203-205 Hansbury Ave
Newark City, NJ 07112
Price: $549,900
GSMLS: 3990109Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 5
Baths: 3 Full
Garage: 2-Car
Year Built: 1924
Acres: 0.09
Property Tax: $6,518
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
40X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width, Blacktop
Spaces Available:
4
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Pantry
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Pantry
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
n/a
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
MAPLE AVE
Middle:
MAPLE AVE
High School:
WEEQUAHIC
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Weequahic Section
Financial Considerations
List Price:
$549,900
Tax Amount:
$6,518
Land Assessment:
$28,500
Build. Assessment:
$142,900
Total Assessment:
$171,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3990109
List Date:
10-01-2025
Days On Market:
1
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
