59 Rose Terrace Newark, NJ $ 699,000
59 Rose Terrace
$ 699,000
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59 Rose Terrace

Newark, NJ, 07108
$ 699,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 4,361

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Multi-Family Home for sale in Newark, NJ

for $699,000 with 8 bedrooms and 3 full baths.

An exceptional opportunity you don't want to miss!. Beautifully Renovated 2-Family Home with Rental Income Potential! This is a rare chance 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. 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. Added features incl. Central HVAC , 1 y Home Warranty and Doorbell Cameras for each unit.

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Multi-Family Active

Price

$ 699,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,690

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

25034229

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
MaintenanceExpense 0.0
Total Rooms 16
Full Baths 3
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 9690.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features Hook Ups
Total Bedrooms 8
Total Baths 3
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* Excluded Features

Affordability Calculator

$5,168
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,361
Monthly Property Taxes
$808
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$699,000 -4.93% Price Down
9/24/2025$735,250 Listed Price

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59 Rose Terrace, Newark, NJ, 07108 is a Multi-Family Home for sale at $699,000. 59 Rose Terrace has 8 bedrooms and 3.0 baths. The property's zip code is 07108 which is in Newark, NJ