53 Rose Ter, Newark, NJ 07108

Local realty services provided by:Better Homes and Gardens Real Estate PorchLight Properties
53 Rose Ter,Newark City, NJ 07108
$649,900
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:bruno nunes
Office:redfin corporation
MLS#:3988801
Source:NJ_GSMLS

Price summary

  • Price:$649,900

About this home

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!

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Home facts

  • Year built:1930
  • Listing ID #:3988801
  • Added:1 day(s) ago
  • Updated:September 24, 2025 at 11:54 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:3 Units, Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1930
  • Lot area:0.08 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$649,900
  • Tax amount:$6,582 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated September 24, 2025

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