279 Osborne Ter Newark City, NJ 07112

Multi-Family (2-4 Units) MLS #: 3938383 Courtesy Of Real Broker LLC

$749,999

10 beds | 3 baths | 2,285 sq ft
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Est. Property Tax: $6,039
Estimated monthly payments: $3,782/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Oven - Gas, Range, Refrigerator
  • Architecture Style: Other
  • Cooling System: None
  • Exterior Type: Vinyl Siding
  • Lot Size: 0.1 Acres
  • Roof Type: Asphalt
  • Rooms: Basement, Kitchen, Living Room

MAP & DIRECTIONS

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279 Osborne Ter, Newark City, NJ 07112
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School Information

279 Osborne Ter, Newark City, NJ 07112

Elementary School
Grades PK-8 | Public School
GEORGE WASHINGTON CARVER ELEMENTARY SCHOOL
Newark, NJ 07112
333 Clinton Pl
973.­705.3800
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
13:1
Total Students
508
Middle School
Grades PK-8 | Public School
GEORGE WASHINGTON CARVER ELEMENTARY SCHOOL
Newark, NJ 07112
333 Clinton Pl
973.­705.3800
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
13:1
Total Students
508
High School
Grades 9-12 | Public School
BARRINGER HIGH SCHOOL
Newark, NJ 07104
90 Parker St
973.­268.5125
Distance: 3.3 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
1600
High School
Grades 9-12 | Public School
CENTRAL HIGH SCHOOL
Newark, NJ 07108
250 18th Ave
973.­733.6378
Distance: 1.4 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
729
High School
Grades 9-12 | Public School
EAST SIDE HIGH SCHOOL
Newark, NJ 07105
238 Van Buren St
973.­465.4900
Distance: 2.8 mi
School Rating
D-
Student:Teacher Ratio
14:1
Total Students
2024
High School
Grades 9-12 | Public School
MALCOM X SHABAZZ HIGH SCHOOL
Newark, NJ 07108
80 Johnson Ave
973.­733.6974
Distance: 1.0 mi
School Rating
D
Student:Teacher Ratio
10:1
Total Students
360
High School
Grades 9-12 | Public School
NEWARK BRIDGES HIGH SCHOOL
Newark, NJ 07103
Distance: 2.0 mi
High School
Grades 9-12 | Public School
TECHNOLOGY HIGH SCHOOL
Newark, NJ 07104
223 Broadway
973.­481.5962
Distance: 3.7 mi
School Rating
A
Student:Teacher Ratio
13:1
Total Students
685
High School
Grades 9-12 | Public School
WEEQUAHIC HIGH SCHOOL
Newark, NJ 07112
279 Chancellor Ave
973.­705.3923
Distance: 0.6 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
385
High School
Grades 9-12 | Public School
WEST SIDE HIGH SCHOOL
Newark, NJ 07103
403 S Orange Ave
973.­733.7019
Distance: 2.0 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
620
Other Nearby Schools Distance Type Grades School Rating
Bruce Street School For The Deaf 0.3 mi Public PK-8
Hawthorne Avenue Elementary School 0.3 mi Public KG-8 D
Dayton Street Elementary School 0.4 mi Public PK-8 D
Team Academy Charter School 0.4 mi Public KG-12 B-
Bragaw Avenue Elementary School 0.5 mi Public KG-8
University High School 0.5 mi Public 7-12 C+
Nj Regional Day School - Newark 0.5 mi Public KG-12
Maple Avenue Elementary School 0.6 mi Public KG-8
Early Childhood School - South 0.6 mi Public PK
Eagle Academy For Young Men Of Newark 0.6 mi Public 6-12 F
Belmont Runyon Elementary School 0.6 mi Public PK-8 F
Achieve Community Charter School 0.7 mi Public KG-7 C
Chancellor Avenue Elementary School 0.7 mi Public 3-8 D
Chancellor Avenue Annex 0.7 mi Public KG-2
Thurgood Marshall Elementary School 0.9 mi Public PK-5 C
Avon Avenue Elementary School 1.0 mi Public KG-8 D-
Trinity Temple Academy 1.0 mi Private KG-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newark, NJ 07112

Median Age: 37.6
Married: 22%
Number of Households: 10,968
Households with Children: 28%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.