$9,138 Closing Credit¹
#3910983, Listing Office: CORNERSTONE REALTY ASSOCIATES
$799,000 List price
279 Osborne Ter Newark, NJ 07112
$9,488
Closing credit¹
10 beds
Multi-Family
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
Home typeMulti Family
StatusActive
MLS #25007124
Garage2 spaces
Summary
- MLS Number: 25007124
- Office Name: Real
- Office Phone: (855) 450-0442
- Listing Agent: Valerie DAmico
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
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.
How much money do the neighbors make?
33%
<35k
36%
35k-100k
28%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
27%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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.
From Rocket Homes Real Estate and based on county public records data.