Listing Details

59 Rose Ter,Newark City, NJ 07108-1618

  • March 12, 2026

Description

Beautifully renovated 2-family home ready to move right in, offering modern finishes, strong income potential, and great curb appeal with brand new siding and a new roof.The first-floor unit features 3 bedrooms and 1 full bathroom, a bright living room with a charming brick fireplace, and an updated kitchen with white cabinetry, granite countertops, stainless steel appliances, and stylish finishes.The second unit is a spacious duplex offering 5 bedrooms and 2 full bathrooms, along with a beautiful private porch perfect for relaxing or entertaining.Both units feature updated kitchens and bathrooms, large windows bringing in natural light, modern flooring throughout, and a brand new HVAC system for year-round comfort. Each unit also includes its own Ring doorbell system that connects directly to your phone, allowing you to monitor visitors and activity remotely.The property also offers a shared driveway with parking in the rear for up to 3 cars.Conveniently located close to schools, shopping, public transportation, parks, and major highways.A great opportunity for owner-occupants looking to offset their mortgage or investors seeking a turnkey income-producing property.

Details

Last Updated On: March 12th, 2026 at 7:29 pm
Property ID:PT-31462707-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 678,900 $
Bedrooms:8

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 31X116.1
Lot Identifier: 29
Lot Identifier: 29

Home Details

Open Parking: 3
Basement: Yes
Renovated: 2025
Basmnt/Desc: Yes - Unfinished
Acreage: 0.08
Total Baths: 3.00
Unit Style: Under/Over
Number of Units: 2
Rooms: 16
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: At Closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 7
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Den, Kitchen, Living Room
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 2
Unit 2 Rooms: 9
Unit 2 Beds: 5
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Room Description: Attic, Bedrooms, Den, Kitchen, Living Room, Porch
Garage Description: None
Block Identifier: 2624
County Number: 16
Town Number: 1614
Easement: Unknown
Parking/Driveway Description: 1 Car Width
Block Identifier: 2624
County Number: 16
Town Number: 1614
Possession: At Closing

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Cent Register Heat
Cool System: 2 Units, Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-02624-0000-00029-0000-
Tax Amount: $10,189.00
Tax Year: 2025
Tax Rate: 3.999%
Tax Rate Year: 2025
Land Assessment: $28,300.00
Building Assessment: $226,500.00
Total Assessment: $254,800.00
FHA Age Restricted: No

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