$525,000

63 Hobson St, Newark City, NJ 07112

  • 5 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Prime Two-Unit Opportunity " Income & Upside PotentialAttractive two-unit property offering a total of 5 bedrooms and 2 full bathrooms on a 25 x 104 lot. Perfect for investors or owner-occupants, this property features a brick and shingle exterior, central AC, hot air heating, and two parking spaces.Unit 1 includes 2 beds and 1 bath and is tenant-occupied, generating $1,750/month in rental income. Unit 2 offers 3 beds and 1 bath and is vacant, ready for immediate occupancy or to lease at market rent.A great opportunity to collect income while maximizing future value don't miss this versatile and income-producing property!

Listing Status:
Active
Data Last Updated:
April 25, 2026 at 3:43AM
Listing Office:
CORCORAN SAWYER SMITH : 201-610-1010
MLS ID:
4021840
  • A/C: 2 UnitsCentral Air
  • Heating: 2 UnitsForced Hot AirSee RemarksGas-Natural
  • General: BrickSee Remarks
  • Parking: Parking spaces: 2
  • Roofing: Composition Shingle
  • County: Essex
  • Driveway: 2 Car WidthSee Remarks
  • Zoning: 1614-03065-0000-00035-0000-
  • Utilities: See Remarks
  • Water: Public Water
  • Sewer: See Remarks

This listing courtesy of CORCORAN SAWYER SMITH

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bragaw Avenue Elementary School

, Newark, NJ, 07112

Grades KG-8

0.10 miles away

B

Bragaw Avenue Elementary School

, Newark, NJ, 07112

Grades KG-8

0.10 miles away

U

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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