For sale

Price cut: $25K (10/6)

$650,000

47 Rose Ter, Newark, NJ 07108

6beds

3baths

2,542sqft

$4,721/mo

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Multi Family

Built in 1930

-- sqft lot

$659,200 Zestimate^®

$256/sqft

$-- HOA

What's special

Modern flooringShared driveway

Beautifully 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 shared 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.

90 days
251
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Baseboard, Central, Forced Air

Cooling

A/C Central - All, Unit 1(A/C Central)

Appliances

Included: Water Heater(From Furnace, See Remarks, Gas), Water Heater, Unit 2(Range/Oven, Refrigerator)

Features

Unit 1(3 Bedrooms, Kitchen, Laundry Hookup, Living Room, 2+ Baths), Unit 2(3 Bedrooms, Laundry Hookup, 1 Bath)
Basement: Full, Daylight, Storage Space, Utility Room, Laundry Facilities

Interior area

Total structure area: 2,542
Total interior livable area: 2,542 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Garage, Attached, Detached, 3-4 Car Parking
Attached garage spaces: 3

Accessibility

Accessibility features: Unit 1 Accessibility Features, Unit 2 Accessibility Features

Features

Stories: 2
Exterior features: Barbecue, Yard, Outbuilding(s)

Lot

Size: 3,463 Square Feet
Dimensions: 111.00 x 31.00
Features: Near Shopping, Near Train, Interior Lot

Details

Additional structures: Outbuilding
Parcel number: 1402624000000022

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1930

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $256/sqft
Tax assessed value: $147,900
Annual tax amount: $5,915
Date on market: 7/10/2026
Ownership: Fee Simple
Lease term: Unit 2(Month-Month)
Electric utility on property: Yes

Estimated market value

$659,200

$626,000 - $692,000

$2,392/mo

Price history

Date	Event	Price
10/6/2026	Price change	$650,000-3.7%$256/sqft
Source: All Jersey MLS #2700423R Report a problem
7/11/2026	Listed for sale	$675,000+178.9%$266/sqft
Source: All Jersey MLS #2700423R Report a problem
12/18/2024	Sold	$242,000$95/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,915 +5.2%	$147,900
2024	$5,625 +0.1%	$147,900
2023	$5,620	$147,900
2022	$5,620	$147,900
2021	$5,620 +1%	$147,900
2020	$5,563 +37.4%	$147,900
2019	$4,047	$147,900
2018	$4,047 -20.5%	$147,900
2017	$5,088 +4%	$147,900
2016	$4,894 +6.7%	$147,900
2015	$4,586 +5%	$147,900
2014	$4,367 -3.6%	$147,900
2013	$4,532 +3.7%	$147,900 +12.6%
2012	$4,370 +4.7%	$131,300
2011	$4,175 +16.1%	$131,300
2010	$3,596 +5.4%	$131,300
2009	$3,412 +4.4%	$131,300
2008	$3,269	$131,300
2007	$3,269	$131,300
2006	--	$131,300
2005	--	$131,300
2004	$2,586	$131,300
2003	--	$131,300 +910%
2002	--	$13,000
2001	--	$13,000