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Duplex with Basement

194 Hobson St, Newark, NJ 07112

For Sale
New
$600,000

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market5

Property Features for 194 Hobson St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Basement, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking 5
Elementary school G CARVER
Middle school G CARVER
High school WEEQUAHIC
Directions Fabyan Place to Lyons Ave to Hobson st to 196
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6526

Utilities

Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1922
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS METROPOLITAN · Keller Williams Realty
Listed By: KIMBERLY FRANCOIS
Added: Nov 9 Last Checked: Nov 13 at 11:06PM
MLS# 4063727

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two residential units, four bedrooms, two bathrooms, and a basement. Heating is provided by hot-water baseboard systems, and the roof is shingle. The property was built in 1922 and occupies a 0.09-acre lot in Newark, New Jersey.

The sale is offered in as-is condition.

Key Highlights

  • Two residential units
  • Four bedrooms and two bathrooms
  • Basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,776
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Newark, NJ

$329 Jul
$288 Aug
$231 Sep
$236 Oct

Properties on Market for Duplexes in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate living spaces, with a basement and hot-water baseboard heating.
Where is this duplex located?
The property is located at 194 Hobson St Newark, NJ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two residential units; Four bedrooms and two bathrooms; Basement
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