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53 Rose Ter Newark, NJ 07108

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For Sale
$649,900

Three-unit property in Newark, ideal for investors or owner-occupants.

Lot size:
0.08 Acres

Property Features for 53 Rose Ter

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.08 Acres

Building Details

Year built
1930

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Listing Contact
Bruno Nunes
Source: Elliman

Listing Agent: Bruno Nunes

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Newark Triplex Investment Opportunity

This three-unit property presents an investment opportunity. The building contains three separate apartments. The first and second floors each feature a three-bedroom, one-bathroom layout. The third floor contains a two-bedroom, one-bathroom unit. The property includes additional basement space suitable for storage or income opportunities. On-street parking is available. The annual taxes are $6,600.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.2017489
Latitude
40.7267802

FAQs

What type of property is this?
Triplex - Three-unit property in Newark, ideal for investors or owner-occupants.
Where is this triplex located?
The property is located at 53 Rose Ter Newark, NJ.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: - Fully legal 3-unit property, ideal for investment.; - Strong cash flow potential with units rentable at current market rates.; - Low annual taxes ($6,600) enhance profitability.
More about this property
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