54-56 Osborne Ter Newark, NJ $ 599,000
54-56 Osborne Ter
$ 599,000
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54-56 Osborne Ter

Newark, NJ, 07108
$ 599,000
Bedrooms9 Baths2.2 Sq 4,946

Monthly Estimate*

$ 4,137

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Single Family Home for sale in Newark, NJ

for $599,000 with 9 bedrooms and 2 full baths, 2 half baths. This 4,946 square foot home was built in 1924 on a lot size of 0.17.

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!

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Single Family Active

Price

$ 599,000

Bedrooms

9

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 8,589

Style

Converted Structure, Fixer Upper

Lot Size

0.17

Year Built

1924

Town/City

Newark

County/Region

Essex

MLS | Web ID

4058632

Features
General
Sewer See Remarks
Heating See Remarks
Cooling See Remarks
Utilities See Remarks
Possession Closing
Roof See Remarks
Appliances See Remarks
Garage Spaces 2
Architectural Style Converted Structure Fixer Upper See Remarks
Year Built 1924
Garage Detached Garage
Township Newark City
Tax Year 2025
Ownership Fee Simple
Accessibility No
County Essex
Total Rooms 9
Full Baths 2
Status Active
Directions Drive to Clinton Ave in Newark turn onto Osborne Terrace. Follow the street to 54 56 Osborne Terrace. Look for the property numbers on the building.
Tax Annual Amount 8589
Home Warranty Y/N No
Drive See Remarks
Standard Status Active
Tax Assessed Value 214800
Town # 1614
Tax Lot 31
Primary Style Converted Structure
Sub Property Type Single Family
Community Living No
Farm Assessment No
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Interior
Basement Unfinished
Total Fireplaces 0
In-Law Suite No
Fuel Type See Remarks
Half Baths 2
Total Bedrooms 9
Kitchen Features See Remarks
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Exterior
Pool No
Water Source See Remarks
Exterior Description Aluminum Siding Vinyl Siding
Lot Dimensions 50X152.5 AVG..
Lot Size Acres 0.17
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* Excluded Features
List By
RONNIE GLOMB

Listing Agent

Your Town Realty

Broker

ronnie@yourtownbroker.com

Email

Affordability Calculator

$4,853
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,137
Monthly Property Taxes
$716
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/13/2026$599,000 Listed Price

Map


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54-56 Osborne Ter, Newark, NJ, 07108 is a Single Family Home for sale at $599,000 with 4,946 sqft and a lot size of 0.17. 54-56 Osborne Ter has 9 bedrooms, 2.2 baths, and was built in 1924. The property's zip code is 07108 which is in Newark, NJ