516-518 Hawthorne Avenue Newark, NJ $ 1,059,000
516-518 Hawthorne Avenue
$ 1,059,000
Recently Listed New Construction
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516-518 Hawthorne Avenue

Newark, NJ, 07112
$ 1,059,000
Bedrooms9 Baths6.0

Monthly Estimate*

$ 6,520

516-518 Hawthorne Avenue, Newark, NJ 07112 - Image 1
516-518 Hawthorne Avenue, Newark, NJ 07112 - Image 2

Multi-Family Home for sale in Newark, NJ

for $1,059,000 with 9 bedrooms and 6 full baths.

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. Go show and please exercise some precaution while visiting the property.

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Multi-Family Active

Price

$ 1,059,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 3,803

Style

3 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26000233

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 2.0
Architectural Style 3 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 16
Full Baths 6
Status Active - Active
City Newark
Disclosures Seller's Agent
Year Built Details To Be Blt
Tax Annual Amount 3803.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Unit
Total Bedrooms 9
Total Baths 6
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* Excluded Features

Affordability Calculator

$6,837
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,520
Monthly Property Taxes
$317
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$1,059,000 Listed Price

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516-518 Hawthorne Avenue, Newark, NJ, 07112 is a Multi-Family Home for sale at $1,059,000. 516-518 Hawthorne Avenue has 9 bedrooms and 6.0 baths. The property's zip code is 07112 which is in Newark, NJ