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Three-Story Residential Income Property
For Sale
$659,248
Pending

120 Rose Terrace, Newark, NJ 07108

Built in 1929 with natural-gas baseboard heating and unfinished interior space.

Property SizeContact for details
Days on Market87

Property Features for 120 Rose Terrace

General Information

Standard status Pending
Property subtype Residential Income

Site & Location

Neighborhood Upper Clinton Hill

Taxes and HOA fees

Annual Taxes $5,930

Amenities

Baseboard, Natural Gas
Unfinished
3-Three Story

Building Details

Year Built 1929
Stories 3
Listing Agency: THE REAL ESTATE COMPANY
Listed By: NEVILLE PARMAR · License #398060
Source: Evrealestate
Added: Jul 31 Changed: Oct 13 Last Checked: Oct 24 at 6:36PM

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 THE REAL ESTATE COMPANY

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Investment Insights

Based on property information with market context.

This residential income property at 120 Rose Terrace is a three-story building constructed in 1929. Interior features include baseboard heating powered by natural gas, along with unfinished areas that may support future configuration or completion work.

The property is located in Newark City, Essex County, New Jersey. Access directions reference the Garden State Parkway, I-78 E, Elizabeth Avenue, and Rose Terrace.

Key Highlights

  • Three‑story residential income property
  • Constructed in 1929
  • Baseboard heating with natural gas

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,310
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Residential income property - Built in 1929 with natural-gas baseboard heating and unfinished interior space.
Where is this residential income property located?
The property is located at 120 Rose Terrace Newark, NJ.
What is the asking price?
The asking price for this property is $659,248.
What are key features of this property?
This property features: Three‑story residential income property; Constructed in 1929; Baseboard heating with natural gas
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