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93 Perez Dr, Newark, NJ, 07103

3beds
3baths
--sqft
$437,000
--price/sqft
$3,475/moest. monthly cost
$139,000/yrincome needed

About This Home

Rare Opportunity in Society Hill at University Heights III Located in the highly desirable Society Hill at University Heights III community, thisexceptional three-bedroom, 2.5-bath townhouse offers one of the most versatile and sought-after layouts available in the neighborhood. What immediatelydistinguishes this home is the private lower-level suite featuring its own separate entrance, full bathroom, and patio access a configuration rarely available inthe community. This flexible space offers an ideal setup for owner occupant or investors. Unlike many townhomes, this residence provides three full levels of living space with no units above, creating added privacy and a true townhouse feel. The main level features hardwood flooring throughout the living and dining areas, a newly renovated powder room, and an updated kitchen with sliding doors leading to a balcony. The upper level includes two additional bedrooms including a spacious primary suite, and the upper level has been refreshed, creating a move-in-ready living environment. The finished lower level includes a bedroom, full bathroom, and direct access to a private patio and separate entrance, making thisone of the most flexible layouts currently available. A well-maintained community lifestyle with amenities including a pool, tennis courts, and professionally maintained grounds with no lawn maintenance or snow removal required.

Getting Around

88
WalkingVery Walkable
86
TransitExcellent Transit
64
BikeBikeable

Schools

5/10
1/10
Barringer High SchoolGrades 9-120.9 mi
1/10
Central High SchoolGrades 9-121.0 mi

Construction

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse,Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Range/Oven-Gas,See Remarks,Washer

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Basement

Bedrooms & Bathrooms

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

Dining Room

  • Level: First

Features

  • Flooring: Wood
  • Common walls with other units/homes: 2+ Common Walls,Townhouse-Interior

Heating & Cooling

  • Heating features: 1 Unit,Forced Air,See Remarks,Natural Gas
  • Cooling features: 1 Unit,Central Air

Kitchen

  • Features: Eat-in Kitchen,Separate Dining Area
  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 1614004060000000010000C2903X
  • Attached to another structure: Yes

Lot

  • Lot size: 9,999 sqft
  • Lot size dimensions: 9999

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Heat Wave

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 $2,209$26,508
Home Insurance *$309$3,708
Property Taxes $764$9,168
Electricity $193$2,318
Total$3,475$41,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,142/yr
40% on housing$104,250/yr
45% on housing$92,666/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)

No zestimate history available

Price History

DateEventPrice
2026-03-10Listed for sale$424,999
2024-08-01Listing removed--
2024-06-15Listed for sale$413,369
1996-07-31Sold$146,650

For Sale by Agent

AgentMarcus Warner
BrokerageMonopoly Marc Realty Llc

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