
48 Cornerstone Ln, Newark City, NJ 07103
SH- University Heights 3 · Essex County
Key Facts
Description
Smart Opportunity for today and tomorrow. Own this 2 bedroom/2.5 bath townhouse with private garage at the best location in Society Hill University Heights 3 with easy access to mass transit for trips to NYC. Welcome to this upper two-level unit featuring in unit washer/dryer, new vinyl "wood like" flooring throughout, a balcony on each level great for a quick breath of fresh air or morning coffee and forced air/central air for year-round living comfort. Potentially a lifestyle game changer given the outdoor pool, tennis courts, club house and security are just a block away. Parking a breeze with an oversize garage with an outdoor parking space in tandem and garage storage for bikes, etc. Windows/Patio doors, appliances and alarm system sold in "as is" condition.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Style
Multi Floor Unit
Year Built
1990
Living Area
1,269 sq ft
Garage Spaces
1
Ownership
Condominium
Days on Market
109
MLS® Listing#
4016698
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Lot Features
Construction
Roof
Security
Community
Utilities
Sewer
Water Source
Rooms
- Third
- Second
- First
- Bedroom 1Third
- Bedroom 2Second
- Dining RoomSecond
- KitchenSecond
- Living RoomSecond
- Master Bedroom
- Utility RoomThird
Schools
- Elementary:
- SUSSUX AVE
- Middle:
- SUSSUX AVE
- High:
- BARRINGER
Financial Details
HOA
$484 / Monthly
Annual Taxes
$7,258
Tax year 2025
Assessed Value
$181,500
Parcel Number
1614-00406-0000-00001-0000-C2108
Directions
Raymond Blvd to Warren St to Cornerstone Ln or West Market to Norfolk St to Warren St to Cornerstone Ln
Affordability Calculator
$79,000
Estimated monthly payment
$2,102/mo
Principal $316,000 · Est. interest $440,848 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $615,097
- Median Listing Price
- 49
- Median Days on Market
- 1,385
- Median Sq Ft
- $417
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 36% below the area median.
- Its price per sq ft is 25% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Essex County Newark Tech
Secondary · 0.1 mi away
Science Park High School
Secondary · 0.1 mi away
Saint Vincent Academy
School · 0.2 mi away
Child Study Center at Rutgers
School · 0.4 mi away
University Heights Charter School
School · 0.4 mi away
Sir Isaac Newton Elementary School
Elementary · 0.4 mi away
Philip's Academy Charter School
Elementary · 0.4 mi away
Newark Evening High School
Secondary · 0.4 mi away
Robert Treat Academy Charter School
School · 0.4 mi away
Metropolitan Resurrection LRNG Ctr
School · 0.4 mi away
Marion P. Thomas Charter School
School · 0.4 mi away
St. Benedicts Prep
School · 0.4 mi away
New Horizons Community Charter School
Elementary · 0.5 mi away
Kipp Newark Lab High School
Secondary · 0.5 mi away
Arts High School
Secondary · 0.5 mi away
Famous Bartending School
School · 0.5 mi away
Lead Charter School
Secondary · 0.6 mi away
Discovery Charter School
Secondary · 0.6 mi away
Newark Educators Community Charter School
Elementary · 0.6 mi away
Paulo Freire Charter School
Secondary · 0.6 mi away
Commute Calculator
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: PROMINENT PROPERTIES SIR - 9737836900





