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Triplex, Under/Over

516 Hawthorne Ave

Newark City , NJ 07112

MLS#: 4003124

$1,095,000

Status: Active
Listing number: 4003124
Listing provided by: JD FRANCES REALTY & G.R.
Listing agent phone: None
Last update: 6 days ago
On site: 10 days ago
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Property

Beds

9

Full Baths

6

1/2 Baths

None

Year Built

2026

Sq.Footage

3,959

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 & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    9

  • Bathrooms

    6

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Electric, Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Vinyl Siding

  • Parking

    On Street

  • Pool

    No

Area & Lot

  • Lot Features

    Level, Open Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Triplex, Under/Over

Price

  • Sales Price

    $1,095,000

  • Tax Amount

    4183.0

  • Zoning

    R3

  • Sq. Footage

    3, 959

  • Price/SqFt

    $276

HOA

  • Association

    No

School District

  • Elementary School

    HAWTHORNE

  • Middle School

    PESHINE

  • High School

    UNIVERSITY

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

County

Essex

Elementary School

HAWTHORNE

Middle School

PESHINE

High School

UNIVERSITY

Listing Courtesy of None , JD FRANCES REALTY & G.R.

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Agent Patrick Bolger

FOUNDER

Patrick Bolger

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(973) 945-9979

patrickbolger@kw.com


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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.

516 Hawthorne Ave

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