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  • 516 Hawthorne Ave, Newark City, NJ 07112
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    516 Hawthorne Ave, Newark City, NJ 07112
    516 Hawthorne Ave, Newark City, NJ 07112
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    $ 1,095,000
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    516 Hawthorne Ave Newark City, NJ 07112

    9 Beds

    6 Baths

    3,959 SqFt


    UPDATED:

    Key Details

    Property Type Multi-Family, Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3,959 sqft

    Price per Sqft $276

    MLS Listing ID 4003124

    Style Triplex, Under/Over

    Bedrooms 9

    Full Baths 6

    Year Built 2026

    Annual Tax Amount $4,183

    Tax Year 2024

    Lot Size 4,791 Sqft

    Property Description

    This three family house boasts nine bedrooms and six bathrooms and each unit offers a built in laundry. This brand new property is equipped with a sprinkler system and each apartment has its separate gas and electric meters. Each apartment features three beds and two bathrooms and the same rent amount across the board. This ultimate income producing property should pick you business acumen. The property is currently under construction with an estimated completion date of June 20th 2026.This brand new property will enjoy a five years tax abatement.

    Location

    State NJ

    County Essex

    Zoning R3

    Rooms

    Basement Slab

    Interior

    Interior Features Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Intercom, Smoke Detector, Walk-In Closet, Wood Floors

    Heating Electric, Gas-Natural

    Cooling 3 Units, Central Air

    Heat Source Electric, Gas-Natural

    Exterior

    Exterior Feature Brick, ConcBrd, Vinyl

    Parking Features On Site, On-Street Parking

    Utilities Available All Underground, Electric, Gas In Street

    Roof Type Asphalt Shingle

    Garage Yes

    Building

    Lot Description Level Lot, Open Lot

    Sewer Public Available, Public Sewer

    Water Public Water

    Architectural Style Triplex, Under/Over

    Schools

    Elementary Schools Hawthorne

    Middle Schools Peshine

    High Schools University

    Others

    Senior Community No


    Garden State MLS(GSMLS)
    Listed by JD FRANCES REALTY & G.R.

    GET MORE INFORMATION

    Juan & Carolina Vasquez
    Juan & Carolina Vasquez

    +1(201) 819-6735 | movewithvasquez@gmail.com

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    516 Hawthorne Ave