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Four-Unit Multifamily Property
For Sale
$829,000

37 Hanford St, Newark, NJ 07114

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

Property SizeContact for details
Lot Size0.11 Acres
Days on Market11

Property Features for 37 Hanford St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 9, Bathroom 6, Bedroom 3, Bathroom 5, Basement, Bathroom 4, Bedroom 1, Bedroom 8, Bedroom 4, Bedroom 5
Parking 2
Directions Frelinghuysen Ave to Evergreen Ave to Handford St
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13628

Utilities

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

Amenities

dedicated laundry room
unfinished basement

Building Details

Year built 1922
Floors in Building 2
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS MID-TOWN DIRECT · Keller Williams Realty
Listed By: TOVIA LICHTMAN · License #306876
Added: Aug 19 Changed: Aug 27 Last Checked: Aug 29 at 9:06AM
MLS# 4047826

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 four-unit residential property at 37 Hanford St includes nine bedrooms arranged across varied floor plans. The first unit has two bedrooms, while the second has one; the remaining two units extend across two levels and each includes three bedrooms. Every unit provides a combined living and dining area, a kitchen, and a dedicated laundry room. Heating is supplied through hot-water baseboard systems.

The property sits on a 0.11-acre lot in Newark City and includes an unfinished basement, a detached garage, and a two-car-wide driveway for off-street parking. Public water and public sewer serve the property, and the structure was built in 1922.

Key Highlights

  • Four separate residential units with a total of 9 bedrooms
  • 0.11‑acre lot in Newark City
  • Units 3 and 4 feature two‑level layouts with 3 bedrooms each

Property Analytics

Current Use

Ummi Stitches (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair Skin Care Clinic Kitchen & Bath Showroom HVAC Service

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

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value

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 - Nine-bedroom configuration with separate kitchens, laundry rooms, and off-street parking across four residential units.
Where is this quadplex located?
The property is located at 37 Hanford St Newark, NJ.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Four separate residential units with a total of 9 bedrooms; 0.11‑acre lot in Newark City; Units 3 and 4 feature two‑level layouts with 3 bedrooms each
More about this property
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