Two-Family Residential Income
For Sale
$550,000
Pending
15 Hobson St, Newark, NJ 07112
Two spacious units offer separate bedroom and bathroom configurations, with an unfinished basement for added flexibility.
Property SizeContact for details
Days on Market88
Property Features for 15 Hobson St
General Information
Standard status
Pending
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,391
Building Details
Year Built
1905
Units
2
Listing Agency:
IDENTITY PROPERTIES
(908) 333-2922
Listed By:
SYDNEY M. WHITE
Source:
Elliman
Added: Jun 4
Changed: Aug 26
Last Checked: Aug 29 at 9:11AM
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 IDENTITY PROPERTIES
Investment Insights
Based on property information with market context.
This two-family home features a versatile layout with two separate residential units. The first unit includes 3 bedrooms and 1 full bathroom, while the second unit includes 3 bedrooms and 2 full bathrooms. An unfinished basement adds additional space and potential for future improvements. The property is being sold strictly AS-IS.
Located in Newark’s Weequahic section, the home provides convenient access to Weequahic Park, Weequahic Golf Course, and Independence Park. It is also described as being near transportation options, shopping, dining, schools, houses of worship, and neighborhood services, with access to Newark Penn Station and connections to New York City and throughout New Jersey.
With two self-contained units and a basement that is ready for finishing, the property offers a practical configuration for owner-occupancy and rental use within an established residential area.
Located in Newark’s Weequahic section, the home provides convenient access to Weequahic Park, Weequahic Golf Course, and Independence Park. It is also described as being near transportation options, shopping, dining, schools, houses of worship, and neighborhood services, with access to Newark Penn Station and connections to New York City and throughout New Jersey.
With two self-contained units and a basement that is ready for finishing, the property offers a practical configuration for owner-occupancy and rental use within an established residential area.
Key Highlights
- Two‑family home built in 1905 with a versatile layout and two separate units
- First unit offers 3 bedrooms and 1 full bathroom
- Second unit offers 3 bedrooms and 2 full bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
Demographics for 07112, NJ
29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two spacious units offer separate bedroom and bathroom configurations, with an unfinished basement for added flexibility.
Where is this duplex located?
The property is located at 15 Hobson St Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑family home built in 1905 with a versatile layout and two separate units; First unit offers 3 bedrooms and 1 full bathroom; Second unit offers 3 bedrooms and 2 full bathrooms
