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165-167 Osborne Terrace Newark City, NJ 07112

$475,000
9 bd
0.11 lot
Est payment $2549.9/mo

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Courtesy Of BHHS - NEW JERSEY PROPERTIES, 973-992-6363

Multi-Family in Newark City

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.

Courtesy Of BHHS - NEW JERSEY PROPERTIES, 973-992-6363

9 Beds
0.11 Lot

Main Features

Listing Status: Active
Year Built: 1907
Garage: 1.0
Rooms: 21
County: Essex
Taxes: $7,577.00
Tax Year: 2022
Units: 3
MLS Number:3824233

Additional Features

Cooling:
- None
Exclusions:
- 2nd Floor Tenant's refrigerator, tenant's personal belongings
Interior Features:
- Carbon Monoxide Detector
- High Ceilings
- Smoke Detector
Water Heater:
- Gas
Garage:
- Detached Garage
- Oversize Garage
Roof:
- Asphalt Shingle
Unit Style:
- 3-Three Story
Water Source:
- Public Water
Year Built Description:
- Approximate
Basement:
- Bilco-Style Door
- Full
- Unfinished
Driveway:
- 1 Car Width
- Off-Street Parking
Exterior:
- Brick
- Vinyl Siding
Acres:
- 0.11
Lot Features:
- Level Lot
Parking Spaces:
- 4
Heating:
- 3 Units
Heating Source:
- Gas-Natural
Sewer:
- Public Sewer
Utilities:
- Electric
- Gas-Natural
Easements:
- Unknown
Gross Income:
- 0
Home Warranty:
- No
Tax Rate:
- 3.736
Services:
- Cable TV
Assessment Building:
- 178800
Assessment Land:
- 24000
Attribution Contact:
- 973-992-6363
Net Income:
- 0
Operating Expense:
- 0
Possession:
- 60-90
Tax Assessment:
- 202800
Tax Block:
- 3612
Tax Property ID:
- 35
Tax ID:
- 1614-03612-0000-00035-0000-