72 Hanford St, Newark, NJ 07114-1129

Beds
2
Baths
2
Garage
Yes

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Listed byREAL
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
2
Number of bathrooms
2
Lot size (acres)
0.11
Year built
1941

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
4

Utilities

Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$4,486

Public schools

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Sourced from: Garden State MLS MLS®#: 4036447 Last checked:

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