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Patric Santo Pietro

[email protected] +1(732) 570-5442

$ 749,999

Est. payment -/mo

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Open Sun 2PM-4PM

279 Osborne Ter Newark City, NJ 07112

10 Beds

3 Baths

2,285 SqFt

OPEN HOUSE

Sun Oct 20, 2:00pm - 4:00pm

UPDATED:

10/15/2024 07:33 PM

Key Details

Property Type Multi-Family

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

Listed by NEW AND MODERN GROUP

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

Patric Santo Pietro

279 Osborne Ter Newark City, NJ 07112

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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279 Osborne Ter