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27 Richelieu Ter, Newark, NJ, 07106

7beds
4baths
--sqft
$525,000
--price/sqft
$4,049/moest. monthly cost
$161,960/yrincome needed

About This Home

Welcome to 27 Richelieu Terrace, a rare opportunity to own a spacious 7-bedroom, 4-full-bath home offering exceptional flexibility and room to grow. Whether you're looking for space for a large household, multi-generational living, or simply desire extra room for work and recreation, this property delivers. Step inside to discover a thoughtfully designed layout featuring generously sized living areas, abundant natural light, and plenty of room for both everyday living and entertaining. The expansive floor provides comfort and convenience for everyone. The spacious kitchen serves as the heart of the home, with ample cabinetry and workspace for preparing meals and gathering with family and friends. Multiple levels of living space create endless possibilities for home offices, guest suites, fitness areas, or hobby rooms. Outside, enjoy the convenience of off-street driveway parking and outdoor space ready for relaxation, gardening, or entertaining. Situated in a convenient Newark location close to shopping, dining, schools, public transportation, and major commuter routes, this home combines size, functionality, and accessibility. With its impressive bedroom and bathroom count and versatile layout, 27 Richelieu Terrace offers a unique opportunity to own a home that can adapt to your needs for years to come. Schedule your private showing today and experience all this exceptional property has to offer.

Getting Around

76
WalkingVery Walkable
55
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

3/10
Lincoln Elementary SchoolGrades PK-80.2 mi
1/10
West Side High SchoolGrades 9-121.6 mi
1/10
Central High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1939

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven-Gas,Refrigerator
  • Laundry features: In Basement

Basement

  • Features: 2 Bedrooms, Bath Main, Laundry Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bath Main

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Kitchen

  • Features: Breakfast Bar

Property

Details

  • Parcel number: 1614041720000000520000

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 25 x 122

Parking

  • Total spaces: 1
  • Parking features: Concrete Strip
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$284$3,408
Property Taxes $918$11,016
Electricity $193$2,318
Total$4,049$48,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,822/yr
40% on housing$121,470/yr
45% on housing$107,973/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07106$251
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07106$221
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Price change$525,000
2026-06-12Listed for sale$540,000
2020-01-10Sold$290,000
2019-08-12Price change$289,999
2019-06-07Listed for sale$299,000
2018-07-13Sold$95,000
2018-05-04Sold$83,500
2018-02-17Listed for sale$83,600
2007-01-29Sold$167,000
2004-09-30Sold$180,000

For Sale by Agent

AgentFareeda Stokes
BrokerageHarkes Realty And Associates

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