Property
Newark City, NJ 07112 516 Hawthorne Ave
$1,095,000
Presented By: JD FRANCES REALTY & G.R.
Beds • 9- Baths • 6
- SQFT • 3,959
Beds • 9
Baths • 6
SQFT • 3,959Home Details
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.
Presented By: JD FRANCES REALTY & G.R.
Interior Features for 516 Hawthorne Ave
Bedrooms
Total Bedrooms9
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total2.0
Unit 3 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft1307
Unit 2 Sq Ft1326
Unit 3 Sq Ft1326
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent2900
UnitType2TotalRent2900
UnitType3TotalRent2900
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
BasementSlab
Fuel TypeElectric, Gas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Intercom, Smoke Detector, Walk-In Closet, Wood Floors
Other Rooms
Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room, Master Bedroom, Utility Room
Unit 2 Room DescriptionBedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room
General for 516 Hawthorne Ave
Architectural StyleTriplex, Under/Over
Cooling3 Units, Central Air
CountyEssex
DirectionsClinton Ave to Fabyan to Hawthorne Ave
DriveOn-Street Parking
EasementUnknown
Elementary SchoolHAWTHORNE
ExclusionsTBD
Farm AssessmentNo
Full Baths6
GarageOn Site, On-Street Parking
Garage Spaces
Gross Income9999
Heating3 Units, Forced Hot Air
High SchoolUNIVERSITY
Middle/Junior High SchoolPESHINE
Net Operating Income9999
Number Of Units Total3
Open Parking Spaces0
Operating Expense9999
PossessionTBD
RoofAsphalt Shingle
ServicesFiber Optic Available, Garbage Included
SewerPublic Available, Public Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4183
Tax Assessed Value110000
Tax Lot4
Tax Year2024
Total Rooms16
Town #1614
TownshipNewark City
UtilitiesAll Underground, Electric, Gas In Street
Water HeaterGas
Year Built2026
ZoningR3
Exterior for 516 Hawthorne Ave
Building Area Total3959
Exterior AmenitiesCurbs, Sidewalk, FencVnyl
Exterior DescriptionBrick, ConcBrd, Vinyl
Lot Dimensions25X100
Lot FeaturesLevel Lot, Open Lot
Lot Size Acres0.11
Water SourcePublic Water
Additional Details
Price History
Schools
High School
University High School
Middle School
Peshine Middle School
Elementary School
Hawthorne Elementary School
Tina Torres
Broker/Owner