Property

Newark City, NJ 07114 72 Hanford St

72 Hanford St Newark City, NJ - Image 172 Hanford St Newark City, NJ - Image 272 Hanford St Newark City, NJ - Image 3
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72 Hanford St Newark City, NJ - Image 472 Hanford St Newark City, NJ - Image 572 Hanford St Newark City, NJ - Image 672 Hanford St Newark City, NJ - Image 7
Presented By: REAL
  • MLS# 4036447
  • 06/23/2026
  • Request Tour
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  • Beds • 2
  • Baths • 2
  • Garage • 4

Home Details

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.
Presented By: REAL

Interior Features for 72 Hanford St

Bedrooms

Total Bedrooms2
Unit 1 Beds Total2
Unit 2 Beds Total2

Bathrooms

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

Other Interior Features

Unit 1 Sq Ft1470
Unit 2 Sq Ft1470
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent0
UnitType2TotalRent1446
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
BasementFull, Unfinished
Fuel TypeGas-Natural, See Remarks

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms5
Unit 1 Room DescriptionBedrooms, Den, Dining Room, Eat-In Kitchen
Unit 2 Room DescriptionBedrooms, Den, Dining Room, Eat-In Kitchen

General for 72 Hanford St

Architectural StyleDuplex-Side by Side, Fixer Upper
CoolingNone
CountyEssex
DirectionsCross Ave to Evergreen Ave to Hanford St
DriveSee Remarks
EasementUnknown
Farm AssessmentNo
Full Baths2
GarageDetached Garage
Garage Spaces4
Gross Income9999
Heating2 Units, Forced Hot Air
Home Warranty Y/NNo
Net Operating Income99999
Number Of Units Total2
Open Parking Spaces4
Operating Expense9999
PossessionASAP
RoofAsphalt Shingle
ServicesCable TV Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4486
Tax Assessed Value112200
Tax Lot16
Tax Year2025
Total Rooms10
Town #1614
TownshipNewark City
UtilitiesElectric, Gas In Street, Gas-Natural
Water HeaterGas, See Remarks
Year Built1941

Exterior for 72 Hanford St

Exterior DescriptionVinyl Siding, Wood
Lot Dimensions40X116.7
Lot Size Acres0.11
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $475,000
MLS#4036447
List Date 06/23/2026
Property Type Multi-Family
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