Property

Newark, NJ 07108 59 Rose Terrace

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Presented By: KELLER WILLIAMS ELITE REALTORS
  • MLS# 2604844R
  • 09/23/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 3
  • SQFT • 2,440
  • Garage • 3

Home Details

An exceptional opportunity you don't want to miss!. Beautifully Renovated 2-Family Home with Rental Income Potential!This is a rare opportunity to own a turnkey 2-family property whether you're an investor seeking rental income or a family looking for a move-in ready home with space to grow. this home checks all the boxes. 8 Bedrooms 3 Bathrooms with Parking. This home offers the perfect blend of comfort, style, and investment potential. Designed for both multi-generational living and strong rental income opportunities, with both units currently VACANT. First Floor Unit: 3 generous bedrooms, 1 full bath, open-concept living room with fireplace, and a brand-new kitchen. Second Floor Duplex Unit: Expansive 5-bedroom, 2 full bath layout spanning two levels, complete with a private deck balcony featuring an outdoor ceiling fan ideal for relaxing or entertaining. Modern kitchens with shaker cabinets, granite countertops, and stainless steel appliances (stove, microwave/dishwasher, and side-by-side refrigerator). Ceramic tile and luxury vinyl flooring throughout. Bright and airy open layouts with alcove areas perfect for a home office or reading nook. Fireplaces in both units add warmth and charm. Driveway with rear parking, Separate utilities for each unit. Low property taxes for added value. Close to schools, shops, and public transportation. Just minutes to Downtown Newark Penn Station, the Garden State Parkway, and I-78W making this the perfect home for commuters.
Presented By: KELLER WILLIAMS ELITE REALTORS

Interior Features for 59 Rose Terrace

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths

Other Interior Features

BasementPartially Finished, Full, Exterior Entry, Storage Space, Utility Room, Workshop
Heating Y/NNo
Interior AmenitiesUnit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 2(Kitchen, 5+ Bedrooms, Living Room, 2+ Baths, See Remarks, Den/Family Room)
Total Stories3
Window FeaturesBlinds

General for 59 Rose Terrace

AppliancesWater Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Carport Spaces
Carport Y/NNo
CityNewark
Close Price
CoolingCeiling Fan(s), See Remarks
CountyEssex
Full Baths
Garage Spaces3
Garage Y/NYes
Gas Y/NNatural Gas
Living Area2440
Living Area UnitsSquare Feet
Lot Size Square Feet3598
ModificationTimestamp2025-10-16T00:07:44.000Z
OwnerPaysUnit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
OwnershipFee Simple
Patio/Porch FeaturesPatio, Deck, Porch
Property Subtype2 Family
Property TypeResidential Income
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount9499
Tax Year2023
Total Rooms16
UtilitiesNatural Gas Connected
Virtual TourClick here
Year Built1925

Exterior for 59 Rose Terrace

Building Area Total2440
Covered Spaces3
Exterior AmenitiesPatio, Deck, Blinds, Porch
Lot Dimensions0.00 x 0.00
Lot FeaturesNear Shopping, Near Train, Near Public Transit
Lot Size Acres0.0826
Lot Size Area0.0826
Number of Separate Electric Meters3
Number of Separate Gas Meters2
Number of Separate Water Meters2
Parking FeaturesGarage, See Remarks, 3-4 Car Parking
Water SourcePublic

Additional Details

Price History

Jonathan Lockette

Associate
Price $735,250
MLS#2604844R
List Date 09/23/2025
Property Type Multi-Family
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