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$1,095,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 11 days ago
See This Home
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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.

Full Property Details for 516 Hawthorne Ave

General

  • Price: $1,095,000
  • Taxes: $4,183 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4003124
  • Updated: 1/2/2026
  • Added to Site: 15 day(s) ago

Interior

  • Number of Rooms: 16
  • Interior Features: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Intercom, Smoke Detector, Walk-In Closet, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Curbs, Sidewalk, FencVnyl
  • Color: TBD

Parking

  • Garage Description: On Site, On-Street Parking

Location

  • County: Essex
  • Driving Directions: Clinton Ave to Fabyan to Hawthorne Ave

School Information

  • Elementary School: HAWTHORNE
  • Middle School: PESHINE
  • High School: UNIVERSITY

Heating & Cooling

  • Cooling Type: 3 Units, Central Air Conditioning
  • Heating Type: 3 Units, Forced Hot Air
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Available, Public Sewer
  • Water: Public Water
  • Utility Description: All Underground, Electric, Gas In Street, Fiber Optic Available, Garbage Included

Structural Information

  • Architectural Style: Triplex, Under/Over
  • Exterior Const.: Brick, ConcBrd, Vinyl Siding
  • Basement Desc.: Slab
  • Roof: Asphalt Shingles
  • Square Feet: 3,959
  • Year Built: 2026

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, Utility Room
  • Square Feet: 1307
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room
  • Square Feet: 1326
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room
  • Square Feet: 1326
  • Levels/Stories: 3
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: On-Street Parking
  • Zoning: R3
  • Lot Description: Level Lot, Open Lot

Financial Considerations

  • Expenses: Cold Water, Insurance, Taxes
  • Operating Expenses: $9,999
  • Land Assmt: $110,000
  • Tax Amount: $4,183
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: TBD
  • Disclosures: Yes
  • Block: 3067
  • Lot Number: 4

Listed by JD FRANCES REALTY & G.R.

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Listing agent

— 516 Hawthorne Ave —

  • JD FRANCES REALTY & G.R.

862-201-9086

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 516 Hawthorne Ave

School District:Newark City School District
NameGradesDistance
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-80.8 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.9 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.3 mi
Weequahic High School
279 Chancellor Avenue, Newark, NJ 07112
9-120.8 mi
Malcolm X Shabazz High School
80 Johnson Avenue, Newark, NJ 07108
9-121.2 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-121.4 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.5 mi
Ivy Hill Elementary School
107 Ivy Street, Newark, NJ 07106
PK-81.7 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-81.8 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 Hawthorne Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Listed
$1,095,000
630%
MLS
3/21/2023
Sold
$150,000
—
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 for 516 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
2%
$193,200
—
2018
$7,135
4%
$193,200
—
2017
$6,878
3%
$193,200
—
2016
$6,646
4%
$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 for 516 Hawthorne Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by JD FRANCES REALTY & G.R.

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516 Hawthorne Ave, Newark, NJ 07112 (MLS# 4003124) is a Multi-Family property with 3 units containing 9 bedrooms and 6 full bathrooms. 516 Hawthorne Ave is currently listed for $1,095,000 and was received on January 01, 2026. Want to learn more about 516 Hawthorne Ave? 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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