CCertihomes
88 Richmond Street, Newark, NJ 07103

$400,000

3 beds 4 baths 2,422 sqft Built 198815 days on marketClosed

About this home

**Welcome to 88 Richmond St, Newark, NJ 07103**, a spacious townhouse located in the desirable Society Hill (University Estates) community. This 3-bedroom, 2 full bathroom and 2 half bathroom home offers comfortable living space with plenty of room to grow. The main level features a welcoming living room, dining room, and functional kitchen, providing an ideal layout for everyday living and entertaining. The full finished basement offers valuable additional space that can be used as a recreation room, home office, gym, media room, or additional living area. Enjoy the convenience of a private driveway with 1-car parking. Best of all, this property offers **NO HOA and low property taxes**, making it an attractive opportunity for homeowners and investors alike. Conveniently located near major roadways, public transportation, shopping, dining, and local amenities. Don't miss the opportunity to make this Society Hill townhouse your new home!

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
$3,134/mo

Real estate (PITI + HOA + PMI)
$2,734
Principal + interest$1,814
Property tax + insurance$770
PMI / 2nd mortgage$150
Utilities
$555
Heating + cooling$116
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$169
Car insurance + maintenance$169
Other (entertainment)
$157
$3,134/mo TLC
Budget$5,000/mo
Remaining after TLC$1,866/mo
Purchase price
$400,000
Down payment
$20,000 (5%)
Loan amount
$380,000
APR
4%

Quick facts

Type
Townhouse, Condo/TH
Style
Townhouse, Two Story
Year built
1988
Lot size
0.0457 ac
Stories
2
Heating
Central, Forced Air
Cooling
Central Air, Ceiling Fan(s)
Water
Public
HOA
—
Annual tax
$3,731
MLS #
2702913R
County
Essex

At a glance

Air conditioning
Fireplace
Basement
Dishwasher

Home features

Appliances
DishwasherDryerGas Range/OvenMicrowaveRefrigeratorWasherGas Water Heater
Interior
2nd Stairway to 2nd LevelFirealarmEntrance FoyerKitchenBath HalfLiving RoomDining Room3 BedroomsBath FullBath MainNone
Exterior
Deck
Parking
1 Car WidthDriveway
Patio & porch
Deck
Fireplace
Gas
Kitchen
Not Eat-in Kitchen
Dining
Living Dining Combo
Master bedroom
Full Bath
Security
Fire Alarm
Flooring
Carpet, Ceramic Tile
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Near Train, Level, 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.

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 8/17/2026. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.