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120 Rose Terrace

120 Rose Terrace, Newark, NJ 07108
Property in West Side
2 Units For Sale
Unit for sale at 120 Rose Terrace, Newark, NJ 07108

$605,000

  • 8 Beds
  • 3 Baths
120 Rose Terrace, Newark, NJ 07108 Listing by Krysta L. Senek

Unit for sale at 120 Rose Ter, Newark City, NJ 07108

$605,000

  • 8 Beds
120 Rose Ter #3, Newark City, NJ 07108 Listing by Owusu Afriyie

120 Rose Terrace in Newark, NJ was first built in 1929 and is 95 years old. This has been categorized as a residential property type. There are a total of 3 floors. 120 Rose Terrace has 3,886 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 291 ft and the linear feet between the front and back of the lot is 501. In total, the area measurement of the land is 1,459 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Nov 28, 2023 for $615,000. That's $158.26 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2006 for $260,000. 120 Rose Terrace was last assessed in 2022. The total value of the property was assessed at $148,300. Specifically, the land the property is located on was valued at $18,800. While improvements on the property were assessed at a total of $129,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,540. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Parking

No Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,459
  • Lot Size Depth Feet: 501
  • Lot Size Frontage Feet: 291
  • Total Building Area: 3,886
  • Building Area: 3,886
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,886
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.034
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : EMELE CHIDINMA L
  • Previous Owner : INZERILLO JOSEPH A
  • Owner Before Previous Owner: FRAZIER ARTHUR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 003700

Geography

  • Assessors Map Reference: TAX MAP 83
  • District: 14
  • Parcel: 14 02629-0000-00066
  • Block: 2629
  • Lot: 66
  • Municipality: NEWARK CITY
  • Latitude: 40.7272
  • Longitude: -74.2049

    Address

  • Full Address: 120 Rose Ter
  • Address - House Number: 120
  • Address - Street Name: Rose
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Newark
  • Carrier Code: C026
  • 4-Digit Zip Code: 1620
  • Zip Code: 07108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,540

    Appraisal Valuation

  • Standard Deviation: 0.1063
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 89
  • Final Value: 620,933
  • High Value: 686,979
  • Low Value: 554,888

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $603,860
  • First Open Lien Mortgage Lender: UNITED MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 05, 2023
  • First Open Lien Mortgage Loan Amount: $603,860
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $148,300
  • Market Land Value: $18,800
  • Market Improvement Value: $129,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $148,300
  • Assessed Land Value: $18,800
  • Assessed Improvements Value: $129,500

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Transaction ID: 11918463625
  • Current Sale Price: $615,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 72699
  • Previous Sale Recording Date: Jun 01, 2007
  • Previous Sale Contract Date: May 24, 2006
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 05, 2023
  • First Mortgage Loan Amount: $603,860
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: SAXON MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 01, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $182,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About West Side



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$7,500 /mo

  • Studio
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Frequently Asked Questions

What neighborhood is 120 Rose Terrace located in?
The 120 Rose Terrace is a located in the neighborhood of West Side in West Side, Newark.
How many listings are currently for sale in 120 Rose Terrace?
There are two listings currently on the market for sale.
What is the average sales price for listings in 120 Rose Terrace?
The average sales price for units in 120 Rose Terrace is $605,000 currently.

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