53 Rose Ter, Newark, NJ 07108
Local realty services provided by:Better Homes and Gardens Real Estate Elite
53 Rose Ter,Newark City, NJ 07108
$649,900
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
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:50 day(s) ago
- Updated:November 14, 2025 at 09:37 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
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)
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