279 Osborne Ter, Newark City, NJ 07112
Local realty services provided by:ERA Reed Realty, Inc.



279 Osborne Ter,Newark City, NJ 07112
$799,000
- - Beds
- 3 Baths
- 2,285 sq. ft.
- Multi-family
- Active
Listed by:valerie d amico
Office:real
MLS#:3949502
Source:NJ_GSMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$349.67
About this home
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.
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Home facts
- Year built:1921
- Listing Id #:3949502
- Added:160 day(s) ago
- Updated:August 13, 2025 at 02:15 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,285 sq. ft.
Heating and cooling
- Heating:3 Units, Forced Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1921
- Building area:2,285 sq. ft.
- Lot area:0.1 Acres
Schools
- High school:WEEQUAHIC
- Elementary school:G CARVER
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$349.67
- Tax amount:$6,160 (2024)
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