Active

$599,000

5456 Osborne Ter, Newark City, NJ 07108

9beds

4,946sqft

$4,227/mo

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Single Family Residence

Built in 1924

7,405 Square Feet Lot

$-- Zestimate^®

$121/sqft

$-- HOA

What's special

Three-story property

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!

1 day
80
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Kitchen

Features: See Remarks

Heating

See Remarks

Cooling

See Remarks

Appliances

Included: See Remarks

Features

Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 4,946
Total interior livable area: 4,946 sqft

Property

Parking

Total spaces: 2
Parking features: See Remarks, Detached Garage
Garage spaces: 2

Lot

Size: 7,405 Square Feet
Dimensions: 50 x 152.5 AVG..

Details

Parcel number: 1614030260000000310000

Construction

Type & style

Home type: SingleFamily
Architectural style: See Remarks
Property subtype: Single Family Residence

Materials

Aluminum Siding, Vinyl Siding
Roof: See Remarks

Condition

Fixer
Year built: 1924

Utilities & green energy

Sewer: See Remarks
Water: See Remarks
Utilities for property: See Remarks

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $121/sqft
Tax assessed value: $214,800
Annual tax amount: $8,589
Date on market: 10/13/2026
Ownership type: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/13/2026	Listed for sale	$599,000+114%$121/sqft
Source: GSMLS #4058632 Report a problem
10/18/2005	Sold	$279,900+133.3%$57/sqft
Source: Public Record Report a problem
12/9/2004	Sold	$120,000$24/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,590 +5.2%	$214,800
2024	$8,169 +0.1%	$214,800
2023	$8,162	$214,800
2022	$8,162	$214,800
2021	$8,162 +1%	$214,800
2020	$8,079 +37.4%	$214,800
2019	$5,878	$214,800
2018	$5,878 -20.5%	$214,800
2017	$7,389 +4%	$214,800
2016	$7,108 +6.7%	$214,800
2015	$6,661 +5%	$214,800
2014	$6,343 +4%	$214,800 +17.2%
2012	$6,100 +4.7%	$183,300
2011	$5,829 +16.1%	$183,300
2010	$5,021 +5.4%	$183,300
2009	$4,764 +4.4%	$183,300
2008	$4,564	$183,300
2007	$4,564	$183,300
2006	--	$183,300
2005	--	$183,300
2004	$3,959	$183,300
2003	--	$183,300 +1414.9%
2002	--	$12,100
2001	--	$12,100