Property

Newark City, NJ 07112 349 Osborne Ter

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Presented By: IMPERIAL HOME SALES, INC.; 973-743-1777
  • MLS# 3996557
  • 11/06/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 5

Home Details

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!
Presented By: IMPERIAL HOME SALES, INC.; 973-743-1777

Interior Features for 349 Osborne Ter

Bedrooms

Total Bedrooms10
Unit 1 Beds Total4
Unit 2 Beds Total4
Unit 3 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total2.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft9999
Unit 2 Sq Ft9999
Unit 3 Sq Ft9999
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent2600
UnitType2TotalRent2900
UnitType3TotalRent1450
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas, Dishwshr, Microwav, Refrig, SmokeDet
Unit 2 Appl/EquipCarbMDet, CookGas, Dishwshr, Microwav, Refrig, SmokeDet
Unit 3 Appl/EquipCarbMDet, CookGas, Dishwshr, Microwav, Refrig, SmokeDet
BasementFull, Unfinished
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms6
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Sunroom
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Sunroom

General for 349 Osborne Ter

Architectural Style3-Three Story
Cooling3 Units, Central Air
CountyEssex
DirectionsLyons Ave to Osborne Ter (by Beth Israel Hospital) On the corner of Osborne Ter & Mapes Ave, Next to the Newark Public Library
DriveDriveway-Exclusive
EasementUnknown
Full Baths5
Gross Income9999999
Heating3 Units, Forced Hot Air
Net Operating Income9999999
Number Of Units Total3
Open Parking Spaces8
Operating Expense9999999
PossessionAT CLOSING
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14455
Tax Assessed Value380100
Tax Lot7
Tax Year2024
Total Rooms16
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1922

Exterior for 349 Osborne Ter

Exterior DescriptionAluminum Siding
Lot Dimensions50X138 AVG.
Lot Size Acres0.16
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $975,000
MLS#3996557
List Date 11/06/2025
Property Type Multi-Family
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