Prime Two-Unit Opportunity " Income & Upside PotentialAttractive two-unit property offering a total of 5 bedrooms and 2 full bathrooms on a 25 x 104 lot. Perfect for investors or owner-occupants, this property features a brick and shingle exterior, central AC, hot air heating, and two parking spaces.Unit 1 includes 2 beds and 1 bath and is tenant-occupied, generating $1,750/month in rental income. Unit 2 offers 3 beds and 1 bath and is vacant, ready for immediate occupancy or to lease at market rent.A great opportunity to collect income while maximizing future value don't miss this versatile and income-producing property!
Under contract
$525,000
63 Hobson St, Newark City, NJ 07112
5beds
--sqft
Multi Family
Built in 2000
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Brick and shingle exteriorTwo parking spacesCentral acHot air heating
- 74 days |
- 24 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Corrado Giancaspro 201-610-1010,
Corcoran Sawyer Smith
Source: GSMLS,MLS#: 4021840
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 2 Units, Forced Air, See Remarks, Natural Gas
Cooling
- 2 Units, Central Air
Appliances
- Included: Dishwasher, Range/Oven - Gas, See Remarks
- Laundry: Laundry Room
Features
- Bedrooms, Dining Room, Eat-in Kitchen, Living Room, See Remarks, Eat-In Kitchen
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Width, See Remarks
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 104
Details
- Parcel number: 1614030650000000350000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, See Remarks
- Roof: Composition Shingle
Condition
- Year built: 2000
Utilities & green energy
- Sewer: See Remarks
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Fire Alarm System, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $193,700
- Annual tax amount: $7,366
- Date on market: 4/20/2026
- Total actual rent: 1750
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Pending sale | $525,000 |
Source:  GSMLS #4021840 Report a problem | ||
| 4/20/2026 | Listed for sale | $525,000+35% |
Source: GSMLS #4021840 Report a problem | ||
| 6/2/2021 | Listing removed | -- |
Source:  New Jersey Multiple Listing Service, Inc Report a problem | ||
| 10/29/2020 | Listed for sale | $389,000+29.7% |
Source: ONEWAY REALTY #3675225 Report a problem | ||
| 7/19/2006 | Sold | $300,000+20% |
Source: Public Record Report a problem | ||
| 1/18/2005 | Sold | $250,000+67.8% |
Source: Public Record Report a problem | ||
| 11/21/2000 | Sold | $149,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,746 +5.2% | $193,700 |
| 2024 | $7,366 +0.1% | $193,700 |
| 2023 | $7,361 | $193,700 |
| 2022 | $7,361 | $193,700 |
| 2021 | $7,361 +1% | $193,700 |
| 2020 | $7,285 +41.6% | $193,700 |
| 2019 | $5,146 | $193,700 |
| 2018 | $5,146 -22.8% | $193,700 |
| 2017 | $6,663 +4% | $193,700 |
| 2016 | $6,410 +6.7% | $193,700 |
| 2015 | $6,007 +5% | $193,700 |
| 2014 | $5,720 -12.8% | $193,700 |
| 2013 | $6,562 +3.7% | $193,700 +1.9% |
| 2012 | $6,327 +4.7% | $190,100 |
| 2011 | $6,045 +16.1% | $190,100 |
| 2010 | $5,207 +5.4% | $190,100 |
| 2009 | $4,941 +4.4% | $190,100 |
| 2008 | $4,733 | $190,100 |
| 2007 | $4,733 | $190,100 |
| 2006 | -- | $190,100 |
| 2005 | -- | $190,100 |
| 2004 | $648 | $190,100 +784.2% |
| 2002 | -- | $21,500 |
| 2001 | -- | $21,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Upper Clinton Hill
Nearby schools
GreatSchools rating
- 3/10Hawthorne Avenue Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Weequahic High SchoolGrades: 9-12Distance: 0.6 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.2 mi
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A local lender can help you make sure your offer is ready when you are.
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