$1,095,000
NEW CONSTRUCTION

516 Hawthorne Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated payment $6,367/month

Total Views 21,735
9 Beds
6 Baths
3,959 Sq Ft
$277 Price per Sq Ft

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Intercom
  • Multiple cooling system units
  • Home to be built

About This Home

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.

Listing Agent

Jeanmichel Sery

JD FRANCES REALTY & G.R. Brokerage Phone: 862-201-9086 Listed on: 01/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 2026 | Under Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Vinyl Fence
  • Level Lot
  • Open Lot

Home Design

  • Home to be built
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Flooring

  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • On-Site Parking

Schools

  • Hawthorne Elementary School
  • Peshine Middle School
  • University High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Community Details

  • 3,959 Sq Ft Building
  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-03067-0000-00004-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,183

Year Built

Built in 2026 | Under Construction

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Unit Style: Triplex, Under/Over
  • Year Built: 2026
  • Year Built Description: To Be Built, Under Construction
  • County Name: Essex
  • Directions: Clinton Ave to Fabyan to Hawthorne Ave
  • I D: 5403498
  • Attribution Contact: 862-201-9086
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Intercom, Smoke Detector, Walk-In Closet, Wood Floors
  • Bedrooms: 9
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Basement Description: Slab

Exterior Features

  • Exterior Description: Brick, ConcBrd, Vinyl Siding
  • Exterior Features: Curbs, Sidewalk, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On Site, On-Street Parking
  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Available, Public Sewer
  • Utilities: All Underground, Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: UNIVERSITY
  • Middle Jr High School: PESHINE

Lot Info

  • Lot Size: 25X100
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot I D Tax: *
  • Total Acres: 0.11
  • Zoning: R3

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4183
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03067-0000-00004-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: HAWTHORNE

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 For Sale $1,095,000 -- $277 / Sq Ft
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 4003124

Garden State MLS
New Jersey Essex County Newark 07108 Weequahic

516 Hawthorne Ave, Newark, NJ

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Information deemed reliable but not guaranteed.
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Listing Agent
Jeanmichel Sery
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JD FRANCES REALTY & G.R.
(201) 584-9747
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