72 Hanford St
Newark, NJ, 07114 $ 475,000
Bedrooms2 Baths2.0 Monthly Estimate*
$ 2,999
for $475,000 with 2 bedrooms and 2 full baths. This home was built in 1941 on a lot size of 0.11.
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.
See more
Multi-Family ActiveDuplex-Side by Side, Fixer Upper
FeaturesGeneralSewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling None
Utilities Electric Gas In Street Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Water Heater Gas See Remarks
Garage Spaces 4
Architectural Style Duplex-Side by Side Fixer Upper
Year Built 1941
Garage Detached Garage
Township Newark City
Tax Year 2025
Gross Income 9999
County Essex
Net Operating Income 99999
Operating Expense 9999
Total Rooms 10
Full Baths 2
Status Active
Directions Cross Ave to Evergreen Ave to Hanford St
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 4486
Home Warranty Y/N No
Drive See Remarks
Standard Status Active
Tax Assessed Value 112200
Town # 1614
Tax Lot 16
Farm Assessment No
See more
InteriorBasement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural See Remarks
Half Baths 0
Total Bedrooms 2
See more
ExteriorWater Source Public Water
Exterior Description Vinyl Siding Wood
Lot Dimensions 40X116.7
Lot Size Acres 0.11
See more
* Excluded FeaturesList ByFELICIA M. HANKERSONListing Agent
BuyFeliciaslistings@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,999
- Monthly Property Taxes
- $374
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $730,907
Percent of Sale Price 54%
About Newark, NJ 283,201 Population
4% Since 2002
$ 35,768 Median Income
34.98 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $475,000 | | Listed Price |