349 Osborne Ter

Newark, NJ 07112

$975,000
Price
10
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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,...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!
  1. Listed by LIAT WEISS • IMPERIAL HOME SALES, INC.
  2. Listed by YARIV RAICH • IMPERIAL HOME SALES, INC.

Property Details for 349 Osborne Terrace

Directions
Lyons Ave to Osborne Ter (by Beth Israel Hospital) On the corner of Osborne Ter & Mapes Ave, Next to the Newark Public Library
Days On Market
35
LISTING UPDATED: 12/11/2025 02:26 PM

Property Details for 349 Osborne Terrace

StatusActive
MLS #3996557
Days on Market109
Taxes$14,455 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1922
Lot Size0.16 AC / 6,969 SF
CountyEssex County

Location

Listing Courtesy of IMPERIAL HOME SALES, INC., LIAT WEISS; IMPERIAL HOME SALES, INC., YARIV RAICH
Add your commute

Building Information for 349 Osborne Terrace

Stories-Residences3Year Built1922Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$5,957 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,752

Property Taxes

$1,205

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 349 Osborne Terrace

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 35
  • Renovated Year: 2019
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 3628
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 349.0
  • # Parking Spaces: 8
  • County Or Parish: Essex
  • Street Name: Osborne Ter
  • Zip Code: 07112-2050
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $14,455
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 380100.0
  • Tax ID For Property: 1614-03628-0000-00007-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Driveway-Exclusive
Property
Lot Information
  • Lot Identifier: 7
  • Approximate Lot Size: 50X138 AVG.
  • Total Acres: 0.16
  • Construction Date/Year Built: 1922
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 348000.0
  • Assessment Land: 32100.0
Utilities
  • Cooling: 3 Units, Central Air
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, Dishwshr, Microwav, Refrig, SmokeDet
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2600.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Sunroom
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 3900.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, Dishwshr, Microwav, Refrig, SmokeDet
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2900.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Sunroom
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 4350.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: CarbMDet, CookGas, Dishwshr, Microwav, Refrig, SmokeDet
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1450.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 2175.0
  • Unit 3 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $9,999,999.00
  • Net Operating Income: $9,999,999.00
  • Gross Operating Income: $9,999,999.00

Property History for 349 Osborne Terrace

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Price Change

GSMLS #3996557

$975,000—
Nov 6, 2025

Price Change

GSMLS #3996557

$999,000—
Nov 6, 2025

Listed (Active)

GSMLS #3996557

$975,000—
Sep 16, 2016

Sold

GSMLS #3306771

$90,300—
May 15, 2016

Listed (Active)

GSMLS #3306771

$89,900—
DateEvent & SourcePrice
12/11/2025

Price Change

GSMLS #3996557

$975,000
11/06/2025

Price Change

GSMLS #3996557

$999,000
11/06/2025

Listed (Active)

GSMLS #3996557

$975,000
09/16/2016

Sold

GSMLS #3306771

$90,300
05/15/2016

Listed (Active)

GSMLS #3306771

$89,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 349 Osborne Terrace

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
B.R.I.C.K. Peshine Academy
Public - PK to 8
Hawthorne Avenue Elementary School
Public - PK to 8
Chancellor Avenue Elementary School
Public - PK to 8
George Washington Carver Elementary School
Public - PK to 8
Rating
School
Distance
B.R.I.C.K. Peshine Academy
PublicPK to 8

Hawthorne Avenue Elementary School
PublicPK to 8

Chancellor Avenue Elementary School
PublicPK to 8

George Washington Carver Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 349 Osborne Terrace, Newark, NJ 07112

349 Osborne Terrace is a multi-family home for sale in Newark, NJ 07112. This property was listed for sale on November 6, 2025 by IMPERIAL HOME SALES, INC., it's currently listed at $975,000. It has been on the market for a total of 109 days and was last sold on September 16, 2016. This listing's school district is The Newark Public School District. Nearby schools include B.R.I.C.K. Peshine Academy, Hawthorne Avenue Elementary School and Chancellor Avenue Elementary School. 349 Osborne Terrace is a 10-bed, 5-bath, multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IMPERIAL HOME SALES, INC., LIAT WEISS; IMPERIAL HOME SALES, INC., YARIV RAICH

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 02/23/2026 08:12 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 02/23/2026 08:12 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.