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Teikesha Hubert

teikesha@hubertandco.co +1(917) 387-6872

$ 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

OPEN HOUSE

Fri Dec 20, 3:00pm - 5:00pm

Sat Dec 21, 11:00am - 1:00pm

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 3938383

Style 3-Three Story, Triplex

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, Smoke Detector

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, Triplex

Others

Senior Community No

Listed by REAL

+1(917) 387-6872

teikesha@hubertandco.co

279 Osborne Ter Newark City, NJ 07112

Teikesha Hubert

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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279 Osborne Ter