53 Rose Ter, Newark City, NJ 07108
53 Rose Ter, Newark City, NJ 07108,Video Tour
53 Rose Ter, Newark City, NJ 07108
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$649,000
Est. payment /mo
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8 Beds
4 Baths
3,200 SqFt
Under Contract

53 Rose Ter Newark City, NJ 07108

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Radhames Tatis

Radhames Tatis

+1(201) 250-3739

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $202

MLS Listing ID 4016546

Style Triplex, Under/Over

Bedrooms 8

Full Baths 4

Year Built 1930

Annual Tax Amount $6,922

Tax Year 2025

Lot Size 3,484 Sqft

Property Description

Excellent Investment Opportunity! This fully legal 3 unit property is ready for its next savvy investor to unlock its full cash flow potential. Each floor offers a separate apartment: the 1st and 2nd floors feature spacious 3-bed, 1 bath layouts, while the 3rd floor offers a 2 bed, 1 bath unit, perfectly positioned to be rented at current market rates. With low annual taxes of just $6,600 and additional basement space ideal for storage or extra income opportunities, this property is built for strong returns. On street parking keeps maintenance low, making it a hassle free option for landlords or owner occupants alike. Schedule your showing today and make this a valuable addition to your investment portfolio!

Location

State NJ

County Essex

Rooms

Basement Finished-Partially

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Vinyl Siding

Parking Features On-Street Parking

Utilities Available All Underground, Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Triplex, Under/Over

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REDFIN CORPORATION

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Radhames Tatis

Radhames Tatis

Agent | License ID: 2076013

+1(201) 250-3739

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53 Rose Ter