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Side-By-Side Duplex with Detached Garage
For Sale
$475,000

72 Hanford St, Newark, NJ 07114

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market50

Property Features for 72 Hanford St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking 4
Directions Cross Ave to Evergreen Ave to Hanford St
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4486

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1941
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REAL
Listed By: FELICIA M. HANKERSON · License #240507
Added: Jun 23 Changed: Aug 3 Last Checked: Aug 11 at 8:06AM
MLS# 4036447

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 side-by-side duplex in Newark City offers two separate units, each with two bedrooms, a living room, and a large eat-in kitchen. Each unit also includes a versatile bonus room that can serve as a dining room, den, home office, playroom, or additional living space.

The property includes a detached 4-car garage, providing space for storage, a workshop, contractor use, hobby activities, or potential added rental flexibility. Updates include newer gas furnaces and hot water heaters. Built in 1941, the home has forced-air heating and a shingle roof, with public water and public sewer services. Cable service is available.

The property is located near parks, schools, shopping, public transportation, Newark Liberty International Airport, and major highways, and is approximately 2 miles from the Lionsgate Newark Studios development.

Key Highlights

  • Detached 4‑car garage for storage, workshop, or contractor use
  • Two side‑by‑side units, each with two bedrooms, living room, and eat‑in kitchen
  • Bonus room in each unit for dining, den, home office, playroom, or extra living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center Kitchen & Bath Showroom Electrical Service Nursing Home

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

620
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?
Duplex - Side-by-side duplex on public utilities with detached 4-car garage and multiple bonus-room options.
Where is this duplex located?
The property is located at 72 Hanford St Newark, NJ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Detached 4‑car garage for storage, workshop, or contractor use; Two side‑by‑side units, each with two bedrooms, living room, and eat‑in kitchen; Bonus room in each unit for dining, den, home office, playroom, or extra living space
More about this property
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