CCertihomes
18 Colgate Drive, Newark, NJ 07103

$325,000

2 beds 1 baths Built 19900 days on marketActive

About this home

Society Hill Condominium Near NJPAC, Prudential Center & Transit Welcome to 18 Colgate Drive in the Society Hill at University Heights community. This well-maintained three-level, two-bedroom, one-bath condominium offers approximately 1, 048 square feet of living space in a location with access to many of Newark's major destinations. The home features a functional layout with central air conditioning, an in-unit washer and dryer, dishwasher, attic storage, and one assigned parking space. The property is located near University Hospital, NJIT, Rutgers University-Newark, Essex County College, shopping, dining, and major transportation routes. Nearby destinations include the Prudential Center, the New Jersey Performing Arts Center (NJPAC), museums, galleries, parks, and recreational facilities. The property also offers access to Newark Penn Station, Newark Liberty International Airport, major highways, and regional transit connections serving New York City and destinations throughout New Jersey. Society Hill at University Heights is an established condominium community with professionally maintained common areas and access to Newark's downtown business district, educational institutions, healthcare facilities, and transportation network. Offering a convenient location, functional living space, and practical amenities, 18 Colgate Drive presents an opportunity for buyers seeking a condominium in Newark.

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 7.19% APR.

Your estimated payment
$4,253/mo

Real estate (PITI + HOA + PMI)
$4,410
Principal + interest$2,094
Property tax + insurance$1,599
HOA$595
PMI / 2nd mortgage$122
Utilities
$575
Heating + cooling$126
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$169
Car insurance + maintenance$169
Other (entertainment)
$157
$4,253/mo TLC
Budget$5,000/mo
Remaining after TLC$747/mo
Purchase price
$325,000
Down payment
$16,250 (5%)
Loan amount
$308,750
APR
7.19%

Quick facts

Type
Townhouse, Condo/TH
Style
Middle Unit, Split Level, Townhouse
Year built
1990
Lot size
0.0241 ac
Stories
2
Heating
Central, Forced Air
Cooling
Central Air
Water
Public
HOA
$595 / Monthly
Annual tax
$6,730
MLS #
2700292R
County
Essex

At a glance

Air conditioning
Dishwasher

Home features

Appliances
DishwasherDryerGas Range/OvenRefrigeratorWasherGas Water Heater
Interior
2nd Stairway to 2nd LevelSecurity SystemEntrance FoyerKitchenLiving RoomDining Room2 BedroomsLaundry RoomAtticBath Full
Community
ClubhouseOutdoor PoolTennis Court(s)
Parking
NoneOff SiteAssigned
Pool
Outdoor PoolIn Ground
Kitchen
Separate Dining Area
Dining
Living Dining Combo
Security
Security System
Flooring
Carpet, Ceramic Tile, Laminate
Roof
Flat
Sewer
Public Sewer
Ownership
Condominium

Lot features

Near Shopping, Near Train, Near Public Transit

Neighborhood — 07103

MetricThis ZIPCountyUSA
Population38,2888,832,837299,088,112
Population Change Since1990-2.00%14.00%20.00%
Population Density16,9621,137
Male17,9774,307,827147,432,321
Female20,3114,525,010151,655,844
Never Married14,9051,965,81163,775,926
Married4,9983,647,435123,120,365
Separated3,549391,23912,639,686
Widowed2,521515,17215,467,586
Divorced2,170529,39323,075,029
Number Of House Hold12,5563,167,345111,826,380
Average House Hold Size2.812.732.60
Medial Age27.7737.1535.46
Median House Hold Income$23,707$63,392$48,276
Average House Hold Income$38,336$83,312$63,629
P C I$15,023$30,662$24,529
M D I$22,050$52,505$41,133
A T H E$36,783$61,369$50,898
S T R7.00%7.00%
W C J84.36%81.02%77.74%
(Zip) Code
7103

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 7/13/2026. Provided courtesy of NOJO REALTY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

18 Colgate Drive · Newark — $325,000 · Certihomes