51 Hobson Street

Newark, NJ 07112

$550,000
Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing a prime investment opportunity in Newark! This two-family residence boasts 6 bedrooms and 3 bathrooms, offering ample space and versatility for comfortable living. The first unit features a unique 2 bed/1 bath layout with a finished basement that provides additional living space, 1 bath and added storage space. Meanwhile, the second unit offers 4 bedrooms and 1 bathroom, with 2 bedrooms on each floor for convenience. With all utilities separated, an open front porch for relaxation, and...Introducing a prime investment opportunity in Newark! This two-family residence boasts 6 bedrooms and 3 bathrooms, offering ample space and versatility for comfortable living. The first unit features a unique 2 bed/1 bath layout with a finished basement that provides additional living space, 1 bath and added storage space. Meanwhile, the second unit offers 4 bedrooms and 1 bathroom, with 2 bedrooms on each floor for convenience. With all utilities separated, an open front porch for relaxation, and 3-car parking convenience, this property presents a hassle-free and lucrative investment opportunity. Don't miss your chance to own this well-maintained and versatile property in a highly sought-after location.
  1. Listed by Ernest Maynor • Keller Williams Park Views • (201) 939-0050

Property Details for 51 Hobson Street

Style
2 Family
Sub style
Other
Waterfront
None
Garage
Detached, Park Space

Location

Listing Courtesy of Keller Williams Park Views, Ernest Maynor
Add your commute
LISTING UPDATED: 04/30/2024 12:06 PM

Property Details for 51 Hobson Street

StatusActive
MLS #24012850
Days on Market19
Taxes$5,095 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built-
Lot Size0.06 AC / 2,601 SF
CountyEssex County

Location

Listing Courtesy of Keller Williams Park Views, Ernest Maynor
Add your commute

Building Information for 51 Hobson Street

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,601 SF

Payment Calculator

$3,426 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$425

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 51 Hobson Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: Hobson
  • County Name: ESSEX
  • Status: ACTIVE
  • Street Number Numeric: 51
  • Zip Code: 07112
Taxes and HOA Information
  • Tax: $5,095
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 2601.0
  • Lot: 00041
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 03065
Property and Assessments
  • Photo: Y
  • Photo Number: 29
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Heatcool: Gas, Steam
  • Cooling Type: Gas, Steam
Interior and Exterior Features
Interior Features
  • Bedrooms: 6
  • Baths full: 3
  • Baths partial: 0
  • Floor 1St: 2 bed/2 bath duplex unit with basement
  • Floor 2Nd: 4 bed/ 1bath (2 beds each floor )
  • Basement: Finished, Full
  • Number of rooms: 10
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Items Included: Stove
  • Search Class: 2to4
  • List Price: $550,000.00
  • Listing Date: 04-29-2024
  • Status Date: 04-29-2024
Showing Information
  • Internet Remarks: Introducing a prime investment opportunity in Newark! This two-family residence boasts 6 bedrooms and 3 bathrooms, offering ample space and versatility for comfortable living. The first unit features a unique 2 bed/1 bath layout with a finished basement that provides additional living space, 1 bath and added storage space. Meanwhile, the second unit offers 4 bedrooms and 1 bathroom, with 2 bedrooms on each floor for convenience. With all utilities separated, an open front porch for relaxation, and 3-car parking convenience, this property presents a hassle-free and lucrative investment opportunity. Don't miss your chance to own this well-maintained and versatile property in a highly sought-after location.
Rental
Rental Information
  • Floor Lease 1St: MTM
  • Floor Lease 2Nd: MTM

Property History for 51 Hobson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 51 Hobson Street

Taxable ValueLand$26,300Additions$110,100Total$136,400
Tax Record2022$5,096 ($425 / month)
Home Facts
Beds0Total Finished SqFt2,244 SqFtAbove Grade Finished SqFt2,244 SqFtStories3Lot Size2,601 SqFtStyleSingle Family ResidenceYear Built1900CountyESSEXAPN14 03065-0000-00041

Schools near 51 Hobson Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 10 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Speedway Academies
PublicK to 8

Uplift Academy
Public10 to 12

Ivy Hill Elementary School
PublicPK to 8

Louise A. Spencer Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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51 Hobson Street is a multi-family home for sale in Newark, NJ 07112. This property was listed for sale on April 29, 2024 by Keller Williams Park Views, it's currently listed at $550,000. It has been on the market for a total of 19 days and was last sold on October 18, 2012. This listing's school district is The Newark Public School District. Nearby schools include Speedway Academies, Uplift Academy and Ivy Hill Elementary School. 51 Hobson Street is a 6-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Park Views, Ernest Maynor

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/19/2024 12:46 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.