349 Osborne Ter, Newark, NJ 07112 - Photo 1

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$929,000 Just Listed

For Sale
Active
Multi-Family
10 Total Beds
Updated 21 hours ago

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Property Description

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

Full Property Details

Full Property Details for 349 Osborne Terrace

General

Price: $929,000
Taxes: $15,200 (2025)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4014095
Updated: 3/12/2026
Added to Site: 1 day(s) ago

Interior

Number of Rooms: 16

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 10

Location

County: Essex
Driving Directions: Lyons to Osborne

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Hot Air
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Architectural Style: 3-Three Story
Exterior Const.: Aluminum Siding
Basement: Yes
Basement Desc.: Full, Unfinished
Roof: See Remarks
Year Built: 1922
Remodeled/Updated: 2018

Unit Information

Unit 1

Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Storage
Levels/Stories: 1
Total Bathrooms: 2
Bedrooms: 4

Unit 2

Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels/Stories: 2
Total Bathrooms: 2
Bedrooms: 4

Unit 3

Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Storage
Levels/Stories: 3
Total Bathrooms: 1
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.16
Lot Dimensions: 50 x 138 AVG.
Driveway/Sidewalk: Concrete

Financial Considerations

Assessment Amount: $348,000
Land Assmt: $32,100
Tax Amount: $15,200
Tax Year: 2025

Disclosures and Reports

Exclusions: Personal Property
Disclosures: Yes
Block: 3628
Lot Number: 7

Listed by Keller Williams Village Square

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— 349 Osborne Terrace —

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201-398-9898

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Schools

Schools serving 349 Osborne Terrace

School District:Newark City School District

Name	Grades	Distance
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112	PK-8	0.2 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	0.4 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.7 mi
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112	9-12	0.5 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	1.1 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	1.6 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.6 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.9 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 349 Osborne Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/12/2026

Listed

$929,000

928.79%

MLS

6/29/2016

Sold

$90,300

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 349 Osborne Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2024

$14,455

$380,100

—

2022

$14,201

71%

$380,100

—

2021

$8,312

—

$380,100

71%

2021

$8,312

33%

$222,600

—

2021

$6,266

-25%

$222,600

—

2019

$8,372

$222,600

—

2018

$8,221

$222,600

—

2017

$7,925

$222,600

—

2016

$7,657

$222,600

—

2015

$7,366

$222,600

—

2014

$6,903

—

$222,600

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 349 Osborne Terrace

349 Osborne Ter, Newark, NJ 07112 (MLS# 4014095) is a Multi-Family property with 3 units containing 10 bedrooms and 5 full bathrooms. 349 Osborne Ter is currently listed for $929,000 and was received on March 12, 2026. Want to learn more about 349 Osborne Ter? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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349 Osborne Terrace Newark, NJ 07112

Full Property Details for 349 Osborne Terrace

General

Interior

Rooms

Bathrooms

Bedrooms

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Lot Features

Financial Considerations

Disclosures and Reports

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Quickly Find Out More

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Schools serving 349 Osborne Terrace

Price & Sales History for 349 Osborne Terrace Get Price Alerts and Save Property

Tax History for 349 Osborne Terrace

Estimate the Cost for 349 Osborne Terrace

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