$985,000

46 Osborne Ter, Newark City, NJ 07108

8 beds |
5 baths

Multi-Family Home
Built in 1952
7,405sqft lot
2 car garage
$——/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: February 22, 2026
Data Last Updated:: March 24, 2026 at 6:41AM
Listing Office:: BHHS JORDAN BARIS REALTY : 973-736-1600
MLS ID:: 4010156

General: Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWood Floors
Basement: FinishedFullWalkout
A/C: Central AirMulti-Zone Cooling
Heating: 3 UnitsForced Hot AirSee RemarksGas-NaturalSee Remarks

General: See RemarksVinyl SidingPatioPrivacy FenceSee RemarksStorm Door(s)Storm Window(s)
Parking: Parking spaces: 6

Roofing: Asphalt Shingle

County: Essex

Driveway: 1 Car WidthBlacktopSee Remarks
Zoning: Residential1614-03026-0000-00027-0000-

Utilities: ElectricGas-Natural
Water: Public Water
Sewer: Public Sewer

This listing courtesy of BHHS JORDAN BARIS REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hawthorne Avenue Elementary School

428 Hawthorne Ave, Newark, NJ, 07112

Grades KG-8

0.41 miles away

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.30 miles away

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.