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$678,900 Just Listed
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Property Description
Beautifully renovated 2-family home ready to move right in, offering modern finishes, strong income potential, and great curb appeal with brand new siding and a new roof.The first-floor unit features 3 bedrooms and 1 full bathroom, a bright living room with a charming brick fireplace, and an updated kitchen with white cabinetry, granite countertops, stainless steel appliances, and stylish finishes.The second unit is a spacious duplex offering 5 bedrooms and 2 full bathrooms, along with a beautiful private porch perfect for relaxing or entertaining.Both units feature updated kitchens and bathrooms, large windows bringing in natural light, modern flooring throughout, and a brand new HVAC system for year-round comfort. Each unit also includes its own Ring doorbell system that connects directly to your phone, allowing you to monitor visitors and activity remotely.The property also offers a shared driveway with parking in the rear for up to 3 cars.Conveniently located close to schools, shopping, public transportation, parks, and major highways.A 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 59 Rose Terrace
General
- Price: $678,900
- Taxes: $10,189 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4014172
- Updated: 3/12/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Rose Street to Rose Terrace
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Cent Register Heat
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Under/Over
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Den, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Attic, Bedrooms, Den, Kitchen, Living Room, Porch
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 31 x 116.1
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $226,500
- Land Assmt: $28,300
- Tax Amount: $10,189
- Tax Year: 2025
Disclosures and Reports
- Block: 2624
- Lot Number: 29
Listed by New and Modern Group
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Schools
Schools serving 59 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 | 0.5 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 59 Rose Terrace
Date
Details
Price
Change
Source
3/12/2026
Listed
$678,900
—
MLS
Disclaimer: Historical sales 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 59 Rose Terrace
59 Rose Ter, Newark, NJ 07108 (MLS# 4014172) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 59 Rose Ter is currently listed for $678,900 and was received on March 12, 2026. Want to learn more about 59 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.

