NJ > Newark City
Newark City, NJ 07104,198 Ballantine Pkwy
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Newark City, NJ 07104,198 Ballantine Pkwy
Newark City, NJ 07104,198 Ballantine Pkwy
Newark City, NJ 07104,198 Ballantine Pkwy
Newark City, NJ 07104,198 Ballantine Pkwy
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Lena Pesso

Lena Pesso

+1(973) 368-3801
$ 599,000
Est. payment /mo
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198 Ballantine Pkwy Newark City, NJ 07104

7 Beds

3.5 Baths

0.44 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4003475

Style Mediterranean

Bedrooms 7

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1907

Annual Tax Amount $19,094

Tax Year 2024

Lot Size 0.440 Acres

Property Sub-Type Single Family

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.

Location

State NJ

County Essex

Rooms

Basement Finished

Kitchen See Remarks

Interior

Heating Gas-Natural

Cooling None

Fireplaces Number 2

Fireplaces Type Wood Burning

Heat Source Gas-Natural

Exterior

Exterior Feature Stucco

Parking Features Detached Garage

Garage Spaces 3.0

Pool Above Ground

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Mediterranean

Others

Senior Community No

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS BY THE BAY
Lena Pesso

Lena Pesso

Broker Associate | License ID: 0901285

+1(973) 368-3801

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