207-209 Hansbury Ave Newark, NJ 07112
Weequahic NeighborhoodEstimated payment $3,458/month
Highlights
- 2 Car Detached Garage
- Storm Windows
- Level Lot
About This Home
Excellent investment or owner-occupant opportunity in Newark! This legal 3-family home is ready for renovation and offers tremendous potential for both income generation and long-term value. Each unit features generous layouts with hardwood flooring, multiple kitchens, and ample living space. While the property requires a full rehab, it presents the perfect chance for an owner-occupant to live in one unit and rent out the others to offset mortgage costs, or for investors to maximize rental income. Located near schools, shopping, major highways, and public transportation. Being sold strictly as-is buyer responsible for all municipal certificates and inspections.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,788
Year Built
- Built in 1925
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Common or Shared Parking
- Shared Driveway
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Home Security
- Storm Windows
- Storm Doors
Schools
- Maple Ave Elementary And Middle School
- Weequahic High School
Utilities
- Multiple Heating Units
- Radiator
- Standard Electricity
Community Details
- 2,200 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1614-03706-0000-00031-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,654 | $178,500 | $28,500 | $150,000 |
| 2024 | $6,654 | $178,500 | $28,500 | $150,000 |
| 2022 | $6,669 | $178,500 | $28,500 | $150,000 |
| 2021 | $6,665 | $178,500 | $28,500 | $150,000 |
| 2020 | $6,783 | $178,500 | $28,500 | $150,000 |
| 2019 | $6,713 | $178,500 | $28,500 | $150,000 |
| 2018 | $6,592 | $178,500 | $28,500 | $150,000 |
| 2017 | $6,355 | $178,500 | $28,500 | $150,000 |
| 2016 | $6,140 | $178,500 | $28,500 | $150,000 |
| 2015 | $5,907 | $178,500 | $28,500 | $150,000 |
| 2014 | $5,535 | $178,500 | $28,500 | $150,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2025 10/31/25 | Pending | -- | -- | -- | |
| 10/03/2025 10/03/25 | For Sale | $549,900 | +243.7% | $250 / Sq Ft | |
| 04/06/2017 04/06/17 | Sold | $160,000 | -8.6% | -- | View Prior Sale |
| 12/29/2016 12/29/16 | Pending | -- | -- | -- | |
| 11/28/2016 11/28/16 | For Sale | $175,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $934,490 | None Listed On Document | |
| Quit Claim Deed | -- | Old Republic National | |
| Deed | $160,000 | Madison Title Agency Llc | |
| Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $873,750 | Commercial |
Source: Garden State MLS
MLS Number: 3990118
APN: 14-03706-0000-00031
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