Listing Details

198 Ballantine Pkwy,Newark City, NJ 07104-1406

  • January 5, 2026

Description

Exceptional Estate-Style Investment Opportunity in Forest Hill, Newark. This grand Mediterranean / Italian Renaissance Revival estate presents a rare, high-impact investment opportunity in Newark’s prestigious Forest Hill neighborhood. Situated on an expansive, park-like lot, the property features a stately stucco facade, arched windows and doorways, columned entry, wide overhanging eaves, and a classic loggia displaying hallmarks of early 20th century architectural elegance rarely found today. The estate-scale footprint and symmetrical layout offer exceptional flexibility for investors or visionary buyers. Multiple wings and entrances support a range of value-add and adaptive reuse strategies. Highlights include strong architectural character, expansive private grounds suitable for future amenities or expansion, historic elements that enhance long-term value, and a prime location near major highways, parks, and transportation corridors. This is not a typical residential offering it is a legacy-level asset with upside driven by scale, location, and architectural significance. Properties of this caliber in Forest Hill rarely become available. Property is part of an estate sale and is a short sale, subject to third-party approval.

Details

Last Updated On: January 5th, 2026 at 3:59 pm
Property ID:PT-25876391-AXZR
Offer Type:For Sale
Property Type:Single Family
Price: 599,000 $
Bedrooms:7
Bathrooms:3
Year Built:1907

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 100X190
Lot Identifier: 21

Home Details

Total Baths: 3.10
Partial Baths: 1
Open Parking: 4
Pool: Yes
Basement: Yes
Exterior Description: Stucco
Roof Description: Asphalt Shingle
Garage Description: Detached Garage
Number of Garage Spaces: 3
Style: Mediterranean
Acreage: 0.44
Basement Description: Finished
Fireplace: Wood Burning
Number of Fireplaces: 2
Number of Rooms: 16
YB/Desc: 1907 - Approximate
Easement: Unknown
Parking/Driveway Description: Driveway-Exclusive
Primary Style: Mediterranean
Block Identifier: 672
County Number: 16
Town Number: 1614
Possession: Settlement

Utilities

Heat Source: Gas-Natural
Heat System: Multi-Zone
Cool System: None
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Ownership Type: Fee Simple
Tax ID For Property: 1614-00672-0000-00021-0000-
Tax Amount: $19,094.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $95,300.00
Building Assessment: $406,800.00
Total Assessment: $502,100.00
Community Living: No

Statistics

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