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Eric DeSilva

eric.desilva@exprealty.com +1(973) 542-9302

$ 549,900

Est. payment -/mo

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Under Contract

207-209 Hansbury Ave Newark City, NJ 07112

5 Beds

3 Baths

2,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $249

Subdivision Weequahic Section

MLS Listing ID 3990118

Style 3-Three Story

Bedrooms 5

Full Baths 3

Year Built 1925

Annual Tax Amount $6,788

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Excellent investment or owner-occupant opportunity in Newark! This legal 3-family home is ready for renovation and offers tremendous potential for both income generation and long-term value. Each unit features generous layouts with hardwood flooring, multiple kitchens, and ample living space. While the property requires a full rehab, it presents the perfect chance for an owner-occupant to live in one unit and rent out the others to offset mortgage costs, or for investors to maximize rental income. Located near schools, shopping, major highways, and public transportation. Being sold strictly as-is buyer responsible for all municipal certificates and inspections.

Location

State NJ

County Essex

Zoning Residential

Rooms

Basement Full, Unfinished

Interior

Interior Features Carbon Monoxide Detector

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools Maple Ave

Middle Schools Maple Ave

High Schools Weequahic

Others

Senior Community No

Listed by EXP REALTY, LLC

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

6

Clinton Elementary School

Public | PK - 5
6

Mt. Vernon Place Elementary School

Public | PK - 8
6

George Washington School

Public | 5 - 5
5

Washington Elementary School

Public | PK - 4
5

Sherman Elementary School

Public | KG - 5
5

Newark Legacy Charter School

Public | KG - 4
5

Dr. Antonia Pantoja School #27

Public | PK - 8
5

Dr. Orlando Edreira Academy School No. 26

Public | PK - 8
5

Dr. Albert Einstein Academy School No. 29

Public | PK - 8
5

Ronald Reagan Academy School No. 30

Public | PK - 8
5

Madison Monroe School #16

Public | PK - 8
5

New Horizons Community Charter School

Public | KG - 5
5

Phillip's Academy Charter School

Public | KG - 8
4

Seth Boyden Elementary Demonstration School

Public | KG - 5
4

Florence Avenue School

Public | KG - 5
4

Ivy Hill Elementary School

Public | PK - 8
4

Elmore School #12

Public | PK - 8
4

Hurden Looker School

Public | 3 - 4
4

Burch Charter School of Excellence

Public | KG - 5
4

Benjamin Banneker Academy

Public | PK - 8

Middle Schools 20

9

Science Park High School

Public | 7 - 12
7

Great Oaks Charter School

Public | 6 - 9
6

Kawameeh Middle School

Public | 6 - 8
5

South Orange Middle School

Public | 6 - 8
5

Arts High School

Public | 7 - 12
4

Krumbiegel Middle School

Public | 6 - 8
4

University High School

Public | 7 - 12
4

American History High School

Public | 6 - 12
3

Union Avenue Middle School

Public | 6 - 8
3

Universiy Middle School

Public | 6 - 8
2

Merit Preparatory Charter School of Newark

Public | 6 - 7
1

Eagle Academy

Public | 6 - 7
1

Newark Early College High School

Public | 6 - 10
0

Rav Teitz Mesivta Academy

Private | 6 - 12
0

Bruriah High School for Girls

Private | 7 - 12
0

Fast Track Success Academy

Public | 6 - 12
0

Elyon Learning Center Academy

Private | 8 - 12
0

Link Community School

Private | 7 - 8
0

St Benedict's Preparatory School

Private | 7 - 12
0

Alif Muhammad's Nia School

Private | 8 - 12

High Schools 19

8

Bard Early College High School

Public | 9 - 12
7

Alexander Hamilton Preparatory Academy

Public | 9 - 12
5

Newark Tech

Public | 9 - 12
3

Hillside High School

Public | 9 - 12
3

People's Preparatory Charter School

Public | 9 - 11
2

Thomas Jefferson Arts Academy

Public | 9 - 12
2

Newark Vocational High School

Public | 9 - 12
1

Irvington High School

Public | 9 - 12
1

Weequahic High School

Public | 9 - 12
1

West Side High School

Public | 9 - 12
1

Central High School

Public | 9 - 12
1

Malcom X Shabazz High School

Public | 9 - 12
1

Paulo Freire Charter School

Public | 9 - 10
0

Benedictine Academy

Private | 9 - 12
0

Newark Bridges High School

Public | 9 - 12
0

Newark Innovation Academy

Public | 9 - 12
0

Newark Leadership Academy

Public | 9 - 12
0

St Vincent Academy

Private | 9 - 12
0

Visions Academy Charter High School

Public | 9 - 12

School and business data provided by Attom Data.