Property
Newark City, NJ 07108 53 Rose Ter
$649,900
25 more
Presented By: REDFIN CORPORATION; 609-216-7035
Beds • 8- Baths • 4
Beds • 8
Baths • 4Home Details
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!
Presented By: REDFIN CORPORATION; 609-216-7035
Interior Features for 53 Rose Ter
Bedrooms
Total Bedrooms8
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1200
Unit 2 Sq Ft1200
Unit 3 Sq Ft800
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent2200
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementFinished-Partially
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Smoke Detector
Other Rooms
Unit 2 Rooms6
Unit 1 Rooms6
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room
General for 53 Rose Ter
Architectural StyleTriplex, Under/Over
CoolingWindow A/C(s)
CountyEssex
DirectionsBetween Chadwick Ave and Treacy Ave
DriveOn-Street Parking
EasementNo
ExclusionsPersonal Items
Farm AssessmentNo
Full Baths4
GarageOn-Street Parking
Garage Spaces
Gross Income
Heating3 Units, Baseboard - Hotwater
Home Warranty Y/NNo
Net Operating Income
Number Of Units Total3
Open Parking Spaces0
Operating Expense0
Possession30
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6582
Tax Assessed Value173100
Tax Lot26
Tax Year2024
Total Rooms13
Town #1614
TownshipNewark City
UtilitiesAll Underground, Electric, Gas-Natural
Water HeaterGas
Year Built1930
Exterior for 53 Rose Ter
Exterior DescriptionAluminum Siding, Vinyl Siding
Lot Dimensions31X113.7
Lot Size Acres0.08
Water SourcePublic Water
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate