Active

$1,050,000

51 Rose Ter, Newark City, NJ 07108

8beds

29,997sqft

$7,126/mo

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Multi Family

Built in 2026

-- sqft lot

$-- Zestimate^®

$35/sqft

$-- HOA

What's special

This is a brand new 3 family house almost completed! The house qualifies 5 year tax abatement for owner occupied. Close to elementary and high schools. Close to Route 78 and garden State Parkway. You must see it to appreciate it. Easy to show.

45 days

188

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6
Full bathrooms: 6

Heating

Cent Register Heat, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Exhaust Fan, Microwave, Range/Oven - Gas, Kitchen Exhaust Fan, Microwave Oven
Laundry: Laundry Room

Features

Bedrooms, Kitchen, Living/Dining Room, Pantry, Master Bedroom, Dining Room, Living Room
Basement: None
Has fireplace: No

Interior area

Total structure area: 29,997
Total interior livable area: 29,997 sqft

Property

Parking

Total spaces: 3
Parking features: See Remarks, Built-In Garage, Garage Door Opener
Attached garage spaces: 3

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 3,484 Square Feet
Dimensions: 31 x 112.7

Details

Parcel number: 1614026240000000250000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Vinyl Siding
Roof: Asphalt Shingle

Condition

Under Construction
New construction: Yes
Year built: 2026

Utilities & green energy

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

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector

Location

Region: Newark

Financial & listing details

Price per square foot: $35/sqft
Tax assessed value: $28,100
Annual tax amount: $1,123
Date on market: 7/8/2026
Total actual rent: 29997
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

$2,853/mo

Price history

Date	Event	Price
7/8/2026	Listed for sale	$1,050,000+500%$35/sqft
Source: GSMLS #4039132 Report a problem
1/12/2024	Sold	$175,000-12.5%$6/sqft
Source: GSMLS #3861036 Report a problem
11/29/2023	Pending sale	$199,999$7/sqft
Source: GSMLS #3861036 Report a problem
8/23/2023	Listed for sale	$199,999-50.6%$7/sqft
Source: GSMLS #3861036 Report a problem
4/7/2005	Sold	$405,000+55.8%$14/sqft
Source: Public Record Report a problem
11/4/2003	Sold	$259,900$9/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,124 +5.2%	$28,100
2024	$1,069 +0.1%	$28,100
2023	$1,068	$28,100
2022	$1,068	$28,100
2021	$1,068 +1%	$28,100
2020	$1,057 +37.4%	$28,100
2019	$769	$28,100
2018	$769 -20.5%	$28,100
2017	$967 +4%	$28,100
2016	$930 +6.7%	$28,100
2015	$871	$28,100