Closed$379,000
TLC ≈ $3,814/mo
4 2 1,896 sqft
296 Elmwood Avenue, East Orange, NJ 07018
18 Colgate Drive, Newark, NJ 07103
$325,000
2 beds 1 baths — Built 199049 days on marketActive
About this home
Welcome to 18 Colgate Drive in the Society Hill at University Heights community. This two-bedroom, one-bath condominium offers approximately 1, 048 square feet of comfortable living space in one of Newark's most convenient locations. The home features a functional floor plan with central air conditioning, an in-unit washer and dryer, dishwasher, and one assigned parking space. Its practical layout provides a solid foundation for buyers looking to make the space their own while enjoying the benefits of condominium living. Ideally located near University Hospital, Rutgers University-Newark, and Essex County College, the property also offers convenient access to shopping, dining, and everyday services. Enjoy being just minutes from the Prudential Center, New Jersey Performing Arts Center (NJPAC), museums, galleries, parks, and recreational facilities. Commuters will appreciate easy access to Newark Penn Station, Newark Liberty International Airport, major highways, and regional transit, providing connections to New York City and destinations throughout New Jersey. Society Hill at University Heights is an established condominium community with professionally maintained common areas and a location that places residents near Newark's downtown business district, educational institutions, healthcare facilities, and transportation network. Offering a desirable location, practical amenities, and the opportunity to personalize the space to suit your own style, 18 Colgate Drive presents an excellent opportunity to own a condominium in the heart of 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
- Utilities
- $575
- Transportation
- $169
- Other (entertainment)
- $157
Principal + interest$2,094
Property tax + insurance$1,599
HOA$595
PMI / 2nd mortgage$122
Heating + cooling$126
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$169
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 SystemKitchenLiving RoomDining Room2 BedroomsLaundry RoomAtticBath FullNone
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
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 38,288 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | -2.00% | 14.00% | 20.00% |
| Population Density | 16,962 | 1,137 | — |
| Male | 17,977 | 4,307,827 | 147,432,321 |
| Female | 20,311 | 4,525,010 | 151,655,844 |
| Never Married | 14,905 | 1,965,811 | 63,775,926 |
| Married | 4,998 | 3,647,435 | 123,120,365 |
| Separated | 3,549 | 391,239 | 12,639,686 |
| Widowed | 2,521 | 515,172 | 15,467,586 |
| Divorced | 2,170 | 529,393 | 23,075,029 |
| Number Of House Hold | 12,556 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.81 | 2.73 | 2.60 |
| Medial Age | 27.77 | 37.15 | 35.46 |
| 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 R | 7.00% | 7.00% | — |
| W C J | 84.36% | 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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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.