516 Hawthorne Ave
Newark City, NJ 07112
Price: $1,095,000
GSMLS: 4003124Type: Multi-Family
Style: Triplex, Under/Over
Total Units: 3
Beds: 9
Baths: 6 Full
Garage: No
Year Built: 2026
Acres: 0.11
Property Tax: $4,183
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.
General Info
Style:
Triplex, Under/Over
SqFt Building:
3,959
Total Rooms:
12
Basement:
No - Slab
Interior:
Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Intercom, Smoke Detector, Walk-In Closet, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Brick,ConcBrd,Vinyl
Lot Size:
25X100
Lot Desc:
Level Lot, Open Lot
Parking
Garage Capacity:
No
Description:
On Site, On-Street Parking
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Forced Hot Air
Heating Fuel:
Electric, Gas-Natural
Cooling:
3 Units, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Available, Public Sewer
Utilities:
All Underground, Electric, Gas In Street
Services:
Fiber Optic Available, Garbage Included
School Information
Elementary:
HAWTHORNE
Middle:
PESHINE
High School:
UNIVERSITY
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,095,000
Tax Amount:
$4,183
Land Assessment:
$110,000
Build. Assessment:
$0
Total Assessment:
$110,000
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4003124
List Date:
01-01-2026
Days On Market:
0
Listing Broker:
JD FRANCES REALTY & G.R.
Listing Agent:
Jeanmichel Sery
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
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