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Four-Unit Multifamily Property
New
For Sale
$995,000

15 Hensler St, Newark, NJ 07105

Multi-Family, Duplex-Side by Side, Newark City, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market7

Property Features for 15 Hensler St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 6, Basement, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 3
Parking 1
Subdivision Ironbound
Lot features Corner
Directions Alyea St turn onto Henlser St. House is on the corner of Alyea and Hensler St.
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14236

Utilities

Sewer type Public Sewer
Water source Public

Amenities

finished basement
rec room
full bath
storage rooms
walkout stairs
coin-operated washer/dryer sets

Building Details

Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX LIFETIME REALTORS · RE/MAX International
Listed By: DYANA LIBORIO · License #311124
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 27 at 2:06PM
MLS# 4054221

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This corner four-unit property includes three two-bedroom apartments and one one-bedroom apartment. Each unit has one full bathroom, a living room, and an updated kitchen, with separate utilities serving the apartments. The property also includes a new shingle roof and a finished basement with a recreation room, full bathroom, two storage rooms, walkout stairs, and two coin-operated washer and dryer sets.

Parking includes a three-car garage and one gated space. The property sits in Newark’s Ironbound section, on the same block as Wilson Avenue School and across from restaurants and supermarkets. Ferry Street is nearby, providing access to transportation, shopping, and dining. Public water and public sewer serve the property on a 0.07-acre lot.

Key Highlights

  • Four‑unit layout with three 2‑bedroom apartments and one 1‑bedroom apartment
  • Separate utilities for each unit
  • Finished basement with recreation room, full bath, 2 storage rooms, and walkout stairs

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Tanning Salon Adult Day Care Nursing Home

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
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,368
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Corner multifamily property with varied unit layouts, separate utilities, a finished basement, and garage parking.
Where is this quadplex located?
The property is located at 15 Hensler St Newark, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four‑unit layout with three 2‑bedroom apartments and one 1‑bedroom apartment; Separate utilities for each unit; Finished basement with recreation room, full bath, 2 storage rooms, and walkout stairs
More about this property
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