$475,000
 $2,550 est/mo Sourced by Back At You

72 Hanford St,Newark City, NJ 07114

Newark City, NJ 07114

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Description

Exceptional Investment Opportunity in Newark! Calling all investors, contractors, developers, and savvy owner-occupants looking to capitalize on one of Newark's growing neighborhoods. This side-by-side duplex offers two spacious units, each featuring 2 bedrooms, a comfortable living room, large eat-in kitchen, and a versatile bonus room that can be used as a dining room, den, home office, playroom, or additional living space the choice is yours. Adding even more value is a detached 4-car garage, offering excellent potential for storage, workshop space, contractor use, hobbyists, or additional rental income opportunities. The property features newer gas furnaces and hot water heaters, providing a solid foundation for future improvements. With great bones and tremendous upside potential, this is an ideal opportunity for those looking to renovate, build equity, or expand their investment portfolio. Conveniently located near parks, schools, shopping, public transportation, Newark Liberty International Airport, and major highways. Situated approximately 2 miles from the exciting new Lionsgate Newark Studios development, a transformative project expected to bring jobs, investment, and continued growth to the area. Buyer is responsible for all inspections, certifications, municipal requirements, Certificate of Occupancy, and any and ALL repairs required to close.

Details

MLS #4036447
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Year1941
Days On Site105
Listing Provided ByREAL | FELICIA M. HANKERSON

Features

Bath(s) 2 Total
Garage4
BasementY

Taxes

Property4486

Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07114
AreaEssex
Listing VS Median (in 07114)
Price:
$475,000
low | high
Med:
$309,000
84.947368421053% of Average
On site:
105
low | high
Med:
147
71.428571428571% of Average
Sourced by Back At You

Market Activity 07114

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Learn More About This Property

StateNJ
CountyEssex
CityNewark City
Zip Code07114
AreaEssex
Listing VS Median (in 07114)
Price:
$475,000
low | high
Med:
$309,000
84.947368421053% of Average
On site:
105
low | high
Med:
147
71.428571428571% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $356K - $593K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
72-74 Hanford Street Property Photo 1
$475,000
72-74 Hanford Street
Newark, NJ 07114
21 Evergreen Ave Property Photo 1
$575,000
21 Evergreen Ave
Newark City, NJ 07114
Listing Updated: October 1, 2026 at 7:58:43 AM PDT