5456 Osborne Ter
Newark City, NJ 07108
Price: $599,000
GSMLS: 4058632Type: Single Family
Style: Converted Structure
Beds: 9
Baths: 2 Full & 2 Half
Garage: 2-Car
Year Built: 1924
Acres: 0.17
Property Tax: $8,589
Description
Discover the investment potential of 54"56 Osborne Terrace, Newark, NJ 07108! This three-story property was originally a triplex and has since been converted into a single-family home, offering a unique opportunity for investors seeking rental income potential. Currently utilized as an individual room rental property, it presents the opportunity to generate income from multiple occupants. Conveniently situated in an established Newark neighborhood with access to major roadways, local amenities, and nearby destinations, this property is an attractive option for investors looking to expand their portfolio or explore opportunities in the room-rental market. Whether you're seeking to continue its current rental use or explore its future potential, this property offers an exciting opportunity for the savvy investor. Don't miss your chance to explore the possibilities this property has to offer!
Rooms Sizes
Kitchen:
n/a
Dining Room:
n/a
Living Room:
n/a
Family Room:
n/a
Den:
n/a
Bedroom 1:
n/a
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
n/a
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
See Remarks
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
4,946
Year Renovated:
n/a
Basement:
Yes - Unfinished
Full Baths:
2
Half Baths:
2
Appliances:
See Remarks
Flooring:
n/a
Fireplaces:
No
Fireplace:
n/a
Interior:
n/a
Exterior Features
Garage Space:
2-Car
Garage:
Detached Garage
Driveway:
See Remarks
Roof:
See Remarks
Exterior:
Aluminum Siding, Vinyl Siding
Swimming Pool:
No
Pool:
n/a
Utilities
Heating System:
See Remarks
Heating Source:
See Remarks
Cooling:
See Remarks
Water Heater:
n/a
Water:
See Remarks
Sewer:
See Remarks
Services:
n/a
Lot Features
Acres:
0.17
Lot Dimensions:
50X152.5 AVG..
Lot Features:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$599,000
Tax Amount:
$8,589
Land Assessment:
$22,500
Build. Assessment:
$192,300
Total Assessment:
$214,800
Tax Rate:
4.00
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4058632
List Date:
10-13-2026
Days On Market:
2
Listing Broker:
YOUR TOWN REALTY
Listing Agent:
Ronnie Glomb
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
