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$479,000 Just Listed
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Property Description
Welcome to this spacious two-family home located in Newark's established and sought-after Weequahic section. Offering a versatile layout and excellent income-producing potential, this property is ideal for owner-occupants, investors, or those seeking multi-generational living.The first unit features 3 bedrooms and 1 full bathroom, while the second unit offers 3 bedrooms and 2 full bathrooms. An unfinished walkout basement basement to a paved backyard provides future possibilities. Enjoy the convenience of living just minutes from some of Newark's most notable attractions and transportation hubs. Residents will appreciate easy access to Weequahic Park, a historic Olmsted-designed park featuring walking paths, athletic fields, a golf course, playgrounds, and scenic green space. Nearby recreational opportunities also include Weequahic Golf Course and Independence Park.Commuters will benefit from convenient access to the Newark Liberty International Airport, major highways. Public transportation options provide easy access to Newark Penn Station, offering direct rail service to New York City and throughout New Jersey. The property is also located near shopping, dining, schools, houses of worship, and neighborhood services.Property is being sold strictly AS-IS. Whether you are looking to live in one unit and rent the other or add a valuable asset to your investment portfolio, this property offers outstanding potential in a prime Newark location.
Full Property Details
Full Property Details for 15 Hobson St
General
- Price: $479,000
- Taxes: $3,391 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4032109
- Updated: 6/5/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Metal Fence
- Color: White
Location
- County: Essex
- Subdivision: Weequahic section
- Driving Directions: Nye Ave to Hobson
School Information
- Elementary School: MCKINLEY
Heating & Cooling
- Cooling Type: 1 Unit, Window A/C(s)
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles, Flat
- Year Built: 1905
Unit Information
Unit 1
- Unit Description: Bedrooms, Living Room
- Square Feet: 1250
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Living Room
- Square Feet: 1250
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 2500 SF
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $99
- Assessment Amount: $64,600
- Land Assmt: $20,200
- Tax Amount: $3,391
- Tax Year: 2025
Disclosures and Reports
- Block: 3066
- Lot Number: 12
Listed by Identity Properties
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Schools
Schools serving 15 Hobson St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.8 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.8 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.7 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.2 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.5 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.8 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Hobson St
Date
Details
Price
Change
Source
6/03/2026
Listed
$479,000
95.51%
MLS
8/26/2015
Sold
$245,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 Hobson St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,225
2%
$84,800
—
2022
$3,168
—
$84,800
—
2021
$3,166
33%
$84,800
—
2021
$2,387
-24%
$84,800
—
2018
$3,132
-2%
$84,800
—
2019
$3,189
6%
$84,800
—
2017
$3,019
3%
$84,800
—
2016
$2,917
4%
$84,800
—
2015
$2,806
12%
$84,800
—
2013
$2,504
—
$84,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Hobson St
15 Hobson St, Newark, NJ 07112 (MLS# 4032109) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 15 Hobson St is currently listed for $479,000 and was received on June 03, 2026. Want to learn more about 15 Hobson St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

