279 Osborne Terrace Newark, NJ $ 749,999
279 Osborne Terrace
$ 749,999
Recently Listed
Open House 12/21 4pm - 6pm
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279 Osborne Terrace

Newark, NJ, 07112
$ 749,999
Baths3.0

Monthly Estimate*

$ 4,492

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Studio

Multi-Family Home for sale in Newark, NJ

for $749,999 with 3 full baths.

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 les

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Open House

12/21/2024 4:00 PM - 6:00 PM
279 Osborne Terrace Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 749,999

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,039

Style

3 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

24050527

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 2.0
Architectural Style 3 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 16
Full Baths 3
Status Active - Active
City Newark
Disclosures Seller's Agent
Year Built Details 1900-1939
Tax Annual Amount 6039.0
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Baths 3
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* Excluded Features

Affordability Calculator

$4,995
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,492
Monthly Property Taxes
$503
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/21/2024$749,999 Listed Price

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279 Osborne Terrace, Newark, NJ, 07112 is a Multi-Family Home for sale at $749,999. 279 Osborne Terrace is a studio with 3.0 baths. The property's zip code is 07112 which is in Newark, NJ