Brand-New Three-Family
For Sale
$1,050,000
51 Rose Ter, Newark, NJ 07108
Almost-completed three-unit home with qualifying 10-year warranty and 5-year owner-occupied tax abatement.
Property SizeContact for details
Days on Market53
Property Features for 51 Rose Ter
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,123
Building Details
Year Built
2026
Units
3
Listing Agency:
(973) 344-8880
Listed By:
GIANCARLO VARGAS
Source:
Elliman
Added: Jul 9
Changed: Aug 8
Last Checked: Aug 29 at 10:54AM
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 GIANCARLO VARGAS
Investment Insights
Based on property information with market context.
This brand-new three-family house is almost completed and designed as a true income property with three separate units. The property qualifies for a 10-year home warranty, along with a 5-year tax abatement for an owner-occupied situation.
The home is located near Route 78 and the Garden State Parkway, with Walk Score of 69 and Transit Score of 61 noted in the listing materials, supporting day-to-day accessibility for occupants.
The home is located near Route 78 and the Garden State Parkway, with Walk Score of 69 and Transit Score of 61 noted in the listing materials, supporting day-to-day accessibility for occupants.
Key Highlights
- Year built 2026—almost completed 3‑family home.
- Qualifies for a 10‑year home warranty.
- Qualifies for 5‑year tax abatement for owner‑occupied buyers.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,252
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Almost-completed three-unit home with qualifying 10-year warranty and 5-year owner-occupied tax abatement.
Where is this triplex located?
The property is located at 51 Rose Ter Newark, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Year built 2026—almost completed 3‑family home.; Qualifies for a 10‑year home warranty.; Qualifies for 5‑year tax abatement for owner‑occupied buyers.
