53 Rose Ter, Newark City, NJ

$649,900

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8

Beds

4

Baths

0.08

Acres

About 53 Rose Ter

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!

Features of 53 Rose Ter

MLS® # 3988801
Price $649,900
Bedrooms 8
Bathrooms 4.00
Full Baths 4
Acres 0.08
Year Built 1930
Type Multi Family
Style Triplex,UndrOver
Status Active

Community Information

Address 53 Rose Ter
City Newark City
County Essex
State NJ
Zip Code 07108-3677

Amenities

Utilities All Underground, Electric, Gas-Natural
Parking On-Street Parking
Garages On-Street Parking

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector
Heating Gas-Natural
Has Basement Yes
Basement Finished-Partially

Exterior

Exterior Aluminum Siding, Vinyl Siding
Roof Asphalt Shingle

Additional Information

Date Listed September 24th, 2025
Days on Market 32

Listing Details

OfficeREDFIN CORPORATION
Contact Info609-216-7035

Listing Map

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