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165 Osborne Terrace

Newark City, NJ 07112
  • $475,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 3824233
UPDATED: 50 min ago
$475,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1907
County:
Area:

School Ratings & Info

Description

Spacious, Legal 3 Unit, located in the Upper Clinton Hill. Featuring Gracious floor plans, high ceilings & original architectural details throughout this 1907 home. Property offers enormous potential for the owner-occupied buyer or the investor. Unit 1: 3 bedrooms, eat in kitchen, den, & a sunporch - perfect bonus spaces for work at home or relaxation. Unit 2: 4 bedrooms, (one bedroom has no closet) eat in kitchen, & bonus sundrenched office/den. Bright & sunny Unit 3 on the top level has 2 bedrooms & updated bath. Full large, unfinished basement w shared dryer: ideal for finishing. Detached Oversized 1 car garage w a long drive suitable for 3-4 cars. Ample storage & closet space throughout the property. Currently Unit 2 rented to a long-term tenant who would like to remain, one year lease in place expires 12/31/2023.Unit 1 & 3 will be delivered vacant. 2 Non-working fireplaces. HOUSE NUMBER IS 167. Only 2 hot water heaters. 3 Underground oil tanks have been removed, awaiting NFA letter. Please DO NOT walk the property unaccompanied or without an appointment. UNITS 1 & 2 Share a hot water heater.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-27T11:47:19.883.
www.srrealestategroup.com/homes/136020769
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165 Osborne Terrace Newark City, NJ 07112

  • Price: $475,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 50 min ago
  • MLS #: 3824233
9
Beds
3
Baths
0
½ Baths
0.11
Acres
1907
Built
County:
Essex
Area:
Newark City
Property Description
Spacious, Legal 3 Unit, located in the Upper Clinton Hill. Featuring Gracious floor plans, high ceilings & original architectural details throughout this 1907 home. Property offers enormous potential for the owner-occupied buyer or the investor. Unit 1: 3 bedrooms, eat in kitchen, den, & a sunporch - perfect bonus spaces for work at home or relaxation. Unit 2: 4 bedrooms, (one bedroom has no closet) eat in kitchen, & bonus sundrenched office/den. Bright & sunny Unit 3 on the top level has 2 bedrooms & updated bath. Full large, unfinished basement w shared dryer: ideal for finishing. Detached Oversized 1 car garage w a long drive suitable for 3-4 cars. Ample storage & closet space throughout the property. Currently Unit 2 rented to a long-term tenant who would like to remain, one year lease in place expires 12/31/2023.Unit 1 & 3 will be delivered vacant. 2 Non-working fireplaces. HOUSE NUMBER IS 167. Only 2 hot water heaters. 3 Underground oil tanks have been removed, awaiting NFA letter. Please DO NOT walk the property unaccompanied or without an appointment. UNITS 1 & 2 Share a hot water heater.
Exterior Features

Approximate Lot Size 47X100 Color Of Building Brick Exterior Description BrickVinyl Siding Garage Description Detached GarageOversize Garage Lot Description Level Lot Number Of Parking Spaces 4 Parking Driveway Description 1 Car WidthOff-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style DoorFullUnfinished Cooling None Heating 3 Units Interior Features Carbon Monoxide DetectorHigh CeilingsSmoke Detector Total Number Of Rooms 21 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSee RemarksSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving RoomSee Remarks Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSee RemarksSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 4 Unit2 Fireplaces 1 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomKitchenLiving RoomSee Remarks Unit2 Rooms 9 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsDining RoomKitchenLiving RoomSee Remarks Unit3 Rooms 5 Unit3 Sq Ft 0

Property Features

Assessment Total 202800 Building Assessment 178800 Easement Unknown Exclusions 2nd Floor Tenant's RefrigeratorTenant's Personal Belongings Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 24000 Net Operating Income 0 Services Cable Tv Sewer Public Sewer Tax Amount 7577 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Lease Expiration 2023-12-31 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1100 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Bhhs - New Jersey Properties: 973-992-6363.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-27T11:47:19.883.
 
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Christie's International Real Estate Group
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Summit NJ, 07901