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Renovated Three-Unit Residential Property

203-205 Hansbury, Newark, NJ 07112

For Sale
New
$799,000

2-4 Family, Newark, NJ

Property SizeContact for details
Days on Market1

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 5, Bedroom 2, Bedroom 4, Bedroom 7, Bathroom 2, Basement, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 3
Subdivision Newark
Standard status Active

Additional Details

Individually Metered Utilities unspecified utilities

Building Details

Buildings 1
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License NJ #281797
Added: Nov 9 Last Checked: Nov 9 at 1:06PM
MLS# 26042412

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.

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential property has been renovated and is fully vacant. The first and second apartments each contain three bedrooms, one full bathroom, and a den; the third has one bedroom and one full bathroom.

The basement features high ceilings and installed sheetrock ceilings. Each apartment has its own utility meter, and rear parking accommodates multiple vehicles.

Key Highlights

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

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road 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

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

$364 Jul
$260 Aug
$262 Sep
$237 Oct

Properties on Market for Triplexes 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?
Triplex - Separate utility meters serve each apartment, with rear parking available for multiple vehicles.
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 $799,000.
What are key features of this property?
This property features: Three apartments: two with 3 bedrooms, 1 full bathroom, and a den; one with 1 bedroom and 1 full bathroom; Fully vacant and renovated; Separate utility meters for each apartment
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