349 Osborne Ter Newark, NJ $ 999,000
349 Osborne Ter
$ 999,000
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349 Osborne Ter

Newark, NJ, 07112
$ 999,000
Bedrooms10 Baths5.0

Monthly Estimate*

$ 6,232

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Multi-Family Home for sale in Newark, NJ

for $999,000 with 10 bedrooms and 5 full baths. This home was built in 1922 on a lot size of 0.16.

Welcome to this impressive 3-family home located in the desirable Weequahic section of Newark, just off Lyons Avenue minutes from Beth Israel Hospital and the Newark Public Library. This property offers exceptional space, modern updates, and great investment potential!The home features:Two spacious 4-bedroom, 2-bath unitsOne 2-bedroom, 1-bath unitFull unfinished basement with high ceilings offering great potential for additional living or recreational spaceEach unit has been tastefully updated, including:Modern bathroomsLiving and dining areas with tile and laminate flooringFully equipped kitchens with granite countertops and stainless steel appliancesThe property also includes a large parking lot that can accommodate 5"8 cars, providing a rare convenience for multi-family living.Tenants are currently on month-to-month leases, giving new owners flexibility for occupancy or rent adjustments.Situated within walking distance to stores, public transportation, and major highways, this property offers easy access to Newark Penn Station, downtown Newark, and New York City, making commuting a breeze.Perfect for investors or first-time buyers looking for a strong income-producing property with low out-of-pocket costs 349 Osborne Terrace is a must-see opportunity in one of Newark's most historic and convenient neighborhoods!

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Multi-Family Active

Price

$ 999,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 14,455

Style

3-Three Story

Lot Size

0.16

Year Built

1922

Town/City

Newark

County/Region

Essex

MLS | Web ID

3996557

Features
General
Sewer Public Sewer
Heating 3 Units Forced Hot Air
Cooling 3 Units Central Air
Utilities Gas-Natural
Possession AT CLOSING
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1922
Township Newark City
Tax Year 2024
Gross Income 9999999
County Essex
Net Operating Income 9999999
Operating Expense 9999999
Total Rooms 16
Full Baths 5
Status Active
Directions Lyons Ave to Osborne Ter (by Beth Israel Hospital) On the corner of Osborne Ter & Mapes Ave Next to the Newark Public Library
Open Parking Spaces 8
Number Of Units Total 3
Tax Annual Amount 14455
Drive Driveway-Exclusive
Standard Status Active
Tax Assessed Value 380100
Town # 1614
Tax Lot 7
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Interior
Basement Full Unfinished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 4
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 10
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 50X138 AVG.
Lot Size Acres 0.16
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* Excluded Features
List By
LIAT WEISS

Listing Agent

Imperial Home Sales, Inc.

Broker

liat@imperial-hs.com

Email

Affordability Calculator

$7,437
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,232
Monthly Property Taxes
$1,205
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$999,000 Listed Price

Map


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349 Osborne Ter, Newark, NJ, 07112 is a Multi-Family Home for sale at $999,000 with a lot size of 0.16. 349 Osborne Ter has 10 bedrooms, 5.0 baths, and was built in 1922. The property's zip code is 07112 which is in Newark, NJ