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Renovated Triplex
New
For Sale
$849,000

203-205 Hansbury, Newark, NJ 07112

2-4 Family, Newark, NJ

Property SizeContact for details
Days on Market4

Property Features for 203-205 Hansbury

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 6, Bedroom 2, Basement, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3
Subdivision Newark
Standard status Active
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License #281797
Added: Oct 12 Changed: Oct 14 Last Checked: Oct 15 at 11:06AM
MLS# 26038913

Copyright © 2026 New Jersey MLS Inc. 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 renovated Newark triplex contains three vacant apartments. The first and second floors each have three bedrooms, one full bathroom, and a den; the third-floor unit has one bedroom and one full bathroom. Utilities are metered separately for each apartment.

The basement has high ceilings and sheetrock ceilings already installed. Rear parking accommodates multiple vehicles.

Key Highlights

  • Three vacant apartments: two with 3 bedrooms, 1 full bathroom, and a den; one with 1 bedroom and 1 full bathroom
  • Renovated interior
  • Separate utility meters for each apartment

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store

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

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,662
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
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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?
Triplex - Three vacant apartments offer distinct bedroom configurations, separate utility meters, and rear parking.
Where is this triplex located?
The property is located at 203-205 Hansbury Newark, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Three vacant apartments: two with 3 bedrooms, 1 full bathroom, and a den; one with 1 bedroom and 1 full bathroom; Renovated interior; Separate utility meters for each apartment
More about this property
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