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203 Hansbury Ave

Newark City, NJ 07112
  • $549,900
  • STATUS: Active Under Contract
  • ON SITE: 129 Days
  • MLS #: 3990109
Under Contract
UPDATED: 139 min ago
$549,900
  • 5
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-07T23:48:36.863.
www.trompeterrealestate.com/homes/168425285
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203 Hansbury Ave Newark City, NJ 07112

  • Price: $549,900
  • Status: Active Under Contract
  • On Site: 129 Days
  • Updated: 139 min ago
  • MLS #: 3990109
5
Beds
3
Baths
0
½ Baths
0.09
Acres
1924
Built
Neighborhood:
Weequahic Section
County:
Essex
Area:
Newark City
Elementary School:
Maple Ave
Middle School:
Maple Ave
High School:
Weequahic
Property Description
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.
Exterior Features

Approximate Lot Size 40X100 Color Of Building Yellow/Whi Exterior Description Aluminum Siding Exterior Features See RemarksSidewalkStorm Door(s)Storm Window(s) Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 4 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating 3 UnitsRadiators - Steam Interior Features Carbon Monoxide DetectorSmoke DetectorTile FloorsWood Floors Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDenDining RoomEat-In KitchenLiving RoomPantry Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDenDining RoomEat-In KitchenLiving RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 0.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In Kitchen Unit3 Rooms 3 Unit3 Sq Ft 0

Property Features

Assessment Total 171400 Building Assessment 142900 Easement Unknown Easement Description Unknown Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 28500 Net Operating Income 0 Sewer Public Sewer Tax Amount 6518 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate Zoning 3-fam

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 973-435-7679.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-07T23:48:36.863.
 
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