53 Rose Ter , Newark City, Essex 07108-3677
- $649,000
- $649,000
Overview
- Residential Income
- 8
- 4
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!
Address
Open on Google Maps-
Address: 53 Rose Ter
-
City: Newark City
-
State/county: Essex
-
Zip/Postal Code: 07108-3677
Details
Updated on April 10, 2026 at 4:26 pm-
Property ID HZ4016546
-
Price $649,000
-
Land Area 0.08 Acres
-
Bedrooms 8
-
Rooms 13
-
Bathrooms 4
-
Garage Size x x
-
Year Built 1930
-
Property Type Residential Income
Additional details
-
Roof Asphalt Shingle
-
Utilities All Underground, Electric, Gas-Natural
-
Sewer Public Sewer
-
Cooling Window A/C(s)
-
Heating 3 Units, Baseboard - Hotwater
-
County Essex
-
Property Type Residential Income
-
Architectural Style Triplex, Under/Over
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees