Date
Details
Price
Change
Source
10/13/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Discover the investment potential of 54"56 Osborne Terrace, Newark, NJ 07108! This three-story property was originally a triplex and has since been converted into a single-family home, offering a unique opportunity for investors seeking rental income potential. Currently utilized as an individual room rental property, it presents the opportunity to generate income from multiple occupants. Conveniently situated in an established Newark neighborhood with access to major roadways, local amenities, and nearby destinations, this property is an attractive option for investors looking to expand their portfolio or explore opportunities in the room-rental market. Whether you're seeking to continue its current rental use or explore its future potential, this property offers an exciting opportunity for the savvy investor. Don't miss your chance to explore the possibilities this property has to offer!
Full Property Details
Full Property Details for 54-56 Osborne Terrace
General
- Price: $599,000
- Taxes: $8,589 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4058632
- Updated: 10/14/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 9
- Appliances: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Kitchen: See Remarks
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: Drive to Clinton Ave in Newark, turn onto Osborne Terrace. Follow the street to 54"56 Osborne Terrace. Look for the property numbers on the building.
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Architectural Style: Converted Structure, Fixer Upper, See Remarks, Converted Structure
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: See Remarks
- Square Feet: 4,946
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: 50 x 152.5 AVG..
- Driveway/Sidewalk: See Remarks
Financial Considerations
- Assessment Amount: $214,800
- Land Assmt: $22,500
- Tax Amount: $8,589
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-03026-0000-00031-0000-
- Block: 3026
- Lot Number: 31
Listed by Your Town Realty
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Listing agent
— 54-56 Osborne Terrace —
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855-600-2465
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Schools
Schools serving 54-56 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 | 1.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.6 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 54-56 Osborne Terrace
Tax History
Tax History for 54-56 Osborne Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,590
7%
$214,800
—
2022
$8,025
—
$214,800
—
2021
$8,021
33%
$214,800
—
2021
$6,047
-24%
$214,800
—
2018
$7,933
4%
$214,800
—
2017
$7,647
3%
$214,800
—
2016
$7,389
4%
$214,800
—
2015
$7,108
-12%
$214,800
—
2019
$8,079
27%
$214,800
—
2013
$6,343
—
$214,800
—
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 54-56 Osborne Terrace
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- Multi-Family
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5456 Osborne Ter, Newark, NJ 07108 (MLS# 4058632) is a Single Family property with 9 bedrooms, 2 full bathrooms and 2 partial bathrooms. 5456 Osborne Ter is currently listed for $599,000 and was received on October 13, 2026. Want to learn more about 5456 Osborne Ter? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.