279 Osborne Ter
Newark City, NJ 07112-2126
- 10 beds
- 3 baths
- – sqft
- 4,356 sqft lot
- 1921 build
- – on site
Welcome to 279 Osborne Terrace, a remarkable investment opportunity nestled in the heart of Newark, NJ. This 3-family home boasts 10 bedrooms and 3 bathrooms across its impressive 4500 square foot lot. Each of the three units, comprising a 4-bedroom and two 3-bedroom apartments, has been completely renovated in 2020, offering a fresh and modern living space. This property is perfectly poised for both long-term leasing and short-term rental opportunities, fully compliant with local short-term rental regulations. Whether you're looking to cater to long-stay tenants or capitalize on the lucrative short-term rental market, 279 Osborne Terrace is an investor's dream. Tenants will appreciate the autonomy of separate heating, ensuring personal comfort and expense control. The residence also features a spacious driveway with 4 parking spaces and a 2-car garage, a delightful backyard for leisure, and a full basement for additional storage or potential expansion. With its new siding and less than 3 miles proximity to Newark airport, this house is an attractive prospect for commuters and travelers alike. Seize the chance to own this versatile property; it's not just a home, it's a smart financial move. This home has no leases, no tenants, and will be delivered completely vacant.
Listing courtesy of GSMLS / VALERIE D AMICO / REAL
Last checked:
Checking…
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Last updated Dec 18, 2024
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MLS# 3938383 —
Upcoming Open Houses
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Friday, 12/20
3pm-5pm -
Saturday, 12/21
11am-1pm
The Building
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Construction Date/Year Built:Standing
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Construction Date/Year Built:1921
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Unit Style:3-Three Story, Triplex
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Roof Description:Asphalt Shingle
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Exterior Description:Vinyl Siding
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Basement:Yes
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Total # of Units:3
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Building SqFt:2,285 Sqft
Interior
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Total # of Rooms:16
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Interior Features:Carbon Monoxide Detector, Smoke Detector
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Basement Description:Bilco-Style Door, Full
Location
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Directions:Lyons Place to Osborne Terrace
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Latitude:40.71357
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Longitude:-74.20942
The Property
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Lot Identifier:9
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Approx Lot Size:45 Sqft
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Total Acres:0 Sqft
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Easements:No
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Assessment Land:30000
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (855) 450-0442
Taxes
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Tax ID For Property:1614-03605-0000-00009-0000-
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Tax Year:2023
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.728
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Tax Amount:$6,039
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:10
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Unit 1 Bedrooms:3
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Unit 3 Bedrooms:3
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Unit 2 Bedrooms:4
Baths
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Total # of Baths:3.00
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Total # of Full Baths:3
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
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Unit 3 Baths:1.0
The Listing
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Home Warranty:No
Heating & Cooling
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Heating:3 Units, Forced Hot Air
Utilities
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Utilities:Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer
The Community
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Assessment Total:162000
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Assessment Total Tax:*
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Assessment Bldg:132000
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Assess Amount Building Tax:*
Parking
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# of Garage Spaces:2
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Garage Description:Detached Garage
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# of Parking Spaces:4
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Parking/Driveway Description:1 Car Width
Extra Units
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Unit 1 SqFt:1200
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Unit 2 SqFt:1200
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Unit 3 SqFt:800
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 3 Levels:1
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Unit 1 Rooms:6
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Unit 2 Rooms:7
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Unit 3 Rooms:5
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 3 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Eat-In Kitchen, Living Room, Porch, Master Bedroom, Storage
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Unit 2 Room Description:Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, Utility Room
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Unit 3 Room Description:Bedrooms, Eat-In Kitchen, Master Bedroom, Storage
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Unit 1 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
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Unit 2 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
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Unit 3 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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12/17/24
Dec 17, 2024
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Listed / Active | GSMLS | $749,999 | |
10/11/24
Oct 11, 2024
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Listed / Active | GSMLS | ||
11/8/21
Nov 8, 2021
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Price Changed | GSMLS |