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  • $475,000

    72 Hanford St, Newark City, NJ 07114

    2beds
    2,940sqft
    : 
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    Multi Family
    Built in 1941
    -- sqft lot
    $498,700 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    Large eat-in kitchenVersatile bonus roomNewer gas furnacesTwo spacious units
    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.
    19 days
    |
    147
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Felicia M. Hankerson 973-868-8076,

    Real

    Source: GSMLS,MLS#: 4036447MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 2 Units, Forced Air, Natural Gas
      Appliances
      • Included: See Remarks, Gas Water Heater, Water Heater (See Remarks)
      Features
      • Bedrooms, Den, Dining Room, Eat-in Kitchen, Eat-In Kitchen
      • Basement: Yes,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,940
      • Total interior livable area: 2,940 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: See Remarks, Detached Garage
      • Garage spaces: 4
      • Uncovered spaces: 4
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 40 x 116.7
      Details
      • Parcel number: 1614037560000000160000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding, Wood Siding
      • Roof: Asphalt Shingle
      Condition
      • Fixer
      • Year built: 1941

      Utilities & green energy

      • Gas: Gas In Street, Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Gas In Street, Natural Gas Connected, Cable Available

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $162/sqft
      • Tax assessed value: $112,200
      • Annual tax amount: $4,486
      • Date on market: 6/24/2026
      • Total actual rent: 1446
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        $498,700

        $474,000 - $529,000

        $1,887/mo

        Price history

        DateEventPrice
        6/24/2026Listed for sale$475,000$162/sqft
        Source: GSMLS #4036447 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Dayton-Weequahic Park

        Getting around

        57 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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