391 Hawthorne Ave, Newark, NJ 07112 - Photo 1

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$900,000

For Sale
Active
Retail

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Property Description

Newark is full of opportunity and 391-393 Hawthorne Ave has become your oyster. The original building of Bragman's is up to date where all you have to do is buy and start collecting rents! If all three units are rented, can easily make $7,000/month. Sorry, THE BUSINESS IS NOT FOR SALE ONLY THE PROPERTY ITSELF! STATS AS FOLLOWS: - Two of three units are rented out for the next five years on a NNN w/right of renewal after five years- Each unit pays their own utilities and meters are seperated. Water is divided by the three units - Roof done in 2021 - Newer hot water heaters - Each unit (1,500sqft) has its own basement for an additional 1,000sqft storage space - Unit 1: is occupied by a community grocery store - Unit 2: originally occupied Bragman's Deli (has a walk in cooler, stove, and other equipment may be available) - Unit 3: occupied - Owner of building has an option to expand w/first right of refusal on buildings next to Bragman's (389 & 395).

Full Property Details

Full Property Details for 391 Hawthorne Ave

General

Price: $900,000
Taxes: $14,574 (2023)
Status: Active
Type: Retail
Source: Garden_State
MLS ID: 3975573
Updated: 7/16/2025
Added to Site: 187 day(s) ago

Business

Includes: Building Only

Interior

Flooring: Laminate

Rooms

Bathrooms

Total Bathrooms: 3
Restrooms: 3

Additional Information

Equipment: See Remarks

Parking

Parking: On-Street Parking

Location

County: Essex
Driving Directions: Clinton Place to Hawthorne Ave
Location Details: See Remarks

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Multi-Zone
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Construction: Brick/Block, Metal Frame
Exterior Const.: See Remarks
Basement: Yes
Basement Desc.: Bilco-Style Door, Finished-Partially, Full
Roof: See Remarks
Ceiling Height: 15
Door Dimensions: 10
Stories in Building: 1
Square Feet: 6,350
Aprox. Leasable: 5,201 Sq. Ft.
Office: 1,500 Sq. Ft.
Remodeled/Updated: 1

Lot Features

Lot Size (Acres): 0.12
Lot Size: 50X104
Zoning: 4A

Financial Considerations

Price Per Sq. Ft.: $142
Assessment Amount: $390,100
Land Assmt: $112,200
Tax Amount: $14,574
Tax Year: 2023
Pays Utilities: Tenant

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: See Remarks
Disclosures: Yes
APN: 1614-03037-0000-00021-0000-
Block: 3037
Lot Number: 21

Listed by Real

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Schools

Schools serving 391 Hawthorne Ave

School District:Newark City School District

Name	Grades	Distance
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	0.1 mi
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112	PK-8	0.5 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	0.6 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.6 mi
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112	3-8	0.8 mi
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103	K-4	1.1 mi
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108	PK-8	1.2 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	1.8 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	1.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 391 Hawthorne Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/16/2025

Listed

$900,000

5042.86%

MLS

1/04/2019

Sold

$17,500

—

Public Record

Get Price Alerts and Save Property

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 391 Hawthorne Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$14,836

$390,100

—

2022

$14,574

—

$390,100

—

2021

$14,566

33%

$390,100

—

2021

$10,981

-25%

$390,100

—

2019

$14,672

$390,100

—

2018

$14,406

$390,100

—

2017

$13,888

$390,100

—

2016

$13,419

$390,100

—

2015

$12,908

12%

$390,100

—

2013

$11,520

—

$390,100

—

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 391 Hawthorne Ave

391 Hawthorne Ave, Newark, NJ 07112 (MLS# 3975573) is a Retail property. 391 Hawthorne Ave is currently listed for $900,000 and was received on July 16, 2025. Want to learn more about 391 Hawthorne Ave? Do you have questions about finding other Retail real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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391 Hawthorne Ave Newark, NJ 07112