63 Hobson St Newark, NJ ^$ 525,000

63 Hobson St

^$ 525,000

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Recently Listed

63 Hobson St

Newark, NJ, 07112

^$ 525,000

Bedrooms5 Baths2.0

Monthly Estimate*

^$ 3,233

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Multi-Family Home for sale in Newark, NJ

for $525,000 with 5 bedrooms and 2 full baths. This home was built in 2000 on a lot size of 0.06.

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!

Multi-Family Active

Price

^$ 525,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,366

Style

2-Two Story

Lot Size

0.06

Year Built

2000

Town/City

Newark

County/Region

Essex

MLS | Web ID

4021840

Features

General

Sewer See Remarks

Heating 2 Units Forced Hot Air See Remarks

Cooling 2 Units Central Air

Utilities See Remarks

Possession ASAP

Roof Composition Shingle

Architectural Style 2-Two Story

Year Built 2000

Township Newark City

Tax Year 2024

Gross Income 0

County Essex

Net Operating Income 0

Operating Expense 0

Total Rooms 13

Full Baths 2

Status Active

Directions Dewey & Nye

Open Parking Spaces 2

Number Of Units Total 2

Tax Annual Amount 7366

Drive 2 Car Width See Remarks

Standard Status Active

Tax Assessed Value 193700

Town # 1614

Tax Lot 35

Exterior

Water Source Public Water

Exterior Description Brick See Remarks

Lot Dimensions 25X104

Lot Size Acres 0.06

Interior

Unit 1 Baths Total 1.0

Unit 1 Beds Total 2

Unit 2 Baths Total 1.0

Unit 2 Beds Total 3

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 5

* Excluded Features

List By

CORRADO GIANCASPRO

Listing Agent

Corcoran Sawyer Smith

Broker

cgiancaspro@corcoranss.com

Affordability Calculator

$3,846

Per Month

Monthly Principal & Interest: $3,233
Monthly Property Taxes: $614
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$737,915

Percent of Sale Price 41%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2026	$525,000		Listed Price

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63 Hobson St, Newark, NJ, 07112 is a Multi-Family Home for sale at $525,000 with a lot size of 0.06. 63 Hobson St has 5 bedrooms, 2.0 baths, and was built in 2000. The property's zip code is 07112 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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63 Hobson St

Multi-Family Home for sale in Newark, NJ

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