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$675,000
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Property Description
Beautifully Partially Renovated 2 Family home ready to move right in, offering modern finishes w/strong income potential. First Unit is spacious offering 3 bedrooms, large windows to bring in natural light, modern flooring brand new HVAC system for year round comfort. Each unit offers driveway with parking in the rear for up to 3 cars. Conveniently located close to schools, shopping, public Transportation, parks and major highways. Great opportunity for owner- occupants looking to offset their mortgage or investors seeking a turnkey income producing property.
Full Property Details
Full Property Details for 47 Rose Terrace
General
- Price: $675,000
- Taxes: $5,914 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4046138
- Updated: 8/11/2026
- Added to Site: 43 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Detached Garage
Location
- County: Essex
- Subdivision: City/Newark
- Driving Directions: See Map
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2Units, BsbdElec, Humidifr
- Heating Fuel: Natural Gas
- Water Heater: From Furnace, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas, Cable TV Available, Fiber Optic Available, Garbage Included
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick, Stone, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1930
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Pantry, Master Bedroom
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Master Bedroom
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 31 x 111.7
- Driveway/Sidewalk: Blacktop, Driveway-Exclusive
Financial Considerations
- Expenses: Hot & Cold Water, Insurance, Maintenance, Taxes
- Operating Expenses: $2,000
- Assessment Amount: $119,800
- Land Assmt: $28,100
- Tax Amount: $5,914
- Tax Year: 2025
Disclosures and Reports
- Exclusions: As Per Listing Agreement
- Disclosures: Yes
- Block: 2624
- Lot Number: 22
Listed by C-21 John Anthony
Get Pre-Approved Today
Schools
Schools serving 47 Rose Terrace
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Avon Avenue School 219 Avon Avenue, Newark, NJ 07108 | 7-8 | 0.1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.4 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.7 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.5 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.7 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.7 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 47 Rose Terrace
Date
Details
Price
Change
Source
7/10/2026
Listed
$675,000
178.93%
MLS
12/05/2024
Sold
$242,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 47 Rose Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,915
7%
$147,900
—
2023
$5,514
—
$147,900
—
2022
$5,526
—
$147,900
—
2021
$5,523
33%
$147,900
—
2021
$4,163
-24%
$147,900
—
2018
$5,462
4%
$147,900
—
2017
$5,265
3%
$147,900
—
2016
$5,088
4%
$147,900
—
2015
$4,894
-12%
$147,900
—
2019
$5,563
21%
$147,900
—
2014
$4,586
—
$147,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 47 Rose Terrace
47 Rose Ter, Newark, NJ 07108 (MLS# 4046138) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 47 Rose Ter is currently listed for $675,000 and was received on July 10, 2026. Want to learn more about 47 Rose Ter? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

