About 59 Rose Terrace
An exceptional opportunity you don't want to miss!. Beautifully Renovated 2-Family Home with Rental Income Potential!This is a rare opportunity 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 (stove, microwave/dishwasher, and side-by-side refrigerator). Ceramic tile and luxury 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.
Features of 59 Rose Terrace
| MLS® # | 2604844R |
|---|---|
| Price | $735,250 |
| Square Footage | 2,440 |
| Acres | 0.08 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Active |
Community Information
| Address | 59 Rose Terrace |
|---|---|
| City | Newark |
| County | Essex |
| State | NJ |
| Zip Code | 07108 |
Amenities
| Utilities | Natural Gas Connected |
|---|---|
| Parking | Garage, See Remarks, 3-4 Car Parking |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior 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) |
|---|---|
| Appliances | Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator) |
| Cooling | Ceiling Fan(s),See Remarks |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Partially Finished, Full, Exterior Entry, Storage Space, Utility Room, Workshop |
Exterior
| Exterior Features | Patio, Deck, Blinds, Porch |
|---|---|
| Lot Description | Near Shopping, Near Train, Near Public Transit |
| Roof | Asphalt |
Additional Information
| Days on Market | 23 |
|---|
Listing Details
| Office | KELLER WILLIAMS ELITE REALTORS |
|---|