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Listing Details

46 Osborne Ter,Newark City, NJ 07108-1710

  • February 22, 2026

Description

Welcome to this exceptional legal three-family home a rare opportunity offering both comfortable living and outstanding investment potential. Pride of ownership shines throughout this meticulously maintained property, featuring a 6-car backyard parking area and a picturesque gazebo with sweeping views of the New York City skyline, creating the perfect ambiance for relaxing or entertaining. A potential bonus basement unit adds even more value and flexibility. Each unit is thoughtfully designed and in excellent condition, offering large eat-in kitchens, spacious living and dining areas, generous bedrooms, and abundant storage delivering comfort, functionality, and lasting appeal for residents. Ideally located within walking distance to schools, restaurants, shopping, and everyday conveniences, this home provides the lifestyle today?s buyers seek. The property will be delivered with two vacant units, including the largest, creating an ideal opportunity to live in one unit while generating rental income, or to maximize returns as a fully income-producing asset. Enjoy an exceptional commuter convenience just minutes from Newark Liberty International Airport via the Route 78 corridor and close to Newark Penn Station with direct Midtown service to Manhattan.

Details

Last Updated On: February 22nd, 2026 at 7:29 am
Property ID:PT-29278554-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 985,000 $
Bedrooms:8
Year Built:1952

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 50X152.10 AVG.
Lot Identifier: 27
Lot Description: Level Lot, Skyline View
Lot Identifier: 27

Home Details

Subdivision: Clinton Hill
Open Parking: 6
Basement: Yes
Renovated: 2017
Basmnt/Desc: Yes - Finished, Full, Walkout
Acreage: 0.17
Total Baths: 5.10
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 16
Easement/Desc: No
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: AT Closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas
Unit 1 Levels: 1
Unit 1 Rooms: 6
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 1100
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Living Room, Porch
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas
Unit 2 Levels: 1
Unit 2 Rooms: 7
Unit 2 Beds: 3
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 1200
Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas
Unit 3 Levels: 1
Unit 3 Rooms: 4
Unit 3 Beds: 2
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
Color of Building: Grey
Garage Description: On Site
Number of Garage Spaces: 2
Block Identifier: 3026
County Number: 16
Town Number: 1614
YB/Desc: 1952 - Approximate
Color of Building: Grey
Easement: No
Parking/Driveway Description: 1 Car Width, Blacktop
Block Identifier: 3026
County Number: 16
Town Number: 1614
Possession: AT Closing

Taxes, Fees & Assessments

Warranty: No
Tax ID For Property: 1614-03026-0000-00027-0000-
Tax Amount: $11,024.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $22,500.00
Building Assessment: $267,400.00
Total Assessment: $289,900.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 3 Units, Forced Hot Air
Cool System: Central Air, Multi-Zone Cooling
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Services: Cable TV Available

Schools

Grade School: HAWTHORNE
Middle School: SCIENCE
High School: TECHNOLOGY

Other

Zoning: Residential

Features

  • Carbon Monoxide Detector
  • Fire Extinguisher
  • Patio
  • Privacy Fence
  • See Remarks
  • Smoke Detector
  • Storm Door(s)
  • Storm Window(s)
  • Wood Floors

Statistics

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