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$1,200,000 Just Listed
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Property Description
Excellent Mixed-Use Commercial and Residential Investment Opportunity!This impressive 5000-square-foot property features a fully equipped retail business, three renovated apartments, and an income-producing parking lot.The first floor includes a renovated one-bedroom apartment with a living room, dining room, kitchen, and full bathroom. It also features an approximately 2,880-square-foot grocery/retail space, currently operating as ?Stack N Smack.? The commercial space includes new shelving, exterior signage, a three-door refrigerator, custom counter, deli sandwich station, refrigerated prep tables, Toast POS self-ordering kiosk, security cameras, ADT security system, and LED smoke-shop displays. The second floor offers two renovated apartments. Each unit features two bedrooms, a living room, dining room, kitchen, and full bathroom. The side parking lot generates approximately $2,000 per month from truck parking. A unique opportunity for investors seeking multiple income streams from commercial, residential, parking, and development components.
Full Property Details
Full Property Details for 566 Hawthorne Ave
General
- Price: $1,200,000
- Taxes: $5,910 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4053066
- Updated: 9/16/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building Only
Rental Information
- Lease/Rent Term: Gross
- Lease Terms: 3-5 Year Minimum
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 5
Additional Information
- Equipment: Restrooms - Public
Parking
- Garage Spaces: 110
- Parking: 1 Car Width, Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: Corner Property between Fabyan Place and Hawthorne Ave
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Construction: See Remarks
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- # Loading Docks: 1
- Stories in Building: 3
- Square Feet: 5,000
- Aprox. Leasable: 5,000 Sq. Ft.
- Office: 300 Sq. Ft.
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 2
- Units w/Full Bath: 3
- Units w/Half Bath: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 46X100
- Zoning: COM
Financial Considerations
- Assessment Amount: $147,800
- Land Assmt: $101,200
- Tax Amount: $5,910
- Tax Year: 2025
- Tenant Pays: Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- Disclosures: Yes
- APN: 1614-03091-0000-00007-0000-
- Block: 3091
- Lot Number: 7
Listed by Re/Max Professionals I
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Schools
Schools serving 566 Hawthorne Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.4 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 | 1.3 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 | 1.6 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 566 Hawthorne Ave
Date
Details
Price
Change
Source
9/16/2026
Listed
$1,200,000
84.62%
MLS
4/28/2025
Sold
$650,000
—
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 566 Hawthorne Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,911
7%
$147,800
—
2023
$5,510
—
$147,800
—
2022
$5,522
—
$147,800
—
2021
$5,515
33%
$147,800
—
2021
$4,157
-25%
$147,800
—
2019
$5,559
2%
$147,800
—
2018
$5,458
4%
$147,800
—
2017
$5,262
4%
$147,800
—
2016
$5,084
4%
$147,800
—
2015
$4,891
12%
$147,800
—
2013
$4,365
—
$147,800
—
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 566 Hawthorne Ave
566 Hawthorne Ave, Newark, NJ 07112 (MLS# 4053066) is a Commercial property. 566 Hawthorne Ave is currently listed for $1,200,000 and was received on September 16, 2026. Want to learn more about 566 Hawthorne Ave? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

