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$395,000 Just Listed
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Property Description
This 2 bedroom 2.5 bathroom unit includes an assigned garage below and additional blacktop parking spot in front in tandem. It includes 2 balconies on each level. The included appliances are refrigerator, dishwasher, gas range/oven, microwave, washer and dryer. The hot water heater has recently been replaced. Unit includes Central air and forced hot air. The amenities include outdoor in-ground pool, clubhouse, tennis courts, security. HOA monthly fees are $484. Close to Public transportation, Rutgers University, NJIT, UMDNJ Hospital, Shoprite supermarket.
Full Property Details
Full Property Details for 48 Cornerstone Ln
General
- Price: $395,000
- HOA FEE: $484/month
- Taxes: $7,258 (2025)
- Status: Active
- Type: Townhouse
- Source: Garden_State
- MLS ID: 4016698
- Updated: Today (3/25/2026)
- Added to Site: Today
Interior
- Number of Rooms: 5
- 3rd Floor/Level 3: 2 Bedrooms, Bath Main, Bath(s) Other, Laundry Room, Utility Room
- 2nd Floor/Level 2: Dining Room, Foyer, Kitchen, Living Room, Porch, Powder Room
- 1st Floor/Level 1: Entrance Vestibule, OutEntrn
- Street Level: GarEnter
- Interior Features: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector, SoakTub, Tub Shower, Walk-In Closet
- Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Gas Range and Oven, Refrigerator, Washer
- Flooring: Carpeting, Laminate, Tile, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Full Bath, Walk-In Closet
- Bedroom 1: Third
- Bedroom 2: Second
Other Rooms
- Living Room: Second
- Kitchen: Country Kitchen, Eat-In Kitchen, Second
- Dining Room: Dining L, Second
- PowderRm: Second
- Laundry Room: Third
- Utility Room: Third
- Vestibul: First
Additional Information
- Shared Amenities: Club House, Pool-Outdoor, Tennis Courts
- Pool: Yes
- Pool Description: Association Pool
Exterior
- Exterior Features: Curbs, Deck, Storm Door(s), Thermal Windows/Doors
- Color: Gray
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Detached Garage, Garage Door Opener, Garage Parking, Oversize Garage, Tandem
Location
- County: Essex
- Subdivision: Society Hill 3
- Driving Directions: Raymond Blvd to Warren St to Cornerstone Ln or West Market to Bergen St to Warren St to Cornerstone Ln
School Information
- Elementary School: SUSSUX AVE
- Middle School: SUSSUX AVE
- High School: BARRINGER
Community
- Community Living: Yes
- Assoc. Fees Include: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: Multi Floor Unit, Townhouse-Interior, Multi Floor Unit
- Roof: Asphalt Shingles
- Square Feet: 1,269
- Year Built: 1990
Lot Features
- Driveway/Sidewalk: 2 Car Width, Additional Parking, Blacktop, Driveway-Shared, Hard Surface, See Remarks
- Zoning: Residential
- Lot Description: Cul-De-Sac, Level Lot, Open Lot
Financial Considerations
- Association Fee: $484
- Assoc Fee Freq.: Monthly
- Application Fee: $1,452
- Assessment Amount: $181,500
- Land Assmt: $35,000
- Tax Amount: $7,258
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Exclusions: Tenant's Processions
- Disclosures: Yes
- APN: 1614-00406-0000-00001-0000-C2108
- Block: 406
- Lot Number: 1
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Schools
Schools serving 48 Cornerstone Ln
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.7 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.7 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.8 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.9 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.2 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 Cornerstone Ln
Date
Details
Price
Change
Source
3/25/2026
Listed
$395,000
—
MLS
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 48 Cornerstone Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,902
2%
$181,500
—
2023
$6,766
417%
$181,500
419%
2022
$1,308
—
$35,000
—
2021
$1,307
-2%
$35,000
—
2020
$1,330
126%
$35,000
—
2021
$588
-55%
$35,000
—
2018
$1,293
4%
$35,000
—
2017
$1,246
3%
$35,000
—
2016
$1,204
4%
$35,000
—
2015
$1,158
-12%
$35,000
—
2019
$1,316
27%
$35,000
—
2013
$1,034
—
$35,000
—
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 48 Cornerstone Ln
48 Cornerstone Ln, Newark, NJ 07103 (MLS# 4016698) is a Townhouse property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 48 Cornerstone Ln is currently listed for $395,000 and was received on March 25, 2026. Want to learn more about 48 Cornerstone Ln? Do you have questions about finding other Townhouse real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

