Active

$1,095,000

516 Hawthorne Ave, Newark City, NJ 07112

9beds

3,959sqft

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Multi Family

Built in 2026

-- sqft lot

$1,094,400 Zestimate^®

$277/sqft

$-- HOA

What's special

Six bathroomsNine bedroomsSprinkler system

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.

197 days

62

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 6
Full bathrooms: 6

Heating

3 Units, Forced Air, Electric, Natural Gas

Cooling

3 Units, Central Air

Appliances

Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven, Gas Water Heater
Laundry: Laundry Room

Features

Walk-In Closet(s), Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, Utility Room
Flooring: Wood
Basement: None
Has fireplace: No

Interior area

Total structure area: 3,959
Total interior livable area: 3,959 sqft

Property

Parking

Parking features: On Street, On Site, On-Street Parking
Has uncovered spaces: Yes

Features

Exterior features: Curbs, Sidewalk

Lot

Size: 4,791 Square Feet
Dimensions: 25 x 100
Features: Level, Open Lot

Details

Parcel number: 1614030670000000040000
Zoning description: R3
Other equipment: Intercom

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Slab
Roof: Asphalt Shingle

Condition

Under Construction
New construction: Yes
Year built: 2026

Utilities & green energy

Gas: Gas In Street
Sewer: Public Available, Public Sewer
Water: Public
Utilities for property: Underground Utilities, Electricity Connected, Gas In Street, Fiber Optic Available, Garbage Included

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Alarm Sys, Fire Extinguisher

Location

Region: Newark

Financial & listing details

Price per square foot: $277/sqft
Tax assessed value: $110,000
Annual tax amount: $4,183
Date on market: 1/2/2026
Exclusions: TBD
Total actual rent: 8700
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$1,094,400

$1.04M - $1.15M

$2,938/mo

Price history

Date	Event	Price
1/2/2026	Listed for sale	$1,095,000$277/sqft
Source: GSMLS #4003124 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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