This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
$599,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
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.
Full Property Details
Full Property Details for 198 Ballantine Pkwy
General
- Price: $599,000
- Taxes: $19,094 (2024)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4003475
- Updated: 1/5/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 16
- Number of Fireplaces: 2
- Fireplace(s): Wood-Burning
- Appliances: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Kitchen: See Remarks
Additional Information
- Pool: Yes
- Pool Description: Above-Ground
Parking
- Garage: Yes
- Garage Spaces: 3
- Uncovered Spaces: 4
- Garage Description: Detached Garage
Location
- County: Essex
- Driving 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.
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Mediterranean
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1907
Lot Features
- Lot Size (Acres): 0.44
- Lot Size: 100 x 190
- Driveway/Sidewalk: Driveway-Exclusive
Financial Considerations
- Assessment Amount: $502,100
- Land Assmt: $95,300
- Tax Amount: $19,094
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-00672-0000-00021-0000-
- Block: 672
- Lot Number: 21
Listed by Keller Williams By The Bay
Get Pre-Approved Today
Schools
Schools serving 198 Ballantine Pkwy
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.6 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.7 mi |
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.7 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.9 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.6 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 2.4 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.7 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 2.8 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 198 Ballantine Pkwy
Date
Details
Price
Change
Source
1/05/2026
Listed
$599,000
30.22%
MLS
4/11/2019
Sold
$460,000
—
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 198 Ballantine Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,095
2%
$502,100
—
2022
$18,758
—
$502,100
—
2021
$18,748
33%
$502,100
—
2021
$14,134
-25%
$502,100
—
2019
$18,884
2%
$502,100
—
2018
$18,543
4%
$502,100
—
2017
$17,875
3%
$502,100
—
2016
$17,272
4%
$502,100
—
2015
$16,614
7%
$502,100
—
2014
$15,570
—
$502,100
—
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 198 Ballantine Pkwy
198 Ballantine Pkwy, Newark, NJ 07104 (MLS# 4003475) is a Single Family property with 7 bedrooms, 3 full bathrooms and 1 partial bathroom. 198 Ballantine Pkwy is currently listed for $599,000 and was received on January 05, 2026. Want to learn more about 198 Ballantine Pkwy? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

