$599,000

198 Ballantine Pkwy, Newark City, NJ 07104

  • 7 beds |
  • 3 baths
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Pending
Data Last Updated:
February 8, 2026 at 12:43AM
Listing Office:
KELLER WILLIAMS BY THE BAY : 732-826-7110
MLS ID:
4003475
  • Kitchen: See Remarks
  • Appliances: See Remarks
  • Basement: Finished
  • A/C: None
  • Heating: Multi-ZoneGas-Natural
  • Fireplace: Wood BurningFireplaces: 2
  • General: Stucco
  • Style: Mediterranean
  • Pool: Above Ground
  • Parking: Parking spaces: 4
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: Driveway-Exclusive
  • Zoning: 1614-00672-0000-00021-0000-
  • Utilities: ElectricGas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

Presented by Veterans United Realty

This listing courtesy of KELLER WILLIAMS BY THE BAY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.56 miles away

R

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.56 miles away

T

Technology High School

223 Broadway, Newark, NJ, 07104

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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