516 Hawthorne Ave, Newark, NJ 07112
Local realty services provided by:ERA Suburb Realty Agency
516 Hawthorne Ave,Newark City, NJ 07112
$1,095,000
- 9 Beds
- 6 Baths
- 3,959 sq. ft.
- Multi-family
- Active
Listed by: jeanmichel sery
Office: jd frances realty & g.r.
MLS#:4003124
Source:NJ_GSMLS
Price summary
- Price:$1,095,000
- Price per sq. ft.:$276.58
About this home
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.
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Home facts
- Year built:2026
- Listing ID #:4003124
- Added:69 day(s) ago
- Updated:February 11, 2026 at 03:12 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:16
- Basement Description:Slab
- Living area:3,959 sq. ft.
Heating and cooling
- Cooling:3 Units, Central Air
- Heating:3 Units, Forced Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:2026
- Building area:3,959 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level Lot, Open Lot
- Architectural Style:Triplex, Under/Over
- Construction Materials:Brick, Concrete Board, Vinyl
- Exterior Features:Curbs, Sidewalk
Schools
- High school:UNIVERSITY
- Middle school:PESHINE
- Elementary school:HAWTHORNE
Utilities
- Water:Public Water
- Sewer:Public Available, Public Sewer
Finances and disclosures
- Price:$1,095,000
- Price per sq. ft.:$276.58
- Tax amount:$4,183 (2024)
Features and amenities
- Amenities:All Utilities Underground, Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Gas In Street, Intercom, Smoke Detector, Walk-In Closet, Wood Floors
Parking
- Parking description:On Site, On-Street Parking
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