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303 Hobson St, Newark, NJ 07112
$670,000
303 Hobson St, Newark, NJ 07112View this property at 303 Hobson St, Newark, NJ 07112
303 Hobson StNewarkNJ07112
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Property Description
Discover a rare find. Invest in a legal 4-family home in Newark with low taxes. Each unit has separate boilers and meters, making this home an ideal investment with strong positive cash flow. This property is a golden opportunity for you. Realtor is related to the seller. Property is being sold as-is. Buyer is responsible for the certificate of occupancy.
Full Property Details
Full Property Details for 303 Hobson St
General
- Price: $670,000
- Taxes: $10,565 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3890435
- Updated: 4/3/2024
- Added to Site: 68 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Location
- County: Essex
- Driving Directions: Please use GPS.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: See Remarks
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 41 x 101
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Operating Expenses: $4,800
- Assessment Amount: $321,600
- Land Assmt: $20,100
- Tax Amount: $10,565
- Tax Year: 2023
Disclosures and Reports
- Exclusions: personalty
- Block: 3724.02
- Lot Number: 55
Listed by Keller Williams Team Realty
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Schools
Schools serving 303 Hobson St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
321 Chancellor Ave, Newark, NJ 07112 | K-8 | 0.1 mi | |
333 Clinton Pl, Newark, NJ 07112 | PK-8 | 0.4 mi | |
428 Hawthorne Ave, Newark, NJ 07112 | PK-8 | 0.8 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 1.9 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 3.9 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 5.3 mi | |
433 Peshine Ave, Newark, NJ 07112 | PK-8 | 1 mi | |
1 Belmont Ruyon Way, Newark, NJ 07108 | PK-8 | 1.4 mi | |
619 S 17th St, Newark, NJ 07103 | K-8 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 303 Hobson St
Date
Details
Price
Change
Source
3/12/2024
Listed
$670,000
37.58%
MLS
1/12/2022
Sold
$487,000
—
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 303 Hobson St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$10,588
—
$341,700
21%
2021
$10,582
33%
$283,400
—
2021
$7,978
-25%
$283,400
—
2019
$10,659
2%
$283,400
—
2018
$10,466
4%
$283,400
—
2017
$10,089
3%
$283,400
—
2016
$9,749
4%
$283,400
—
2015
$9,378
7%
$283,400
—
2014
$8,788
—
$283,400
—
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 303 Hobson St
303 Hobson St, Newark, NJ 07112 (MLS# 3890435) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 303 Hobson St is currently listed for $670,000 and was received on March 12, 2024. Want to learn more about 303 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.