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Multifamily Property
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Pending

1-7 Rose Terrace, Newark, NJ 07108

Multifamily property with access to Routes 28, 280, and 22.

Property SizeContact for details
Days on Market148

Property Features for 1-7 Rose Terrace

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Sitar Realty Company Iselin
Listed By: Joseph Allegro · License #NJ 1110326
Source: Crexi
Added: Apr 10 Changed: Sep 1 Last Checked: Aug 31 at 11:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sitar Realty Company Iselin

Investment Insights

Based on property information with market context.

This multifamily property is identified as 1-7 Rose Terrace in Newark, NJ 07108. The property is reached from Springfield Avenue via South 10th Street and Rose Terrace.

The location provides access to Routes 28, 280, and 22, along with additional regional routes.

Key Highlights

  • Address: 1‑7 Rose Terrace, Newark, NJ 07108
  • Access to Routes 28, 280, and 22
  • Approach from Springfield Avenue via South 10th Street and Rose Terrace

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Veterinary Clinic Nursing Home Pet Grooming Service Tanning Salon Buffet Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,481
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property with access to Routes 28, 280, and 22.
Where is this multifamily property located?
The property is located at 1-7 Rose Terrace Newark, NJ.
What are key features of this property?
This property features: Address: 1‑7 Rose Terrace, Newark, NJ 07108; Access to Routes 28, 280, and 22; Approach from Springfield Avenue via South 10th Street and Rose Terrace
More about this property
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