349 Osborne Ter
Newark City, NJ 07112
Price: $929,000
GSMLS: 4014095Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 10
Baths: 5 Full
Garage: No
Year Built: 1922
Acres: 0.16
Property Tax: $15,200
Description
Turnkey 3-Family Investment in Newark's Coveted Weequahic Section!Discover 349 Osborne Terrace, a beautifully updated 3-family home offering nearly 6,000 sq. ft. of living space on an oversized 50×138 lotideal for investors or an owner-occupant seeking strong rental income. Fully renovated in 2019, each unit boasts sun-filled living areas, generously sized bedrooms, modern eat-in kitchens, and updated bathrooms, with upgraded flooring and well-maintained interiors throughout. Recent improvements include refreshed kitchens/baths and newer mechanicals, ensuring a move-in ready, hassle-free property.Strategically located just minutes from Beth Israel Hospital, Newark Penn Station, major highways, and the airport, this home offers both income potential and unbeatable convenience. Don't miss your chance to own a turnkey, high-producing 3-family in one of Newark's most desirable neighborhoods!Owner holds a Real Estate License
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
See Remarks
Exterior:
Aluminum Siding
Lot Size:
50X138 AVG.
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Concrete
Spaces Available:
5
Unit 1
Bedrooms:
4
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Storage
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$929,000
Tax Amount:
$15,200
Land Assessment:
$32,100
Build. Assessment:
$348,000
Total Assessment:
$380,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4014095
List Date:
03-12-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS VILLAGE SQUARE
Listing Agent:
Zohar Zamir
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
