Property Description
Large legal 3 family w/ 8 bedrooms 3 baths off Springfield or Bergen Ave. Vacant 2nd & 3rd floor units have 3 bedrooms with the possibility of adding a fourth bedroom or an ensuite bathroom with a rear balcony in each unit. Spacious apartments with lots of natural light and an eat in kitchen. Gross rental estimated $2000- $2500 for (3 bedrooms) units 2 & 3 and unit 1 ( 2 bedrooms) can be rented for $1500-1800 pcm total combined rental $5500-6800+ pcm additional rental. An additional $1400-1800 can be generated once the basement has been renovated with the appropriate permits. The home has 3 separate gas furnaces and electrical panels for each unit. Parking is available for 3+ cars but the vacant lot to the rear does not belong to the property. No access to the first floor unit until an offer has been accepted please do not communicate or disturb occupiers or your offer will be automatically rejected. Close to all modes of public transportation and minutes away from Downtown Newark, Hospital, Rutgers University, I-280 and Garden State Pkwy an easy commute to New York. Please submit your best offer at your first opportunity to avoid any disappointment.
Features
: Baseboard - Hotwater, 3 Units, No Heat
: Window A/c(s)
: Unfinished
: Asphalt Shingle
: Driveway-exclusive, Concrete
: Brick, Vinyl Siding
: Open Porch(es), Metal Fence
: On-street Parking, See Remarks
3
: See Remarks
: Public Water
Address Map
Rose Ter
115
0
W75° 47' 42.8''
N40° 43' 38.4''
Springfield s10th or Bergen St Rose Ter
MLS Addon
RE/MAX FIRST REALTY II
292273
: Level Lot
5205
R3
$0
$0

Multi-Family For Sale

115 Rose Ter, Newark City, 07108

8 Bedrooms
3 Bathrooms
0.07 Acre
$499,500
Listing ID #45846
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 45846
Ref ID : 3825374
Price : $499,500
Bedrooms : 8
Bathrooms : 3
Year Built : 1930
Lot Area : 0.07 Acre
Country : US
County : Essex
City : Newark City
Zipcode : 07108
Days On Market : 45
Status : Active
Lot Size : 31X100
Taxes : $7,633
Tax Year : 2022
Active Days on Market : 0
Agent info
Century 21 Gemini LLC
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