46-48 Osborne Ter, Newark, NJ 07108 - Photo 1

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$985,000 Coming Soon

For Sale
Coming Soon
Multi-Family
8 Total Beds
2 Car Garage
Updated 2 days ago

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Property 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.

Full Property Details

Full Property Details for 46-48 Osborne Terrace

General

Price: $985,000
Taxes: $11,024 (2024)
Status: Coming Soon
Type: Multi-Family
Source: Garden_State
MLS ID: 4010156
Updated: 2/18/2026
Added to Site: 3 day(s) ago

Interior

Number of Rooms: 16
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 5
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 8

Exterior

Exterior Features: Patio, Privacy Fence, See Remarks, Storm Door(s), Storm Window(s)
Color: Grey

Parking

Garage: Yes
Garage Spaces: 2
Garage Description: On Site, See Remarks

Location

County: Essex
Subdivision: Clinton Hill
Driving Directions: Hawthorne Avenue to Osborne Terrace or Clinton Avenue to Osborne Terrace

School Information

Elementary School: HAWTHORNE
Middle School: SCIENCE
High School: TECHNOLOGY

Heating & Cooling

Cooling Type: Central Air Conditioning, Multi-Zone Cooling
Heating Type: 3 Units, Forced Hot Air, See Remarks
Heating Fuel: Natural Gas, See Remarks
Water Heater: Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Electric, Natural Gas, Cable TV Available

Structural Information

Architectural Style: 3-Three Story, See Remarks
Exterior Const.: See Remarks, Vinyl Siding
Basement: Yes
Basement Desc.: Finished, Full, Walk-Out
Roof: Asphalt Shingles
Year Built: 1952
Remodeled/Updated: 2017

Unit Information

Unit 1

Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Living Room, Porch
Square Feet: 1100
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 2

Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch, See Remarks
Square Feet: 1200
Levels/Stories: 1
Total Bathrooms: 2
Bedrooms: 3

Unit 3

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

Lot Features

Lot Size (Acres): 0.17
Lot Dimensions: 50 x 152.10 AVG.
Driveway/Sidewalk: 1 Car Width, Blacktop, See Remarks
Zoning: Residential
Lot Description: Level Lot, Skyline View

Financial Considerations

Assessment Amount: $267,400
Land Assmt: $22,500
Tax Amount: $11,024
Tax Year: 2024

Disclosures and Reports

Disclosures: Yes
Block: 3026
Lot Number: 27

Listed by Bhhs Jordan Baris Realty

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Schools

Schools serving 46-48 Osborne Terrace

School District:Newark City School District

Name	Grades	Distance
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.4 mi
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	0.4 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	0.6 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	0.7 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	0.9 mi
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112	9-12	1.1 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	0.9 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.1 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	1.5 mi

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

Price & Sales History for 46-48 Osborne Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/17/2026

Listed

$985,000

151.92%

MLS

3/10/2017

Sold

$391,000

—

Public Record

Get Price Alerts and Save Property

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 46-48 Osborne Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2024

$11,025

$289,900

—

2022

$10,831

—

$289,900

—

2021

$10,825

-2%

$289,900

—

2020

$11,016

$289,900

—

2018

$10,706

-2%

$289,900

—

2019

$10,903

85%

$289,900

75%

2017

$5,892

$165,500

—

2016

$5,693

$165,500

—

2015

$5,476

12%

$165,500

—

2013

$4,887

—

$165,500

—

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 46-48 Osborne Terrace

46-48 Osborne Ter, Newark, NJ 07108 (MLS# 4010156) is a Multi-Family property with 3 units containing 8 bedrooms, 5 full bathrooms and 1 partial bathroom. 46-48 Osborne Ter is currently listed for $985,000 and was received on February 17, 2026. Want to learn more about 46-48 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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46-48 Osborne Terrace Newark, NJ 07108

Full Property Details for 46-48 Osborne Terrace

General

Interior

Rooms

Bathrooms

Bedrooms

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

Listing agent

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Schools serving 46-48 Osborne Terrace

Price & Sales History for 46-48 Osborne Terrace Get Price Alerts and Save Property

Tax History for 46-48 Osborne Terrace

Estimate the Cost for 46-48 Osborne Terrace

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