NOT LISTED FOR SALE

361 Osborne Terrace Unit 363 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $555,000 - $877,000

8 Beds
3 Baths
-- Sq Ft
5,432 Sq Ft Lot

Last Sold July 08, 2024

Last sale price $800,000

Est. 20% decrease in value since last sale

Current estimated payment $4,065/month

18 Days on Market

About This Home

As of July 2024

Welcome to 361-363 Osborne Terrace located near Beth Israel Hospital. Massive Tri-plex!! First floor features three bedrooms, living room, dining room, den and enclosed porch with a huge bathroom and a very nice sized kitchen. Second floor is identical to the first floor. Third floor has 2 bedrooms, living room and eat-in kitchen and a nice sized bathroom. Separate utilities! First and second floors can easily to 4 bedrooms each. Possibly usage can be owner-occupants, Rentals which are great right now or air b&b. Beautiful house, you will not be disappointed. Exterior has a nice back yard and two car garage and lots of parking spaces. New Roof and exterior was re-painted. Must see!!

Last Agent to Sell the Property

David Mohan

RE/MAX Solutions Listed on: 12/11/2023

RE/MAX Solutions

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,694

Lot Details

  • 5,432 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00002 / 03628

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,694

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 731-1200
  • MLS Status: Sold - Sold
  • Directions: Lyons Ave to Osborne
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5432.0

Tax Info

  • Tax Annual Amount: 6694.0
  • Tax Block: 03628
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2024
Sold by
Mmm Osborne Llc
Bought by
Anderson Dwayne L and James-Anderson Juliana J
Current Estimated Value
$643,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,650
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2023
Sold by
Johnson Wynella
Bought by
Mmm Osborne Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anderson Dwayne L $800,000 Intact Title
Mmm Osborne Llc $356,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Dwayne L $900,650
Closed Anderson Dwayne L $900,650
Previous Owner Anderson Dwayne L $900,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $800,000 +3.2% --
12/29/2023 12/29/23 Pending -- -- --
12/22/2023 12/22/23 Price Changed $775,000 +10.9% --
12/11/2023 12/11/23 For Sale $699,000 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,681 $179,200 $31,200 $148,000
2024 $6,681 $179,200 $31,200 $148,000
2023 $6,695 $179,200 $31,200 $148,000
2022 $6,695 $179,200 $31,200 $148,000
2021 $6,691 $179,200 $31,200 $148,000
2020 $6,810 $179,200 $31,200 $148,000
2019 $6,740 $179,200 $31,200 $148,000
2018 $6,618 $179,200 $31,200 $148,000
2017 $6,380 $179,200 $31,200 $148,000
2016 $6,164 $179,200 $31,200 $148,000
2015 $5,930 $179,200 $31,200 $148,000
2014 $5,557 $179,200 $31,200 $148,000
Source: Public Records

Agents Affiliated with this Home

  • David Mohan

    Seller's Agent in 2024

    David Mohan

    RE/MAX

    (973) 517-2278

    4 in this area

    38 Total Sales

    David Mohan
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

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Map

Source: New Jersey MLS

MLS Number: 23037245

New Jersey MLS

APN: 14-03628-0000-00002

New Jersey Essex County Newark 07112 Weequahic

361 Osborne Terrace Unit 363, Newark, NJ

This home is located at 361 Osborne Terrace Unit 363, Newark, NJ 07112 since 11 December 2023 and is currently estimated at $643,836. 361 Osborne Terrace Unit 363 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Chancellor Avenue School, and Hawthorne Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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