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See Remarks For Sale

391 Hawthorne Ave, Newark City, Essex 07112-1644

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Property Description

Newark is full of opportunity and 391-393 Hawthorne Ave has become your oyster. The original building of Bragman’s is up to date where all you have to do is buy and start collecting rents! If all three units are rented, can easily make $7,000/month. Sorry, THE BUSINESS IS NOT FOR SALE ONLY THE PROPERTY ITSELF! STATS AS FOLLOWS: – Two of three units are rented out for the next five years on a NNN w/right of renewal after five years- Each unit pays their own utilities and meters are seperated. Water is divided by the three units – Roof done in 2021 – Newer hot water heaters – Each unit (1,500sqft) has its own basement for an additional 1,000sqft storage space – Unit 1: is occupied by a community grocery store – Unit 2: originally occupied Bragman’s Deli (has a walk in cooler, stove, and other equipment may be available) – Unit 3: occupied – Owner of building has an option to expand w/first right of refusal on buildings next to Bragman’s (389 & 395).

Basic Details
Property Type:
See Remarks
Listing Type:
For Sale
Listing ID:
3975573
Price:
$900,000
Lot Area:
0.12 Acre
Status:
Active
Office Name:
REAL
Agent Name:
CAROLINA CAMPBELL
Roof:
See Remarks
Features
Heating System:
Multi-Zone
Cooling System:
Central Air
Basement:
Full, Finished-Partially, Bilco-Style Door
Flooring:
Laminate
Sewer:
Public Sewer
Utilities:
Gas-Natural
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07112-1644
Street:
Hawthorne Ave
Street Number:
391
Longitude:
W75° 47' 24.2''
Latitude:
N40° 43' 5.3''
Directions:
Clinton Place to Hawthorne Ave
Zoning:
4A
Additional Information
Lot Size Dimensions:
50X104
Water Source:
Public Water
Stories Total:
1
Number Of Units Total:
3
Building Size:
6350
Financial
Tax Annual Amount:
14574
Listing Information
List Agent Mls Id:
393139
List Office Mls Id:
4989
Mls Status:
Active
Modification Timestamp:
2025-11-02T14:22:03Z
Originating System Name:
gsmls
See Remarks For Sale
Listing ID:
3975573
Lot Area:
0.12 Acre
$900,000
Agent info
Contact Agent

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