72 Hanford St, Newark City NJ 07114-1129

Property City
Newark City
Property Price
$475,000
Bedrooms
2
Year Built
1941
Tax Annual Amount
$4486
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.11
MLS Status
Active
MLS #
4036447

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.

Yearly Tax Rate
3.999
Year Built (*numeric)
1941
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
2
Basement (*text)
Yes
Cooling (*text)
None
GarageSpaces
4
Heating
2 Units, Forced Hot Air
Lot Size Dimensions
40X116.7
Property Location

40.69201, -74.204

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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762