Properties

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!

Features

  • Heating System : Baseboard - Hotwater, 3 Units
  • Cooling System : Window A/c(s)
  • Basement : Finished-partially
  • Roof Deck : Asphalt Shingle
  • Parking Description: On-Street Parking
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Tax Assessed Valuation: 173100
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground, Electric, Gas-Natural

Additional Info

  • Office Name: REDFIN CORPORATION
  • Office MLS ID: 405001
  • Agent ID: 277559
  • Tax: 6582
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$649,900

53 Rose Ter, Newark City, *

  • SQFT 31 Acre
  • Bedroom 8
  • Built Year 1930

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5386489
  • Price: $649,900
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1930
  • Year Built Description: Approximate, Renovated
  • Lot Area: 31 Acre
  • Status: Active
  • Days On Market: 2

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Rose Ter
  • Street Number: 53
  • Street Direction: Between Chadwick Ave and Treacy Ave
  • Floor Number: 0
  • Longitude: W75° 47' 53.6''
  • Latitude: N40° 43' 36''
  • Internet Display Address: No
Property