$699,000

59 Rose Terrace, Newark, NJ 07108

  • 8 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

An exceptional opportunity you don't want to miss!. Beautifully Renovated 2-Family Home with Rental Income Potential! This is a rare chance to own a turnkey 2-family property whether you're an investor seeking rental income or a family looking for a move-in ready home with space to grow. this home checks all the boxes. 8 Bedrooms 3 Bathrooms with Parking. This home offers the perfect blend of comfort, style, and investment potential. Designed for both multi-generational living and strong rental income opportunities, with both units currently VACANT. First Floor Unit: 3 generous bedrooms, 1 full bath, open-concept living room with fireplace, and a brand-new kitchen. Second Floor Duplex Unit: Expansive 5-bedroom, 2 full bath layout spanning two levels, complete with a private deck balcony featuring an outdoor ceiling fan ideal for relaxing or entertaining. Modern kitchens with shaker cabinets, granite countertops, and stainless steel appliances. Vinyl flooring throughout. Bright and airy open layouts with alcove areas perfect for a home office or reading nook. Fireplaces in both units add warmth and charm. Driveway with rear parking, Separate utilities for each unit. Low property taxes for added value. Close to schools, shops, and public transportation. Just minutes to Downtown Newark Penn Station, the Garden State Parkway, and I-78W making this the perfect home for commuters. Added features incl. Central HVAC , 1 y Home Warranty and Doorbell Cameras for each unit.

Listing Status:
Active
Date Added:
September 23, 2025 at 05:00AM
Listing Office:
Keller Williams Elite Realtors, LLC : 732-549-1998
Listing Agent:
Deborah A Kerr : 732-910-1682
MLS ID:
25034229
  • Rooms: 16
  • Laundry: Hook Ups
  • County: ESSEX
  • Utilities: Sep ElecSep GasSep HeatSep Water

This listing courtesy of Deborah A Kerr, Keller Williams Elite Realtors, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Avon Avenue Elementary School

219 Avon Ave, Newark, NJ, 07108

Grades KG-8

0.10 miles away

A

Avon Avenue Elementary School

219 Avon Ave, Newark, NJ, 07108

Grades KG-8

0.10 miles away

C

Central High School

250 18th Ave, Newark, NJ, 07108

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby