CCertihomes
67-69 Park View Terrace, Newark, NJ 07112

$499,000

0 beds 3 baths Built 192033 days on marketClosed

About this home

Great Investment opportunity!! This three-story, 3-family home in the heart of Newark comes with plenty of its original character and charm. Sitting on a corner lot, on a quiet, tree-lined street, this 5 bedroom/3 bathroom colonial home offers an incredible opportunity for owner-occupants or investors looking to maximize their real estate portfolio and build equity. The first-floor unit offers a welcoming parlor, a sitting area, comfortable living space with a living room, kitchen, dining room, two bedrooms and a full bath. The second-floor unit offers a living room, kitchen, dining room, two bedrooms, and a full bath. The third-floor unit has a living room, kitchen, one bedroom and a full bath. All units feature spacious layouts with hardwood floors, high ceilings and deep closets throughout. The ample sized driveway holds up to 4 cars. This home is ideal for commuters as you're near NJ Transit and major highways: Rt 22, I-78, the GSP and Newark Int'l Airport. You're also just blocks away from Newark Beth Hospital, KIPP Seek Academy Charter School and Weequahic Park, which has a friendly atmosphere with a golf course, trail, playground, basketball and tennis courts, fitness course, dog park, water park and more. In addition, it's conveniently located for shopping, restaurants and places of worship. Whether you're looking for a place to call home or an investment property to maximize your return of investment, make your appointment now

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.

Your estimated payment
$3,846/mo

Real estate (PITI + HOA + PMI)
$3,527
Principal + interest$2,263
Property tax + insurance$1,077
PMI / 2nd mortgage$187
Utilities
$517
Heating + cooling$122
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$169
Car insurance + maintenance$169
Other (entertainment)
$157
$3,846/mo TLC
Budget$5,000/mo
Remaining after TLC$1,154/mo
Purchase price
$499,000
Down payment
$24,950 (5%)
Loan amount
$474,050
APR
4%

Quick facts

Type
3 Family
Style
Year built
1920
Lot size
Stories
3
Heating
Baseboard
Cooling
A/C Wall Unit(s),A/C Window Unit(s)
Water
Public
HOA
Annual tax
$6,029
MLS #
2603028R
County
Essex

At a glance

Basement

Home features

Appliances
Water Heater(Gas)Water HeaterUnit 1(Refrigerator)
Interior
Unit 1(Dining Room2 BedroomsKitchen1 BathLiving Room)Unit 2(Dining Room2 Bedrooms1 BathLiving Room)Unit 3(1 BedroomKitchen1 BathLiving Room)
Parking
3-4 Car Parking
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Corner Lot

Neighborhood — 07112

MetricThis ZIPCountyUSA
Population26,2598,832,837299,088,112
Population Change Since1990-11.00%14.00%20.00%
Population Density17,9781,137
Male11,8754,307,827147,432,321
Female14,3844,525,010151,655,844
Never Married8,9331,965,81163,775,926
Married5,0733,647,435123,120,365
Separated1,915391,23912,639,686
Widowed1,581515,17215,467,586
Divorced1,961529,39323,075,029
Number Of House Hold9,2513,167,345111,826,380
Average House Hold Size2.842.732.60
Medial Age31.4737.1535.46
Median House Hold Income$34,921$63,392$48,276
Average House Hold Income$47,977$83,312$63,629
P C I$16,961$30,662$24,529
M D I$30,995$52,505$41,133
A T H E$42,457$61,369$50,898
S T R7.00%7.00%
W C J77.50%81.02%77.74%
(Zip) Code
7112

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 8/24/2025. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.