$525,000

203-205 Hansbury Avenue, Newark NJ, 07112

Property typeMulti-family

Bought with Gary Maimon with EXP Realty, LLC and Listed by Justin Kiliszek with EXP Realty, LLC 973-298-4247

Overview

Sold

Sold - Sold

Listed Oct 1, 2025

Updated 10 days ago

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.

Additional information

MLS^® ID: 25034946

Interior Features

Bedrooms: 5
Bathrooms: 3
Basement: No

Other Property Details

Taxes: $6,518
Tax Frequency: Annually
Association Fee Frequency: Monthly

Also listed on GSMLS

Bought with Gary Maimon with EXP Realty, LLC and Listed by Justin Kiliszek with EXP Realty, LLC 973-298-4247

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties | Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 10/6/2026

Source: New Jersey Multiple Listing Service, Inc.