20 days on rocket

229 Ballantine Pkwy, Newark City, NJ, 07104

$2,400,000

Home List Price

$10,000*

Closing Credit

15 Bedrooms
5 Full Baths, 3 Partial
House

Location

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229 Ballantine Pkwy, Newark$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Detached Garage, Loft Storage, Oversize Garage, See Remarks
Garage3 spaces
Year Built1900
HeatingNatural Gas
BasementYes
FireplaceBedroom 1, Bedroom 2, Bedroom 3
MLS #3936093
Lot Size0.44 Acres
StatusActive

About 229 Ballantine Pkwy

Rare opportunity to own a historic gem! Discover the timeless elegance of this grand, ornate architectural treasure located in Newark's prestigious Forest Hill neighborhood, Essex County.A true treasure, this expansive home boasts 26 rooms filled with abundant natural light, including 15 bedrooms, 5 full baths, and 3 half baths, seamlessly blending luxury and charm. Main Level Highlights: A spacious living room, family room, and formal dining room ideal for entertaining. A breathtaking ballroom and a year-round porch perfect for gatherings or quiet retreats.A full-size kitchen, 1 bedroom, 1.5 baths, and a convenient laundry room complete the ground floor.Second Level Features:8 bedrooms paired with 3 Jack and Jill full baths for optimal privacy and functionality.An additional full bath adds to the convenience. Original Carriage House Includes a basement and room for 3 cars or the potential to transform into a private apartment.. Nestled within walking distance of scenic parks, vibrant shopping districts, and the light rail, this property offers an unparalleled blend of luxury and convenience. Its sprawling layout and flexible design make it perfect for a variety of uses, including owner-occupied businesses or multi-generational living.Don't miss this chance to own a piece of Newark's history in an unbeatable location. Whether you're an investor or looking for a unique space to call your own, this property offers charm, character, and excellent value!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (973) 876-0970

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Gas Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpeting, Laminate, Tile, Wood
  • Fireplace: Bedroom 1, Bedroom 2, Bedroom 3

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 5
  • Total Bedroom Count: 15

Exterior Features

Exterior Information:

  • Exterior: Carriage House, Enclosed Porch(es), Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Blacktop, Detached Garage, Loft Storage, Oversize Garage, See Remarks

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: I-280 E. Exit 13 toward First St to Branch Brook Pk. Follow signs for First St, turn left. Continue on First St, then turn left onto Ballantine Pkwy.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

229 Ballantine Pkwy vs Newark

20 DAYS ON ROCKET

+6 Days

$2,400,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3936093

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (973) 876-0970

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website 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 an IDX Listing. Information deemed reliable but not guaranteed.

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.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4376520
3
/10

  • Elliott Street Elementary School

  • 721 Summer Ave

  • 0.61 miles

  • Public District Grades PK-4

school-card-donut-4376521
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.68 miles

  • Public District Grades PK-4

school-card-donut-4376522
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.80 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,758. The most common annual income of people living in Newark, NJ is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 229 Ballantine Pkwy

What is the listing price of this property?

The listing price of 229 Ballantine Pkwy property is $2,400,000.

What type of property is this?

The property 229 Ballantine Pkwy is a house located in Newark City, New Jersey, 07104.

Is this property for sale now?

Active Listing: 229 Ballantine Pkwy is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 229 Ballantine Pkwy has 15 bedrooms and 5 full and 3 half bathrooms.

Which year was this property built?

The year of construction for 229 Ballantine Pkwy is 1900.

Rocket Homes›New Jersey›Essex County›Newark›07104›229 Ballantine Pkwy

This home is located at 229 Ballantine Pkwy in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1900, sits on a 0.44 acre lot. Features: 15 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $2,400,000.

In November 2024 more than 22 listings in Newark, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. In November 2024 in Newark, NJ there were 13.5% more homes for sale than in October 2024. Listings spent 14 days on the market in November 2024, and had a median list price of $400,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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