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72 Marrow St #3101, Newark, NJ, 07103

3beds
3baths
--sqft
$439,000
--price/sqft
$3,490/moest. monthly cost
$139,600/yrincome needed

About This Home

Location, location, location!-; Large 3 bed, 2.5 bath + garage corner end unit townhome in Newark's most sought after condominium, Society Hill at University Heights.-; A home that provides the best of both worlds, with a tree lined suburban feel yet minutes from all the city has to offer-; This is an upper level corner unit (with no one above you) that's bathed in natural sunlight.-; The 1st floor features a large living room (with wood burning fireplace), dining room, kitchen & half bath.-; The 2nd floor has 3 generously sized bedrooms with the primary having a private ensuite bath.-; Simply pack your bags and move right in.-; Community amenities include private security patrol, swimming pool, tennis courts, tot lot & club house; The home is located in Phase III of the community (the closest section to Rutgers University medical & undergraduate schools and NJIT)-; Easy transportation access (via light rail station that's only 2 blocks away and 4 bus lines) providing a less than 10 minute ride to downtown, home to Newark Penn Station, Whole Foods, NJPAC & Prudential Center.-; Quick & easy access to NY Penn Station, the World Trade Center & Newark Airport (via NJ Transit, PATH or express bus)-; Fun Fact - Newark provides faster access to midtown Manhattan than most outer borough locations of NYC.

Getting Around

88
WalkingVery Walkable
86
TransitExcellent Transit
64
BikeBikeable

Schools

5/10
1/10
Barringer High SchoolGrades 9-121.0 mi
1/10
Central High SchoolGrades 9-121.0 mi

Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Property

Features

  • Exterior features: Tennis Court(s)
  • Waterfront features: None

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Attached garage spaces: 1
  • Covered 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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
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 $2,219$26,628
Home Insurance *$310$3,720
Property Taxes $768$9,216
Electricity $193$2,318
Total$3,490$41,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,657/yr
40% on housing$104,700/yr
45% on housing$93,066/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 07103$277
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07103$164
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
2026-06-11Listed for sale$439,000

For Sale by Agent

AgentRonald Collins
BrokerageHomeSmart First Advantage Realty

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