Properties

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.

Features

  • Heating System : Forced Hot Air, 3 Units
  • Cooling System : 3 Units, Central Air
  • Roof Deck : Asphalt Shingle
  • Parking Description: On-Street Parking
  • Interior Features: Carbon Monoxide Detector, Fire Alarm Sys, Fire Ext
  • Exterior Features: Curbs,Sidewalk,FencVnyl
  • Lot Description: Level Lot, Open Lot
  • Tax Assessed Valuation: 110000
  • Sewer: Public Available, Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground, Electric, Gas In Street
  • Internet

Additional Info

  • Office Name: JD FRANCES REALTY & G.R.
  • Office MLS ID: 6263
  • Agent ID: 282354
  • Tax: 4183
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: R3

Multi-Family For Sale

For Sale
$1,095,000

516 Hawthorne Ave, Newark City, *

  • SQFT 25 Acre
  • Bedroom 9
  • Built Year 2026

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5403498
  • Price: $1,095,000
  • Bedrooms: 9
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2026
  • Year Built Description: To Be Built, Under Construction
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 4

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Hawthorne Ave
  • Street Number: 516
  • Street Direction: Clinton Ave to Fabyan to Hawthorne Ave
  • Floor Number: 0
  • Longitude: W75° 47' 4.7''
  • Latitude: N40° 43' 11.5''
  • Internet Display Address: Yes
Property