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.
For sale
Price cut: $15K (8/2)
$743,995
59 Rose Ter, Newark, NJ 07108
8beds
3baths
2,440sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$741,400 Zestimate®
$305/sqft
$-- HOA
What's special
- 62 days
- on Zillow |
- 352 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 02:58pm
Listed by:
EIESHA DUNCAN,
KELLER WILLIAMS ELITE REALTORS 732-549-1998
Source: All Jersey MLS,MLS#: 2514903R

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Cooling
- Ceiling Fan(s), See Remarks
Appliances
- Included: Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 2(Kitchen, 5+ Bedrooms, Living Room, 2+ Baths, See Remarks, Den/Family Room)
- Windows: Blinds
- Basement: Partially Finished, Full, Exterior Entry, Storage Space, Utility Room, Workshop
Interior area
- Total structure area: 2,440
- Total interior livable area: 2,440 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage, See Remarks, 3-4 Car Parking
- Garage spaces: 3
Features
- Stories: 3
- Patio & porch: Patio, Deck, Porch
- Exterior features: Patio, Deck, Blinds, Porch
Lot
- Size: 3,598.06 Square Feet
- Dimensions: 116.00 x 35.00
- Features: Near Shopping, Near Train, Near Public Transit
Details
- Parcel number: 1402624000000029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1925
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $254,800
- Annual tax amount: $9,499
- Date on market: 6/6/2025
- Ownership: Fee Simple
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