have income less than $35k annually. The most common type of family is single, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07108›166 Ridgewood Ave

This home is located at 166 Ridgewood Ave in Newark, NJ and zip code 07108 in the South Ward neighborhood. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $425,000.

In October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. In October 2024 median list price was $396,125 and the average listing age was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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