63 Hobson St
Newark City, NJ 07112
Price: $525,000
GSMLS: 4021840Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 5
Baths: 2 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $7,366
Description
Prime Two-Unit Opportunity " Income & Upside PotentialAttractive two-unit property offering a total of 5 bedrooms and 2 full bathrooms on a 25 x 104 lot. Perfect for investors or owner-occupants, this property features a brick and shingle exterior, central AC, hot air heating, and two parking spaces.Unit 1 includes 2 beds and 1 bath and is tenant-occupied, generating $1,750/month in rental income. Unit 2 offers 3 beds and 1 bath and is vacant, ready for immediate occupancy or to lease at market rent.A great opportunity to collect income while maximizing future value don't miss this versatile and income-producing property!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
No
Interior:
n/a
Roof:
Composition Shingle
Exterior:
Brick, See Remarks
Lot Size:
25X104
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width, See Remarks
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Range/Oven - Gas, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
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
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:
2 Units, Forced Hot Air, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
See Remarks
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$525,000
Tax Amount:
$7,366
Land Assessment:
$26,300
Build. Assessment:
$167,400
Total Assessment:
$193,700
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4021840
List Date:
04-20-2026
Days On Market:
0
Listing Broker:
CORCORAN SAWYER SMITH
Listing Agent:
Corrado Giancaspro
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
