Bought with Felicia M. Hankerson Real
$391,000
$475,000
17.7%For more information regarding the value of a property, please contact us for a free consultation.
72-74 Hanford ST Newark, NJ 07114
4 Beds
2 Baths
Key Details
Sold Price $391,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 26023630
Sold Date 10/26/26
Style 2 Family
Bedrooms 4
Full Baths 2
Property Sub-Type 2 Family
Property Description
Exceptional Investment Opportunity in Newark! Calling all investors, contractors, developers, and savvy owner-occupants looking to capitalize on one of Newark's growing neighborhoods. This side-by-side duplex offers two spacious units, each featuring 2 bedrooms, a comfortable living room, large eat-in kitchen, and a versatile bonus room that can be used as a dining room, den, home office, playroom, or additional living space—the choice is yours. Adding even more value is a detached 4-car garage, offering excellent potential for storage, workshop space, contractor use, hobbyists, or additional rental income opportunities. The property features newer gas furnaces and hot water heaters, providing a solid foundation for future improvements. With great bones and tremendous upside potential, this is an ideal opportunity for those looking to renovate, build equity, or expand their investment portfolio. Conveniently located near parks, schools, shopping, public transportation, Newark Liberty International Airport, and major highways. Situated approximately 2 miles from the exciting new Lionsgate Newark Studios development, a transformative project expected to bring jobs, investment, and continued growth to the area. Buyer is responsible for all inspections, certifications, municipal requirements, Certificate of Occupancy, and any and ALL repairs required to close.
Location
State NJ
County Essex
Interior
Laundry None
Exterior
Garage Spaces 4.0
Read Less
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