279 Osborne Terrace
$749,999
10
3
—
—
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Open: 12/20 03:00PM - 05:00PM
New
Description
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...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.
- Listed by VALERIE D AMICO • REAL
Property Details for 279 Osborne Terrace
Directions
Lyons Place to Osborne Terrace
Days On Market0
Open Houses
Friday, Dec 20th
3:00 PM - 5:00 PM
Saturday, Dec 21st
11:00 AM - 1:00 PM
LISTING UPDATED: 12/17/2024 06:31 PM
Property Details for 279 Osborne Terrace
Status | Active |
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MLS # | 3938383 |
Days on Market | 1 |
Taxes | $6,039 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 1921 |
Lot Size | 0.10 AC / 4,356 SF |
County | Essex County |
Building Information for 279 Osborne Terrace
Stories-Residences3Year Built1921Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 279 Osborne Terrace
Property History for 279 Osborne Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 279 Osborne Terrace
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
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Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
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B.R.I.C.K. Peshine Academy PublicPK to 8 | ||
Hawthorne Avenue Elementary School PublicPK to 8 | ||
Belmont-Runyon Elementary School PublicPK to 8 | ||
George Washington Carver Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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