516 Hawthorne Ave Newark, NJ $ 1,095,000
516 Hawthorne Ave
$ 1,095,000
Recently Listed New Construction
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516 Hawthorne Ave

Newark, NJ, 07112
$ 1,095,000
Bedrooms9 Baths6.0 Sq 3,959

Monthly Estimate*

$ 6,831

516 Hawthorne Ave, Newark, NJ 07112 - Image 1
516 Hawthorne Ave, Newark, NJ 07112 - Image 2
516 Hawthorne Ave, Newark, NJ 07112 - Image 3

Multi-Family Home for sale in Newark, NJ

for $1,095,000 with 9 bedrooms and 6 full baths. This 3,959 square foot home was built in 2026 on a lot size of 0.11.

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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Multi-Family Active

Price

$ 1,095,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,183

Style

Triplex, Under/Over

Lot Size

0.11

Year Built

2026

Town/City

Newark

County/Region

Essex

MLS | Web ID

4003124

Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Alarm Sys Fire Extinguisher Intercom Smoke Detector Walk-In Closet Wood Floors
Basement Slab
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Unit 3 Baths Total 2.0
Unit 3 Beds Total 3
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 9
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General
Sewer Public Available Public Sewer
Heating 3 Units Forced Hot Air
Cooling 3 Units Central Air
Utilities All Underground Electric Gas In Street
Possession TBD
Roof Asphalt Shingle
Water Heater Gas
Zoning R3
Garage Spaces 0
Architectural Style Triplex Under/Over
Exclusions TBD
Year Built 2026
Garage On Site On-Street Parking
Township Newark City
Tax Year 2024
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 12
Full Baths 6
Status Active
Directions Clinton Ave to Fabyan to Hawthorne Ave
High School UNIVERSITY
Open Parking Spaces 0
Number Of Units Total 3
Elementary School HAWTHORNE
Tax Annual Amount 4183
Middle/Junior High School PESHINE
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 110000
Town # 1614
Tax Lot 4
Farm Assessment No
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Exterior
Exterior Amenities Curbs Sidewalk FencVnyl
Lot Features Level Lot Open Lot
Water Source Public Water
Exterior Description Brick ConcBrd Vinyl
Building Area Total 3959
Lot Dimensions 25X100
Lot Size Acres 0.11
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* Excluded Features
List By
JEANMICHEL SERY

Listing Agent

Jd Frances Realty & G.R.

Broker

jeanmichelrealtor@gmail.com

Email

Affordability Calculator

$7,180
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,831
Monthly Property Taxes
$349
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5370345 Elementary School
5370344 Middle School
University High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$1,095,000 Listed Price

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516 Hawthorne Ave, Newark, NJ, 07112 is a Multi-Family Home for sale at $1,095,000 with 3,959 sqft and a lot size of 0.11. 516 Hawthorne Ave has 9 bedrooms, 6.0 baths, and was built in 2026. The property's zip code is 07112 which is in Newark, NJ