170 Oakland Ter #2, Newark, NJ, 07106
About This Home
Spacious 2-Family Home in Newark's Upper Vailsburg section, sitting on a corner lot on a quite street, this 5 bedroom / 2 Bathroom colonial home offers excellent choice for both owner-occupants seeking rental income and investors expanding their portfolio. The first-floor unit offers two bedroom, a full bath, Living-room dining room,kitchen, and a den. Second-floor offers Living-room, Dining room, three bedrooms a full bath, kitchen, walk up attic room that being use as a TV room. Conveniently located near Ivy Hill Park, Seton Hall University, shopping and NYC transportation. Seller will not make any repairs/offer credits. Property sold strictly As-Is. Buyer responsible for CCC/CCO smoke and city inspections require to close. Property also comes with Solar Call/Text for question about the solar system.Back an the Market Buyer could not perform.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1959
Materials
- Roof: Asphalt Shingle
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Exhaust Fan,Range/Oven - Gas,Refrigerator,See Remarks,Kitchen Exhaust Fan,Solar Hot Water
Basement
- Has basement: Yes
- Basement: Yes,Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Den,Dining Room,Living Room,Pantry,Attic,Kitchen
- Flooring: Tile
- Number of fireplaces: 2
- Fireplace: Yes
Heating & Cooling
- Heating features: 1 Unit,Radiators - Hot Water,See Remarks
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614041250000000380000
- Zoning description: Multi Family
Features
- Levels: Two
- Stories: 2
- Exterior features: Curbs,Sidewalk
Lot
- Lot size: 3,049 sqft
- Features: Corner Lot,Level
- Lot size dimensions: 32 x 99.4
Parking
- Total spaces: 2
- Parking features: 2 Car Width,Off Street,See Remarks
- Uncovered spaces: 2
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
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,185 | $38,220 |
| Home Insurance * | $341 | $4,092 |
| Property Taxes | $1,102 | $13,224 |
| Electricity | $193 | $2,318 |
| Total | $4,821 | $57,852 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-23 | Price change | $630,000 |
| 2026-04-28 | Pending sale | $650,000 |
| 2026-02-13 | Price change | $650,000 |
| 2026-01-08 | Price change | $699,999 |
| 2025-09-29 | Price change | $750,000 |
| 2025-08-30 | Listed for sale | $700,000 |
View on Zillow