59 Rose Terrace
Newark City, NJ 07108
Price: $759,000
GSMLS: 3967857Type: Multi-Family
Style: Under/Over
Total Units: 2
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 1925
Acres: 0.08
Property Tax: $9,690
Description
The 2 Family Home Features A Total Of 8 Bedrooms And 3 Bathrooms. The First Floor Comprises 3 Spacious Bedrooms And 1 Bathroom. The Second Floor Is A Duplex Unit Spanning Two Floors, Offering 5 Bedrooms, 2 Full Bath, And Your Private Deck Balcony Area, Equipped With Outdoor Ceiling Fan, As An Added Bonus!. Both Unit 1 And Unit 2 Boast All-new Updated Kitchens Complete With Shaker Cabinets, Granite Countertops, And Stainless Steel Appliances, Including A Stove, Dishwasher/microwave, And Side-by-side Refrigerator. The Entire Home Features Ceramic Tile And Luxury Vinyl Flooring. Each Unit Includes A Fireplace As A Centerpiece In The Living Room, Along With An Open Floor Layout That Seamlessly Connects To The Kitchen And An Alcove Area. Enjoy The Abundance Of Natural Sunlight Throughout The Home, As Well As The Alcove, Perfect For A Home Office Or A Quiet Reading Nook. This Property Presents A Rare Opportunity For Rental Income And Investment, Especially With Both Units Currently Vacant. Also Offers A Common Driveway Leading To Parking At The Rear Of The Home. Benefit From Low Taxes And The Convenience Of Separate Utilities For Each Unit.close Proximity To Schools And Transportation. Just Minutes Away From Downtown Newark Penn Station, (gsp), And I78, Great For Commuters. Awesome Opportunity For A Large Family Looking For A Move-in Ready Home Where They Can Unpack And Settle In Immediately.
General Info
Style:
Under/Over
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Full, Unfinished
Interior:
Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
31X116.1
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
See Remarks
Parking:
1 Car Width, Blacktop, Common
Spaces Available:
3
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Den, Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
2
Total Rooms:
9
Room Description:
Attic, Bedrooms, Den, Kitchen, Living Room, Porch
Levels:
2
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Self-Cleaning Oven, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Cent Register Heat
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$759,000
Tax Amount:
$9,690
Land Assessment:
$28,300
Build. Assessment:
$226,500
Total Assessment:
$254,800
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3967857
List Date:
06-06-2025
Days On Market:
1
Listing Broker:
KELLER WILLIAMS ELITE REALTORS
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: WillowWalkCondos.com
