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170 Oakland Ter 2, Newark City, NJ 07106

Essex County

Key Facts

5Beds
2Baths
1959Year Built
0.07Lot (acres)
2Stories

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.Back an the Market Buyer could not perform.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Style

2-Two Story

Year Built

1959

Stories

2

Lot Size

0.07 acres

Days on Market

304

MLS® Listing#

3982908

Property Features

Appliances

Solar Hot Water

Cooling

Window Unit(s)

Heating

Hot WaterRadiant

Flooring

Tile

Basement

FullUnfinished

Parking

Off Street

Lot Features

Corner LotLevel

Construction

Aluminum Siding

Roof

Asphalt

Security

Smoke Detector(s)

Other Structures

Gazebo

Utilities

Natural Gas Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$5,826

Tax year 2024

Assessed Value

$153,200

Parcel Number

1614-04125-0000-00038-0000-

Directions

Mt Vernon to Oakland or South Orange Ave to Richelieu to Varsity TO Oakland

Affordability Calculator

$126,000

Estimated monthly payment

$3,353/mo

Principal $504,000 · Est. interest $703,125 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Newark City, NJ

$613,416
Median Listing Price
48
Median Days on Market
1,388
Median Sq Ft
$419
Median Price / Sq Ft
3,249
Active Listings
  • This home’s price is 3% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.

Location

Map showing the location of 170 Oakland Ter 2, Newark City, NJ 07106

Points of Interest in Newark City, NJ

Showing the Newark City area map.

Nearby Schools

  • Ivy Hill Elementary School

    Elementary · 0.2 mi away

  • Lincoln Elementary School

    Elementary · 0.2 mi away

  • Newark School of Data Science and Information Technology

    Secondary · 0.3 mi away

  • Mt Vernon Elementary School

    Elementary · 0.4 mi away

  • Vailsburg Middle School

    School · 0.4 mi away

  • Vailsburg Elementary School

    Elementary · 0.4 mi away

  • Immaculate Conception Seminary

    School · 0.5 mi away

  • Marshall Elementary School

    Elementary · 0.7 mi away

  • Madison Avenue School

    Elementary · 0.7 mi away

  • Alexander Street School

    Elementary · 0.7 mi away

  • Irvington High School

    Secondary · 0.7 mi away

  • Jajo Learning Center

    School · 0.8 mi away

  • Care About Me Program

    School · 0.8 mi away

  • University Middle School

    Secondary School · 0.9 mi away

  • Burch Charter School of Excellence

    Elementary · 0.9 mi away

  • Beth El Nursery School

    School · 0.9 mi away

  • Benjamin Banneker Academy

    School · 0.9 mi away

  • University Elementary School

    Primary School · 0.9 mi away

  • Clinton Elementary School

    Elementary · 1.0 mi away

  • St. Joseph School

    Elementary · 1.0 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Newark City

Listing Courtesy: RE/MAX FIRST REALTY II - 9086641500

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.

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Data provided by GardenStateMLS. MLS® Listing#3982908. © 2026EXIT Realty®. All rights reserved.