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Residential Income For Sale
516 Hawthorne Ave, Newark City, Essex 07112-1336
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.
- Property Type:
- Residential Income
- Listing Type:
- For Sale
- Listing ID:
- 4003124
- Price:
- $1,095,000
- Year Built:
- 2026
- Lot Area:
- 0.11 Acre
- Status:
- Active
- Office Name:
- JD FRANCES REALTY & G.R.
- Agent Name:
- JEANMICHEL SERY
- Full Bathrooms:
- 6
- Roof:
- Asphalt Shingle
- Heating System:
- Forced Hot Air, 3 Units
- Cooling System:
- Central Air, 3 Units
- Basement:
- Slab
- Architectural Style:
- Under/Over, Triplex
- Exterior Features:
- Sidewalk, Curbs, FencVnyl
- Interior Features:
- Carbon Monoxide Detector, Smoke Detector, Intercom, Walk-In Closet, Fire Extinguisher, Fire Alarm Sys, Wood Floors
- Sewer:
- Public Sewer, Public Available
- Utilities:
- Electric, All Underground, Gas In Street
- Country:
- US
- State:
- Essex
- County:
- Essex
- City:
- Newark City
- Zipcode:
- 07112-1336
- Street:
- Hawthorne Ave
- Street Number:
- 516
- Longitude:
- W75° 47' 4.7''
- Latitude:
- N40° 43' 11.5''
- Directions:
- Clinton Ave to Fabyan to Hawthorne Ave
- Zoning:
- R3
- Elementary School:
- HAWTHORNE
- High School:
- UNIVERSITY
- Middle School:
- PESHINE
- Lot Size Dimensions:
- 25X100
- Water Source:
- Public Water
- Number Of Units Total:
- 3
- Lot Features:
- Open Lot, Level Lot
- Building Size:
- 3959
- Tax Annual Amount:
- 4183
- List Agent Mls Id:
- 282354
- List Office Mls Id:
- 6263
- Mls Status:
- Active
- Modification Timestamp:
- 2026-01-02T03:02:16Z
- Originating System Name:
- gsmls
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Wyckoff, NJ 07481