Property

Newark City, NJ 07112 303 Hobson St

Presented By: KELLER WILLIAMS TEAM REALTY; 973-253-2800
  • MLS# 3890435
  • 03/12/2024
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  • Beds • 8
  • Baths • 4

Home Details

Discover a rare find. Invest in a legal 4-family home in Newark with low taxes. Each unit has separate boilers and meters, making this home an ideal investment with strong positive cash flow. This property is a golden opportunity for you. Realtor is related to the seller. Property is being sold as-is. Buyer is responsible for the certificate of occupancy.
Presented By: KELLER WILLIAMS TEAM REALTY; 973-253-2800

Interior Features for 303 Hobson St

Bedrooms

Total Bedrooms8
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2

Bathrooms

Full Baths4
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent9999
UnitType2TotalRent9999
UnitType3TotalRent9999
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbMDet, CookGas, SmokeDet
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas
Unit 2 Appl/EquipSmoke Detector
Unit 3 Appl/EquipCarbMDet, CookGas, SmokeDet
BasementUnfinished
Fuel TypeGas-Natural

Other Rooms

Unit 4 Rooms4
Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room
Unit 4 Room DescriptionBedrooms, Kitchen, Living Room

General for 303 Hobson St

Architectural StyleSee Remarks
CoolingWindow A/C(s)
CountyEssex
Days on Market22
DirectionsPlease use GPS.
Drive2 Car Width
EasementNo
Exclusionspersonalty
Gross Income61200
HeatingBaseboard - Hotwater
Net Operating Income56400
Open Parking Spaces3
Operating Expense4800
Possession0-30
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameHobson St
Tax Annual Amount10565
Tax Assessed Value341700
Tax Lot55
Tax Year2023
Total Rooms16
Total Units4
Town #1614
TownshipNewark City
UtilitiesGas-Natural

Exterior for 303 Hobson St

Exterior DescriptionAluminum Siding
Lot Dimensions41X101
Lot Size Acres0.10
Water SourcePublic Water

Additional Details

Price History

Ebonie Clerier

Associate
Price $670,000
MLS#3890435
List Date 03/12/2024
Property Type Multi-Family
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