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207 Hansbury Ave Newark, NJ 07112

For Sale
$549,900

Legal 3-family home in Newark, ready for renovation.

Lot size:
0.09 Acres

Property Features for 207 Hansbury Ave

General Information

Lot size
0.09 Acres

Building Details

Year built
1925

Source: EXP REALTY, LLC Agent JUSTIN KILISZEK

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Newark Triplex Ready For Renovation

This legal 3-family home in Newark presents an opportunity for renovation, offering potential for income generation and long-term value. The property features layouts with hardwood flooring, multiple kitchens, and living space. The property requires a full rehab. It is suited 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. The property is located near schools, shopping, major highways, and public transportation. The property is being sold as-is, and the buyer is responsible for all municipal certificates and inspections.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.2184068
Latitude
40.7070639

FAQs

What type of property is this?
Multifamily property - Legal 3-family home in Newark, ready for renovation.
Where is this multifamily property located?
The property is located at 207 Hansbury Ave Newark, NJ.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: - Legal 3-family home: Ideal for owner-occupants or investors.; - Income potential: Opportunity to offset mortgage costs through rental income.; - Generous layouts: Each unit offers ample living space.
More about this property
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