NJ > Newark City
Newark City, NJ 07108,53 Rose Ter
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Newark City, NJ 07108,53 Rose Ter,Video Tour
Newark City, NJ 07108,53 Rose Ter
Newark City, NJ 07108,53 Rose Ter
Newark City, NJ 07108,53 Rose Ter
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Angelo Mitlo

Angelo Mitlo

Empire Real Estate Associates

+1(848) 200-8388
$ 649,900
Est. payment /mo
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Open Sat 1PM-3PM

53 Rose Ter Newark City, NJ 07108

8 Beds

3 Baths

3,200 SqFt

Open House

Sat Sep 27, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $203

MLS Listing ID 3988801

Style Triplex, Under/Over

Bedrooms 8

Full Baths 3

Year Built 1930

Annual Tax Amount $6,582

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

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!

Location

State NJ

County Essex

Rooms

Basement Finished-Partially

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Vinyl Siding

Parking Features On-Street Parking

Utilities Available All Underground, Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Triplex, Under/Over

Others

Senior Community No

Virtual Tour https://my.matterport.com/show/?title=0&mls=2&brand=0&m=4UGgYihwRsw&brand=0

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REDFIN CORPORATION
Angelo Mitlo

Angelo Mitlo

Broker Associate | License ID: 0894102

+1(848) 200-8388

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53 Rose Ter