Newark City, NJ 07112,516 Hawthorne Ave
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Newark City, NJ 07112,516 Hawthorne Ave
Newark City, NJ 07112,516 Hawthorne Ave
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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

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

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.
Patric Santo Pietro

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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516 Hawthorne Ave