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139 Osborne Ter, Newark, NJ, 07108

7beds
5baths
4,220sqft
$670,000
$159price/sqft
$5,400/moest. monthly cost
$216,000/yrincome needed

About This Home

TURNKEY INCOME + VALUE-ADD IN. CLINTON HILL- 7 BR | 5 BA LEGAL 2 FAMILY. Two income streams under one roof. 2nd Floor unit is fully renovated kitchen & Bath with granite/quartz finishes, move-in ready today. First floor offers an updated kitchen and one fully renovated bath, plus a clear value-add path in remaining baths-perfect for an investor looking to force equity or an owner occupant. Both units feature charming fireplaces and hardwood floors throughout. Bonus attic with bedroom & generous backyard.

Getting Around

75
WalkingVery Walkable
57
TransitGood Transit
40
BikeSomewhat Bikeable

Schools

1/10
1/10
Weequahic High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Brick,Stucco

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven - Electric,Range/Oven - Gas,Washer,Kitchen Exhaust Fan,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Full

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Dining Room,Kitchen,Living Room,Attic
  • Window features: Blinds
  • Flooring: Tile,Wood

Heating

  • Heating features: 2 Units,Radiators - Steam,Natural Gas

Interior Area

  • Total structure area: 4,220
  • Total interior livable area: 4,220 sqft

Property

Accessibility

  • Accessibility features: Handicap Modified

Details

  • Parcel number: 1614030290000000250000
  • Zoning description: Residential
  • Other equipment: Intercom
  • Exclusions: FIRST FLOOR FIRE PLACE FRAME

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 32.2 x 104 AVG.

Parking

  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,387$40,644
Home Insurance *$376$4,512
Property Taxes $1,172$14,064
Electricity $465$5,582
Total$5,400$64,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$185,142/yr
40% on housing$162,000/yr
45% on housing$144,000/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 07108$252
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07108$264
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-26Listed for sale$670,000
2024-09-18Listing removed$1,750
2024-08-21Listed for rent$1,750
1977-04-18Sold$24,700

For Sale by Agent

AgentTracy Cherry-arnold
BrokerageExit Platinum Realty

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