ADDRESS
62 E Park Place
Morristown, NJ 07960
Save
Ask
Tour
Hide
$699,900
174 Days On Site
132 Ridge StNewark City, NJ 07104
For Sale|Multi Family|Pending
9
Beds
3
Total Baths
3
Full Baths
1940
Built
County:
Essex
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: 973-349-0459
Is this the listing for you? We can help make it yours.
973-349-0459
Save
Ask
Tour
Hide
Perfect for both investors and owner-occupants, this expansive 3-family home offers nearly 3,700 sq. ft. of living space and incredible potential. Each unit is currently occupied on a month-to-month basis, providing flexibility for long-term stability or future reconfiguration. Select units can be delivered vacant for the right buyer. Generating over $5,000 per month in gross income, this property offers an exceptional opportunity to increase revenue to $7,000+ monthly by adjusting below-market rents. Each unit features separate utilities, adding to its investment appeal. Located just a 10-minute walk to the Light Rail, commuting to Newark Penn Station is quick and easy. Enjoy Branch Brook Park just 5 minutes away, while major highways like Route 280, Route 21, and the Garden State Parkway provide seamless access to the entire region. Bonus: This property qualifies for a special loan program with an interest rate as low as 5.875% and NO PMI! Don?t miss out?call today!
Save
Ask
Tour
Hide
Listing Snapshot
Price
$699,900
Days On Site
174 Days
Bedrooms
9
Inside Area (SqFt)
N/A
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.06 Acres
Year Built
1940
MLS® Number
3949269
Status
Pending
Property Tax
$12,428
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 5 months ago | Listing updated with changes from the MLS® | |
| 5 months ago | Status changed to Pending | |
| 6 months ago | Listing first seen on site |
General Features
Acres
0.06
Number Of Stories
3
Property Sub Type
Multi Family
Style
3-Three Story
Utilities
Natural Gas Available
Water Source
Public
Interior Features
Basement
Full
Heating
Natural Gas
Save
Ask
Tour
Hide
Exterior Features
Construction Details
Aluminum Siding
Listing courtesy of EXP REALTY, LLC
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.