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Four-Unit Multifamily Property
For Sale
$829,000

37 Hanford St, Newark, NJ 07114

Multifamily property with individual kitchens, laundry rooms, off-street parking, and a detached garage.

Property SizeContact for details
Days on Market10

Property Features for 37 Hanford St

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA, 2 x 3BR/2BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $13,628

Building Details

Year Built 1922
Buildings 1
Units 4
Listing Agency: Keller Williams Mid-Town Direct Realty
Listed By: TOVIA LICHTMAN · License #306876
Source: Elliman
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 28 at 1:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Mid-Town Direct Realty

Investment Insights

Based on property information with market context.

Built in 1922, this four-unit multifamily property provides a total of nine bedrooms and four full bathrooms. The unit mix includes two one-bedroom residences, along with two three-bedroom, two-level units. Each residence has a combined living and dining area, a kitchen, and a dedicated laundry room. Baseboard hot-water heating serves all four units.

The property includes an unfinished basement for storage, a two-car-wide driveway, and a detached garage. It is located at 37 Hanford St in Newark, New Jersey, with walkability and transit access reflected by a Walk Score of 57 and a Transit Score of 42. The Bike Score is 49.

Key Highlights

  • Four separate units with nine bedrooms and four full bathrooms
  • Unit mix includes two one‑bedroom units and two three‑bedroom, two‑level units
  • Individual kitchens and dedicated laundry rooms in every unit

Property Analytics

Current Use

Ummi Stitches (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair Skin Care Clinic Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Multifamily property with individual kitchens, laundry rooms, off-street parking, and a detached garage.
Where is this quadplex located?
The property is located at 37 Hanford St Newark, NJ.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Four separate units with nine bedrooms and four full bathrooms; Unit mix includes two one‑bedroom units and two three‑bedroom, two‑level units; Individual kitchens and dedicated laundry rooms in every unit
More about this property
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