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Residential Income For Sale
516-518 Hawthorne Avenue, Newark, NJ 07112
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. Go show and please exercise some precaution while visiting the property.
- Property Type:
- Residential Income
- Listing Type:
- For Sale
- Listing ID:
- 26000233
- Price:
- $1,059,000
- Status:
- Active
- Office Name:
- JD Frances Realty
- Agent Name:
- Jean Michel
- Architectural Style:
- 3 Family
- Laundry Features:
- In Unit
- Utilities:
- Sep Elec, Sep Gas, Sep Heat
- Country:
- US
- State:
- NJ
- County:
- ESSEX
- City:
- Newark
- Zipcode:
- 07112
- Street:
- Hawthorne
- Street Number:
- 516-518
- Street Suffix:
- Avenue
- Longitude:
- W75° 47' 32.8''
- Latitude:
- N40° 43' 3.1''
- On Market Date:
- 2026-01-02
- Garage:
- 2
- Tax Annual Amount:
- 3803
- Co List Agent Mls Id:
- 455331
- List Agent Mls Id:
- 1011497
- List Office Mls Id:
- 3982
- Mls Status:
- Active
- Modification Timestamp:
- 2026-01-02T23:03:55Z
- Originating System Name:
- njmls
- Status Change Timestamp:
- 2026-01-02
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