Property

Newark City, NJ 07112 203-205 Hansbury Ave

Pending
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Presented By: EXP REALTY, LLC; 973-435-7679
  • MLS# 3990109
  • 10/01/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3
  • Garage • 2

Home Details

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.
Presented By: EXP REALTY, LLC; 973-435-7679

Interior Features for 203-205 Hansbury Ave

Bedrooms

Total Bedrooms5
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total1

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total0.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 3 Appl/EquipRange/Oven - Gas, Smoke Detector
BasementFull, Unfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms6
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen
Unit 1 Room DescriptionBedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Pantry
Unit 2 Room DescriptionBedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Pantry

General for 203-205 Hansbury Ave

Architectural Style3-Three Story
CoolingNone
CountyEssex
DirectionsMaple Avenue to Hansbury Avenue. Located in desirable Weequahic Section.
Drive1 Car Width, Blacktop
EasementUnknown
Elementary SchoolMAPLE AVE
Farm AssessmentNo
Full Baths3
GarageDetached Garage
Garage Spaces2
Gross Income
Heating3 Units, Radiators - Steam
High SchoolWEEQUAHIC
Home Warranty Y/NNo
Middle/Junior High SchoolMAPLE AVE
Net Operating Income
Number Of Units Total3
Open Parking Spaces4
Operating Expense0
PossessionAt Closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Subdivision NameWeequahic Section
Tax Annual Amount6518
Tax Assessed Value171400
Tax Lot33
Tax Year2024
Total Rooms15
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1924
Zoning3-fam

Exterior for 203-205 Hansbury Ave

Exterior AmenitiesSee Remarks, Sidewalk, Storm Door(s), Storm Window(s)
Exterior DescriptionAluminum Siding
Lot Dimensions40X100
Lot FeaturesLevel Lot
Lot Size Acres0.09
Water SourcePublic Water

Additional Details

Price History

Schools

High School Weequahic High School
Middle School Maple Ave Middle School
Elementary School Maple Ave Elementary School

Tina Torres

Broker/Owner
Price $549,900
MLS#3990109
List Date 10/01/2025
Property Type Pending
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