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$699,999
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Property Description
Spacious 2-Family Home in Newark's Upper Vailsburg section, sitting on a corner lot on a quite street, this 5 bedroom / 2 Bathroom colonial home offers excellent choice for both owner-occupants seeking rental income and investors expanding their portfolio. The first-floor unit offers two bedroom, a full bath, Living-room dining room,kitchen, and a den. Second-floor offers Living-room, Dining room, three bedrooms a full bath, kitchen, walk up attic room that being use as a TV room. Conveniently located near Ivy Hill Park, Seton Hall University, shopping and NYC transportation. Seller will not make any repairs/offer credits. Property sold strictly As-Is. Buyer responsible for CCC/CCO smoke and city inspections require to close. Property also comes with Solar Call/Text for question about the solar system.
Full Property Details
Full Property Details for 170 Oakland Terrace #2
General
- Price: $699,999
- Taxes: $5,826 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3982908
- Updated: 1/8/2026
- Added to Site: 148 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Carbon Monoxide Detector, Smoke Detector, Tile Floors
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Curbs, Gazebo, FencPriv, See Remarks, Sidewalk
- Color: White
Parking
- Garage Description: See Remarks
Location
- County: Essex
- Driving Directions: Mt Vernon to Oakland or South Orange Ave to Richelieu to Varsity TO Oakland
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 1 Unit, Radiators - Hot Water, See Remarks
- Heating Fuel: See Remarks
- Water Heater: Solar
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1959
Unit Information
Unit 1
- Unit Description: Bedrooms, Den, Dining Room, Living Room, Pantry
- Levels/Stories: 1
- Fireplaces: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Dining Room, Kitchen, Living Room, Pantry
- Levels/Stories: 2
- Fireplaces: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 32 x 99.4
- Driveway/Sidewalk: 2 Car Width, Off-Street Parking
- Zoning: Multi Family
- Lot Description: Corner, Level Lot
Financial Considerations
- Expenses: See Remarks
- Assessment Amount: $131,000
- Land Assmt: $222,000
- Tax Amount: $5,826
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 4125
- Lot Number: 38
Listed by Re/Max First Realty Ii
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Schools
Schools serving 170 Oakland Terrace #2
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 0.2 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 0.2 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 0.4 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.2 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 1.5 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 2.1 mi |
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 2.2 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 170 Oakland Terrace #2
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$699,999
-6.67%
MLS
9/29/2025
Price Increased
$750,000
7.14%
MLS
8/30/2025
Listed
$700,000
288.89%
MLS
2/26/2010
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 170 Oakland Terrace #2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,826
2%
$153,200
—
2022
$5,724
—
$153,200
—
2021
$5,720
33%
$153,200
—
2021
$4,313
-24%
$153,200
—
2018
$5,658
4%
$153,200
—
2017
$5,454
3%
$153,200
—
2016
$5,270
4%
$153,200
—
2015
$5,069
-12%
$153,200
—
2019
$5,762
27%
$153,200
—
2013
$4,524
—
$153,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 170 Oakland Terrace #2
170 Oakland Ter #2, Newark, NJ 07106 (MLS# 3982908) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 170 Oakland Ter #2 is currently listed for $699,999 and was received on August 23, 2025. Want to learn more about 170 Oakland Ter #2? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

