CCertihomes
47 Rose Terrace, Newark, NJ 07108

$675,000

0 beds 3 baths 2,542 sqft Built 19303 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$6,099/mo

Real estate (PITI + HOA + PMI)
$5,802
Principal + interest$4,348
Property tax + insurance$1,201
PMI / 2nd mortgage$253
Utilities
$555
Heating + cooling$116
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$169
Car insurance + maintenance$169
Other (entertainment)
$157
$6,099/mo TLC
Budget$6,599/mo
Remaining after TLC$500/mo
Purchase price
$675,000
Down payment
$33,750 (5%)
Loan amount
$641,250
APR
7.19%

Quick facts

Type
2 Family
Style
Year built
1930
Lot size
0.0795 ac
Stories
2
Heating
Baseboard, Central, Forced Air
Cooling
A/C Central - All, Unit 1(A/C Central)
Water
Public
HOA
Annual tax
$5,915
MLS #
2700423R
County
Essex

At a glance

Basement
Garage (3)

Home features

Appliances
Water Heater(From FurnaceGas)Water HeaterUnit 2(Range/OvenRefrigerator)
Interior
Unit 1(3 BedroomsKitchenLaundry HookupLiving Room2+ Baths)Unit 2(3 BedroomsLaundry Hookup1 Bath)
Exterior
BarbecueYardOutbuilding(s)
Parking
GarageAttachedDetached3-4 Car Parking
Accessibility
Unit 1 Accessibility FeaturesUnit 2 Accessibility Features
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Near Train, Interior Lot

Neighborhood — 07108

MetricThis ZIPCountyUSA
Population28,0468,832,837299,088,112
Population Change Since1990-11.00%14.00%20.00%
Population Density20,6981,137
Male12,4324,307,827147,432,321
Female15,6154,525,010151,655,844
Never Married10,2601,965,81163,775,926
Married4,1113,647,435123,120,365
Separated2,131391,23912,639,686
Widowed2,055515,17215,467,586
Divorced1,513529,39323,075,029
Number Of House Hold9,5293,167,345111,826,380
Average House Hold Size2.922.732.60
Medial Age28.4037.1535.46
Median House Hold Income$22,921$63,392$48,276
Average House Hold Income$34,059$83,312$63,629
P C I$11,910$30,662$24,529
M D I$21,231$52,505$41,133
A T H E$34,299$61,369$50,898
S T R7.00%7.00%
W C J78.82%81.02%77.74%
(Zip) Code
7108

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 7/10/2026. Provided courtesy of JOHN ANTHONY AGENCY C-21 via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

47 Rose Terrace · Newark — $675,000 · Certihomes