516-518 Hawthorne Avenue, Newark, NJ 07112 - Photo 1

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$1,059,000

For Sale
Active
Multi-Family
9 Total Beds
2 Car Garage

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

Full Property Details

Full Property Details for 516-518 Hawthorne Ave

General

Price: $1,059,000
Taxes: $3,803
Status: Active
Type: Multi-Family
Source: NJMLS
MLS ID: 26000233
Updated: 1/2/2026
Added to Site: 15 day(s) ago

Interior

Number of Rooms: 16

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 9

Other Rooms

Laundry: In Unit

Parking

Garage: Yes
Garage Spaces: 2

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat

Structural Information

Architectural Style: 3 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $3,803

Listed by JD Frances Realty (973) 265-7247, Jean Michel Sery (862) 201-9086

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Listing agent

— 516-518 Hawthorne Ave —

Jean Michel Sery

JD Frances Realty

862-201-9086

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NMLS#: 1598647

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Schools

Schools serving 516-518 Hawthorne Ave

School District:Newark City School District

Name	Grades	Distance
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	0.8 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.9 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.3 mi
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112	9-12	0.8 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	1.2 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	1.4 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.5 mi
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106	PK-8	1.7 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	1.8 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 516-518 Hawthorne Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/02/2026

Listed

$1,059,000

606%

MLS

3/21/2023

Sold

$150,000

—

Public Record

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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 516-518 Hawthorne Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$4,183

-42%

$110,000

-43%

2022

$7,218

—

$193,200

—

2021

$7,207

33%

$193,200

—

2021

$5,432

-25%

$193,200

—

2019

$7,266

$193,200

—

2018

$7,135

$193,200

—

2017

$6,878

$193,200

—

2016

$6,646

$193,200

—

2015

$6,393

12%

$193,200

—

2013

$5,705

—

$193,200

—

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 516-518 Hawthorne Ave

516-518 Hawthorne Avenue, Newark, NJ 07112 (MLS# 26000233) is a Multi-Family property with units containing 9 bedrooms and 6 full bathrooms. 516-518 Hawthorne Avenue is currently listed for $1,059,000 and was received on January 02, 2026. Want to learn more about 516-518 Hawthorne Avenue? Do you have questions about finding other Multi-Family 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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516-518 Hawthorne Ave Newark, NJ 07112