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  • Price cut: $24K (12/11)
    $975,000

    349 Osborne Ter, Newark City, NJ 07112

    10beds
    29,997sqft
    : 
    Multi Family
    Built in 1922
    -- sqft lot
    $967,400 Zestimate®
    $33/sqft
    $-- HOA

    What's special

    Modern bathroomsLarge parking lotFull unfinished basement
    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!
    38 days
    |
    166
    |
    9
    |

    Zillow last checked: 19 hours ago

    Listing updated: December 11, 2025 at 06:26am

    Listed by:

    Liat Weiss 973-743-1777,

    Imperial Home Sales, Inc.,

    Yariv Raich

    Source: GSMLS,MLS#: 3996557MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • 3 Units, Forced Air, Natural Gas
    Cooling
    • 3 Units, Central Air
    Features
    • Bedrooms, Eat-in Kitchen, Living/Dining Room, Sunroom, Eat-In Kitchen
    • Basement: Yes,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 29,997
    • Total interior livable area: 29,997 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Driveway-Exclusive
    • Uncovered spaces: 8
    Features
    • Levels: 3-Three Story
    • Stories: 3
    Lot
    • Size: 6,969.6 Square Feet
    • Dimensions: 50 x 138 AVG.
    Details
    • Parcel number: 1614036280000000070000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1922
    • Major remodel year: 2019

    Utilities & green energy

    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $33/sqft
    • Tax assessed value: $380,100
    • Annual tax amount: $14,455
    • Date on market: 11/6/2025
    • Total actual rent: 6950
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

    Estimated market value

    $967,400

    $919,000 - $1.02M

    $2,666/mo

    Price history

    Price history
    DateEventPrice
    12/11/2025Price change$975,000-2.4%$33/sqft
    Source: GSMLS #3996557 Report a problem
    11/6/2025Listed for sale$999,000$33/sqft
    Source: GSMLS #3996557 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $6,747/mo
    Principal & interest
    $4765
    Property taxes
    $1641
    Home insurance
    $341

      Climate risks

      Neighborhood: Weequahic

      Nearby schools

      GreatSchools rating

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