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$1,295,000 Just Listed
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Property Description
Exceptional mixed-use investment opportunity at 580 Lafayette Avenue in Hawthorne, fully leased and producing stable income.The property features two street-level retail spaces, a nail salon and a clothing boutique both equipped with central air, plus two residential apartments above: one three-bedroom unit and one two-bedroom unit that can easily be made a 3 bd, both maintained in very nice condition. Ea. apt. is leased for $2,500 m with tenants responsible for their own heat, hot water, and electricity.The commercial tenants contribute toward common area maintenance expenses, with increases over the established base year, providing built-in potential for continued income growth.The property also includes six dedicated rear parking spaces, an invaluable amenity for both residential and commercial tenants.Ideally positioned along bustling Lafayette Avenue, the property offers excellent visibility and is surrounded by some of Hawthorne's most popular destinations, including Angelina's Fine Italian Deli, Bottagra Restaurant, Macaluso's renowned wedding and event venue, Goffle Creamery, the Passaic County Arts Center at the John W. Rea House, and beautiful Goffle Brook Park.Residents, customers, and visitors enjoy a vibrant neighborhood atmosphere with convenient access to shopping, dining, recreation, NJ Transit, and major highways. A solid income-producing asset today with long-term value-add potential, this property is ideal for either an investor or an owner-occupant.
Full Property Details
Full Property Details for 580 Lafayette Ave
General
- Price: $1,295,000
- Taxes: $17,084 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4042119
- Updated: Today (7/21/2026)
- Added to Site: Today
Business
- Includes: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: Parking Lot-Shared
Location
- County: Passaic
- Driving Directions: Diamond bridge to Lafayette
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Storage
- Roof: Asphalt Shingles, Flat
- Ceiling Height: 9
- Door Dimensions: 9
- Loading: None
- Stories in Building: 2
- Square Feet: 4,400
- Aprox. Leasable: 4,400 Sq. Ft.
- Year Built: 1988
Lot Features
- Lot Size: 50XIRR
- Zoning: 4A
- Lot Description: Irregular Lot
Financial Considerations
- Assessment Amount: $543,400
- Land Assmt: $156,700
- Tax Amount: $17,084
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- APN: 2504-00160-0000-00021-0000-
- Block: 160
- Lot Number: 21
Listed by The Agency One Rock
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Price & Sales History for 580 Lafayette Ave
Date
Details
Price
Change
Source
7/21/2026
Listed
$1,295,000
61.88%
MLS
6/10/2024
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 580 Lafayette Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,085
5%
$543,400
—
2023
$16,302
2%
$543,400
—
2022
$16,030
—
$543,400
—
2022
$16,031
2%
$543,400
—
2021
$15,715
-12%
$543,400
78%
2018
$17,863
2%
$305,500
—
2017
$17,569
1%
$305,500
—
2016
$17,325
-5%
$305,500
—
2019
$18,260
7%
$305,500
—
2015
$17,120
6%
$305,500
—
2013
$16,143
—
$305,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 580 Lafayette Ave
580 Lafayette Ave, Hawthorne, NJ 07506 (MLS# 4042119) is a Commercial property. 580 Lafayette Ave is currently listed for $1,295,000 and was received on July 21, 2026. Want to learn more about 580 Lafayette Ave? Do you have questions about finding other Commercial real estate for sale in Hawthorne? You can browse all Hawthorne real estate or contact a Coldwell Banker agent to request more information.

