Properties

Description

Excellent Mixed-Use Commercial and Residential Investment Opportunity!This impressive 5000-square-foot property features a fully equipped retail business, three renovated apartments, and an income-producing parking lot.The first floor includes a renovated one-bedroom apartment with a living room, dining room, kitchen, and full bathroom. It also features an approximately 2,880-square-foot grocery/retail space, currently operating as ?Stack N Smack.? The commercial space includes new shelving, exterior signage, a three-door refrigerator, custom counter, deli sandwich station, refrigerated prep tables, Toast POS self-ordering kiosk, security cameras, ADT security system, and LED smoke-shop displays. The second floor offers two renovated apartments. Each unit features two bedrooms, a living room, dining room, kitchen, and full bathroom. The side parking lot generates approximately $2,000 per month from truck parking. A unique opportunity for investors seeking multiple income streams from commercial, residential, parking, and development components.

Features

  • Heating System : 4+ Units
  • Cooling System : Central Air, 1 Unit
  • Basement : Unfinished
  • Roof Deck : Asphalt Shingle
  • Furnished : Tile, Wood
  • Tax Assessed Valuation: 147800
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas In Street

Additional Info

  • Office Name: RE/MAX PROFESSIONALS I
  • Office MLS ID: 226401
  • Agent ID: 246607
  • Tax: 5910
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: COM

Commercial For Sale

For Sale
$1,200,000

566 Hawthorne Ave, Newark City, *

  • SQFT 46 Acre
  • Built Year 9999

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5461111
  • Price: $1,200,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Year Built Description: Approximate
  • Lot Area: 46 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Hawthorne Ave
  • Street Number: 566
  • Street Direction: Corner Property between Fabyan Place and Hawthorne
  • Floor Number: 0
  • Longitude: W75° 46' 57.5''
  • Latitude: N40° 43' 15''
  • Internet Display Address: No
Property