I don't know what the requirements for tagging is where you are, but it shouldn't take much to get a bike road worthy in the legal sense. Lights, brake light switches, maybe a battery...but, yeah, being already street legal is quite a bonus.
I was going to tell you to stay off a new bike.

Bikes made in the 80's can't compare to one made in this decade. While they kinda look the same, there have been subtle advances in suspension, engines, frame geometry, etc. My 2017 Beta trials bike is way better than my '04, which was way better than my '95, which was better than my 91, which was very much better than my '89. I'm not even going to mention my '79 Bultaco. It's just that my '17 is orders of magnitude better than my '89, and I loved the '89. If I still had the '89 and never rode anything else, I'd probably be fine with it (other than I can't get parts). But compared to the new bike the '89 is a tank. I'm not baggin' on your '83 nor calling it a tank, it seriously looks dang nice and it if runs and handles like it sounds it's got to be pretty sweet. It's just that if you really like the '83, you'd fall in love with a comparable 2019!
Are you running the stock rear shock on yours?