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$649,900

Est. payment - /mo

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8 Beds

4 Baths

3,200 SqFt

Active

53 Rose Ter Newark City, NJ 07108

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Greg Dwornikowski

gdwornikowski@gmail.com +1(215) 534-7347

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $203

MLS Listing ID 3988801

Style Triplex, Under/Over

Bedrooms 8

Full Baths 4

Year Built 1930

Annual Tax Amount $6,582

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

Excellent Investment Opportunity! This fully legal 3 unit property is ready for its next savvy investor to unlock its full cash flow potential. Each floor offers a separate apartment: the 1st and 2nd floors feature spacious 3-bed, 1 bath layouts, while the 3rd floor offers a 2 bed, 1 bath unit, perfectly positioned to be rented at current market rates. With low annual taxes of just $6,600 and additional basement space ideal for storage or extra income opportunities, this property is built for strong returns. On street parking keeps maintenance low, making it a hassle free option for landlords or owner occupants alike. Schedule your showing today and make this a valuable addition to your investment portfolio!

Location

State NJ

County Essex

Rooms

Basement Finished-Partially

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Vinyl Siding

Parking Features On-Street Parking

Utilities Available All Underground, Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Triplex, Under/Over

Others

Senior Community No

Virtual Tour https://my.matterport.com/show/?title=0&mls=2&brand=0&m=4UGgYihwRsw&brand=0

Listed by REDFIN CORPORATION

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

North Star Academy Charter Schools of Newark

Public | KG - 12
8

Robert Treat Academy Charter School

Public | KG - 8
7

Pride Academy Charter School

Public | 5 - 8
6

Mt. Vernon Place Elementary School

Public | PK - 8
6

Lincoln Avenue Elementary School

Public | PK - 7
6

George Washington School

Public | 5 - 5
6

J. Garfield Jackson Sr. Academy

Public | KG - 5
6

First Avenue Elementary School

Public | PK - 8
6

Branch Brook Elementary School

Public | PK - 4
6

The Gray Charter School

Public | KG - 8
6

Oliver Street Elementary School

Public | PK - 8
6

Lafayette Street Elementary School

Public | PK - 8
5

Heywood Avenue Elementary School

Public | PK - 7
5

Newark Legacy Charter School

Public | KG - 4
5

Langston Hughes Elementary School

Public | PK - 5
5

Ecole Toussaint Louverture

Public | PK - 5
5

Dr. Albert Einstein Academy School No. 29

Public | PK - 8
5

Roseville Community Charter School

Public | KG - 3
5

New Horizons Community Charter School

Public | KG - 5
5

Phillip's Academy Charter School

Public | KG - 8

Middle Schools 20

9

Science Park High School

Public | 7 - 12
7

Great Oaks Charter School

Public | 6 - 9
5

Cicely L. Tyson Community Middle/High School

Public | 6 - 12
5

Arts High School

Public | 7 - 12
4

Krumbiegel Middle School

Public | 6 - 8
4

University High School

Public | 7 - 12
4

American History High School

Public | 6 - 12
3

Union Avenue Middle School

Public | 6 - 8
3

Orange Preparatory Academy

Public | 8 - 9
3

Universiy Middle School

Public | 6 - 8
3

John L. Costley Middle School

Public | 6 - 8
3

Sojourner Truth Middle School

Public | 6 - 8
2

Merit Preparatory Charter School of Newark

Public | 6 - 7
1

Patrick F. Healy Middle School

Public | 6 - 8
1

Eagle Academy

Public | 6 - 7
1

Newark Early College High School

Public | 6 - 10
0

Bruriah High School for Girls

Private | 7 - 12
0

Fast Track Success Academy

Public | 6 - 12
0

Elyon Learning Center Academy

Private | 8 - 12
0

Link Community School

Private | 7 - 8

High Schools 20

10

Technology High School

Public | 9 - 12
8

Bard Early College High School

Public | 9 - 12
6

North 13th St Tech

Public | 9 - 12
5

Newark Tech

Public | 9 - 12
4

Orange High School

Public | 9 - 12
3

Hillside High School

Public | 9 - 12
3

People's Preparatory Charter School

Public | 9 - 11
2

Newark Vocational High School

Public | 9 - 12
1

Irvington High School

Public | 9 - 12
1

Weequahic High School

Public | 9 - 12
1

West Side High School

Public | 9 - 12
1

Central High School

Public | 9 - 12
1

Malcom X Shabazz High School

Public | 9 - 12
1

Barringer High School

Public | 9 - 12
1

Paulo Freire Charter School

Public | 9 - 10
1

Newark Preparatory Charter School

Public | 9 - 10
1

East Side High School

Public | 9 - 12
0

Benedictine Academy

Private | 9 - 12
0

Newark Bridges High School

Public | 9 - 12
0

Newark Innovation Academy

Public | 9 - 12

School and business data provided by Attom Data.

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Greg Dwornikowski

Agent | License ID: RS328262

+1(215) 534-7347

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53 Rose Ter Newark City, NJ 07108

Greg Dwornikowski

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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