516 Hawthorne Ave, Newark City, NJ 07112

$1,095,000
9
BD
6
BA

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List Price
$1,095,000
MLS#
4003124
Dom
4
Year Built
2026
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
9
Bathrooms
6
Baths Full
6
Acres
0.11

Property Description

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.

Additional Information

Taxes
$4,183
Cooling
3 Units, Central Air
Exterior
Brick, ConcBrd, Vinyl
Garage Description
On Site, On-Street Parking
Heating
3 Units, Forced Hot Air
Interior
Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Intercom, Smoke Detector, Walk-In Closet, Wood Floors
Roof
Asphalt Shingle
Elementary School
HAWTHORNE
Middle School
PESHINE
High School
UNIVERSITY
Sewer
Public Available, Public Sewer
Water
Public Water
Lot Description
Level Lot, Open Lot
Exterior Features
Curbs, Sidewalk, FencVnyl
Garage Description
On Site, On-Street Parking

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Calculator source: Real Geeks

Listing Courtesy Of JD FRANCES REALTY & G.R., Contact: 862-201-9086

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