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Side-by-Side Duplex with Garage
For Sale
$475,000
Pending

72 Hanford St, Newark, NJ 07114

Multi-Family, Duplex-Side by Side, Fixer Upper, Newark City, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market113

Property Features for 72 Hanford St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 2
Parking 4
Directions Cross Ave to Evergreen Ave to Hanford St
Standard status Pending
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: Sep 20 Last Checked: Oct 13 at 5:06AM
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 contains two residential units, with each offering two bedrooms, a living room, an eat-in kitchen, and a bonus room. The additional room can serve as dining, office, play, den, or living space. A detached 4-car garage provides substantial secondary space for storage, workshop use, contractor activities, hobbies, or potential rental use. The property includes newer gas furnaces and hot water heaters, along with forced-air heating, public water, and public sewer.

Built in 1941 on a 0.11-acre lot, the property requires renovation and may involve repairs, inspections, certifications, municipal requirements, and a Certificate of Occupancy before closing. It is near parks, schools, shopping, public transportation, Newark Liberty International Airport, and major highways. The property is approximately 2 miles from the Lionsgate Newark Studios development.

Key Highlights

  • Side‑by‑side duplex with 2 residential units
  • Each unit includes 2 bedrooms, a living room, eat‑in kitchen, and bonus room
  • Detached 4‑car garage

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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
Yes
Highway access

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

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 - Two residential units feature eat-in kitchens, bonus rooms, and updated mechanical equipment.
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: Side‑by‑side duplex with 2 residential units; Each unit includes 2 bedrooms, a living room, eat‑in kitchen, and bonus room; Detached 4‑car garage
More about this property
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