Listing Agency: Modern Realty Group

Listed By: David Ciliento Show Phone

Source: Capmarkrealty

Added: Aug 28 Changed: Sep 1 Last Checked: Sep 2 at 1:56PM

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Investment Insights

Based on property information with market context.

This duplex contains two separate residences, with each unit configured with two bedrooms and one bathroom. The property also provides off-street parking and a garage, adding practical functionality for occupants. The home requires some TLC, allowing the next owner to address its condition and tailor improvements to the property’s needs.

Located on Rose Terrace in Newark, the duplex is described as being near schools, shopping, and public transit. Its two-unit layout, parking, and garage support continued residential use and rental-income potential.

Key Highlights

• Two‑unit duplex with two bedrooms and one bathroom in each residence
• Off‑street parking included
• Garage on the property

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Electrical Service Parking Lot & Garage

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

2

Residential units

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Each residence offers two bedrooms, one bathroom, off-street parking, and access to a garage.

Where is this duplex located?

The property is located at 46 Rose Terrace Newark, NJ.

What are key features of this property?

This property features: Two‑unit duplex with two bedrooms and one bathroom in each residence; Off‑street parking included; Garage on the property