NJ > Newark City
Newark City, NJ 07112,279 Osborne Ter
Newark City, NJ 07112,279 Osborne Ter
Newark City, NJ 07112,279 Osborne Ter
Newark City, NJ 07112,279 Osborne Ter
Newark City, NJ 07112,279 Osborne Ter
Newark City, NJ 07112,279 Osborne Ter
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Steven Betancurth

Steven Betancurth

+1(201) 834-7475
$ 749,999
Est. payment | /mo

10 Beds

3 Baths

2,285 SqFt

Save
$ 749,999
Est. payment | /mo
Save

10 Beds

3 Baths

2,285 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,285 sqft

Price per Sqft $328

MLS Listing ID 3928825

Style 3-Three Story

Bedrooms 10

Full Baths 3

Year Built 1921

Annual Tax Amount $6,039

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

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.

Location

State NJ

County Essex

Rooms

Basement Bilco-Style Door, Full

Interior

Interior Features Carbon Monoxide Detector, Security System, Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Garage Detached Garage

Garage Spaces 2.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Parking Type 1 Car Width

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by NEW AND MODERN GROUP
Steven Betancurth

Team Leader | License ID: 1539846

+1(201) 834-7475 | steven@bregroupnj.com

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279 Osborne Ter