198 Ballantine Pkwy
Newark City, NJ 07104

$599,000

Beds: 7
Baths: 3 | 1
Sq. Ft.: N/A
Type: House
Listing #4003475
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.
Property Features
Location Information
County: Essex
Community Living: No
Latitude: 40.77012
Longitude: -74.17028
Directions: Take Exit 145 merge onto I-280 W to Exit 13 to Broad St N and make a left on Ballantine Pkwy. Destination ahead.
Interior Features
Total Rooms: 16
1/2 Baths: 1
Kitchen Description: See Remarks
Has Fireplace: Yes
Number of Fireplaces: 2
Fireplace Description: Wood Burning
Heating: Multi-Zone
Heating Fuel: Gas-Natural
Cooling: None
Appliances: See Remarks
Basement Description: Finished
Has Basement: Yes
Exterior Features
Style: Mediterranean
Siding: Stucco
Roof: Asphalt Shingle
Sewer: Public Sewer
Water: Public Water
Utilities: Electric, Gas-Natural
Has Garage: Yes
Garage Spaces: 3
Driveway: Driveway-Exclusive
Parking Spaces: 4
Has a Pool: Yes
Pool Description: Above Ground
Lot Size: 100X190
Lot Size in Acres: 0.44
Garage Description: Detached Garage
Additional Information
Property Type: SFR
Property SubType: Single Family
Year Built: 1907
Status: Active
Senior Community: No
Tax Amt / Rate / Rate Yr / Yr: 19094 / 3.803 / 2025 / 2024
Tax Year: 2024
Tax Amount: $19,094
Days On Market: 3


$ per month
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Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
KELLER WILLIAMS BY THE BAY
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GSMLS (Broker IDX) data last updated at January 22, 2026, 12:20 AM ET