59 Rose Terrace Newark, NJ 07108
West Side NeighborhoodEstimated payment $4,772/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,690
Lot Details
- 3,598 Sq Ft Lot
- Lot Dimensions are 36x100
Home Design
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Legal Lot and Block 29 / 2624
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,499 | $254,800 | $28,300 | $226,500 |
| 2024 | $9,499 | $254,800 | $28,300 | $226,500 |
| 2022 | $2,283 | $61,100 | $28,300 | $32,800 |
| 2021 | $2,281 | $61,100 | $28,300 | $32,800 |
| 2020 | $2,322 | $61,100 | $28,300 | $32,800 |
| 2019 | $2,298 | $61,100 | $28,300 | $32,800 |
| 2018 | $2,256 | $61,100 | $28,300 | $32,800 |
| 2017 | $2,022 | $61,100 | $28,300 | $32,800 |
| 2016 | $2,022 | $61,100 | $28,300 | $32,800 |
| 2015 | $2,022 | $61,100 | $28,300 | $32,800 |
| 2014 | $1,895 | $61,100 | $28,300 | $32,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $743,995 | -2.0% | -- |
| 06/06/2025 06/06/25 | For Sale | $759,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Old Republic National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,000 | No Value Available |
Source: New Jersey MLS
MLS Number: 25019530
APN: 14-02624-0000-00029
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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