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$599,000
Est. payment /mo
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
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Listed by KELLER WILLIAMS BY THE BAY
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