#3910983, Listing Office: CORNERSTONE REALTY ASSOCIATES
279 Osborne Ter Newark, NJ 07112
Property details
About 279 Osborne Ter
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
Highlights
Summary
- MLS Number: 25007124
- Office Name: Real
- Office Phone: (855) 450-0442
- Listing Agent: Valerie DAmico
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Last updated on: 3/15/2025, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,000
279 Osborne Ter
$9,488
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Thurgood Marshall Elementary School
Public District PK-5
0.9 mi
•141 Montgomery Ave # 181
4
George Washington School
Public District 5-5
1.1 mi
•1530 Leslie St
3
Mt. Vernon Avenue Elementary School
Public District KG-5
1.3 mi
•54 Mount Vernon Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,020. The majority of Newark, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 279 Osborne Ter in Newark, NJ and zip code 07112 in the Weequahic neighborhood. Features: 10 bedrooms, 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $799,000.
The number of homes for sale in Newark, NJ increased by 18.4% between January and February 2025. Listings spent 100 days on the market in February 2025, and had a median list price of $495,000 during the same period.