279 Osborne Terrace

Newark, NJ 07112

$749,999
Price
10
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 279 Osborne Terrace, a prime investment opportunity in the heart of Newark, NJ. This renovated 3-family home (2020) spans a 4500 sq. ft. lot, offering 10 bedrooms and 3 bathrooms across three units: one 4-bedroom and two 3-bedroom apartments. Ideal for both long-term leasing and short-term rentals, it complies with local regulations, offering flexibility for investors. Features include separate heating for tenant comfort, a spacious driveway with 4 parking spaces, a 2-car garage, a backyard,...Welcome to 279 Osborne Terrace, a prime investment opportunity in the heart of Newark, NJ. This renovated 3-family home (2020) spans a 4500 sq. ft. lot, offering 10 bedrooms and 3 bathrooms across three units: one 4-bedroom and two 3-bedroom apartments. Ideal for both long-term leasing and short-term rentals, it complies with local regulations, offering flexibility for investors. Features include separate heating for tenant comfort, a spacious driveway with 4 parking spaces, a 2-car garage, a backyard, and a full basement for storage or expansion. New siding adds to its appeal, and its location less than 3 miles from Newark Airport makes it attractive to commuters and travelers. Delivered vacant with no tenants or leases, this versatile property is ready for immediate occupancy. Seize this chance to make a smart financial move!
  1. Listed by Robert E. Axelson • Real • (855) 450-0442

Property Details for 279 Osborne Terrace

Waterfront
None
Garage
Detached

Open Houses

Friday, Dec 20th

3:00 PM - 5:00 PM

Public

Saturday, Dec 21st

11:00 AM - 1:00 PM

Public

LISTING UPDATED: 12/17/2024 06:55 PM

Property Details for 279 Osborne Terrace

StatusActive
MLS #24039240
Days on Market1
Taxes$6,039 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyEssex County

Building Information for 279 Osborne Terrace

Stories-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Property Information for 279 Osborne Terrace

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: Osborne
  • County Name: ESSEX
  • Status: ACTIVE
  • Street Number Numeric: 279
  • Zip Code: 07112
Taxes and HOA Information
  • Association: None
  • Additional subst: None
  • Ease assessment: None Known
  • Tax: $6,039
Owner
  • Ownership: Corporate
Property
Lot Information
  • Lot size: 2500.0
  • Lot: 00009
  • Lot description: Regular
  • Year Built: 1900-1939
  • Views exposure: None
  • Block: 03605
Property and Assessments
  • Photo: Y
  • Photo Number: 35
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Heatcool: Gas, Hot Air
  • Cooling Type: Gas, Hot Air
Interior and Exterior Features
Interior Features
  • Bedrooms: 10
  • Baths full: 3
  • Baths partial: 0
  • Floor 1St: Unit 1
  • Floor 2Nd: Unit 2
  • Floor 3Rd: Unit 3
  • Basement: Full
  • Basement Description: Full
  • Number of rooms: 16
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Primary Bdrm
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
  • Exterior: Vinyl
  • Miscellaneous: None
  • Pool: N
  • Pool Type: None
Agent
Sale and Listing Information
  • Item Not Included: Air conditioners, cameras, security
  • Search Class: RES
  • List Price: $749,999.00
  • Listing Date: 12-17-2024
  • Status Date: 12-17-2024
Showing Information
  • Internet Remarks: Welcome to 279 Osborne Terrace, a prime investment opportunity in the heart of Newark, NJ. This renovated 3-family home (2020) spans a 4500 sq. ft. lot, offering 10 bedrooms and 3 bathrooms across three units: one 4-bedroom and two 3-bedroom apartments. Ideal for both long-term leasing and short-term rentals, it complies with local regulations, offering flexibility for investors. Features include separate heating for tenant comfort, a spacious driveway with 4 parking spaces, a 2-car garage, a backyard, and a full basement for storage or expansion. New siding adds to its appeal, and its location less than 3 miles from Newark Airport makes it attractive to commuters and travelers. Delivered vacant with no tenants or leases, this versatile property is ready for immediate occupancy. Seize this chance to make a smart financial move!

Property History for 279 Osborne Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
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.

Similar Homes

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Similar Sold Homes

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279 Osborne Terrace is a single family home for sale in Newark, NJ 07112. This listing's school district is The Newark Public School District. Nearby schools include B.R.I.C.K. Peshine Academy, Hawthorne Avenue Elementary School and Belmont-Runyon Elementary School. 279 Osborne Terrace is a 10-bed, 3-bath, single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real, Robert E. Axelson

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/18/2024 01:16 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/18/2024 01:16 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.