59 Rose Ter

Newark City, NJ 07108


 

Price: $735,250

GSMLS:  3988553
Type: Multi-Family
Style: Under/Over
Total Units: 2
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 1925
Acres: 0.08
Property Tax: $9,690
Description
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.
General Info
Style:
Under/Over
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Full, Unfinished
Interior:
Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
31X116.1
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
See Remarks
Parking:
1 Car Width, Blacktop, Common
Spaces Available:
3
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Den, Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
2
Total Rooms:
9
Room Description:
Attic, Bedrooms, Den, Kitchen, Living Room, Porch
Levels:
2
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Cent Register Heat
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$735,250
Tax Amount:
$9,690
Land Assessment:
$28,300
Build. Assessment:
$226,500
Total Assessment:
$254,800
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3988553
List Date:
09-22-2025
Days On Market:
0
Listing Broker:
KELLER WILLIAMS ELITE REALTORS
Listing Agent:
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox