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349 Osborne TerNewark City, NJ 07112

10 Beds · 5 Full Baths · 0.16 Acres
$929,000 Active

349 Osborne Ter Overview

Time on Site:
109 days
Visits:
0

Turnkey 3-Family Investment in Newark?s Coveted Weequahic Section!Discover 349 Osborne Terrace, a beautifully updated 3-family home offering nearly 6,000 sq. ft. of living space on an oversized 50×138 lotideal for investors or an owner-occupant seeking strong rental income. Fully renovated in 2019, each unit boasts sun-filled living areas, generously sized bedrooms, modern eat-in kitchens, and updated bathrooms, with upgraded flooring and well-maintained interiors throughout. Recent improvements include refreshed kitchens/baths and newer mechanicals, ensuring a move-in ready, hassle-free property.Strategically located just minutes from Beth Israel Hospital, Newark Penn Station, major highways, and the airport, this home offers both income potential and unbeatable convenience. Don?t miss your chance to own a turnkey, high-producing 3-family in one of Newark?s most desirable neighborhoods!Owner holds a Real Estate License

Listing provided courtesy of KELLER WILLIAMS VILLAGE SQUARE- MLS# 4014095MLS ProviderContact Information: 201-398-9898
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349 Osborne Ter Facts & Features

  • Type
  • Lot 0.16 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Renovated Year: 2018
  • Year Built: 1922

Location/Region

  • County Or Parish: Essex

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate, Renovated

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $15,200.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 3.999
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Exclusions: Personal Property
  • Property Type: Multi-Family
  • Senior Community: No

Unit Information

  • Unit Style: 3-Three Story

Interior

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total: 5.00
  • Bedrooms Total: 10

General Information

  • Cooling: Central Air
  • Heating: Forced Hot Air
  • Rooms Total: 16

Unit Information

  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2600
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Storage
  • Unit 1 Rooms: 6
  • Unit 1 Sq Ft: 0
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2900
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
  • Unit 2 Rooms: 6
  • Unit 2 Sq Ft: 0
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Storage
  • Unit 3 Rooms: 4
  • Unit 3 Sq Ft: 0

Exterior

Parking Information

  • Parking Features: Concrete
  • Parking Total: 5

Lot Information

  • Lot Size Acres: 0.16
  • Lot Size Area: 50X138 AVG.
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Aluminum Siding
  • Roof: See Remarks

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Gas-Natural

349 Osborne Ter Neighborhood

Community

07112 (Newark City) Demographics

36
Median Age
13,529
Population Density (per sq. mile)
25%
College Educated
$36,289
Estimated Median Income
2,753
Estimated Total Home Owners
7,158
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

349 Osborne Ter Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

349 Osborne Ter Market Data

Based on the last 30 days in this zip code

$433,883
Average List Price
$2,627
Average Price per Square Foot
4
Properties Sold
113
Average Days on Market
31
Properties for Sale
Calculations provided by Reliance Network

349 Osborne Ter History

Date Event Value Agent
6/27/2026Source: Garden State MLS Added to Database
June 27, 2026
3/12/2026Source: Garden State MLS Added to Database
March 12, 2026