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Eric DeSilva

eric.desilva@exprealty.com +1(973) 542-9302

$ 900,000

Est. payment -/mo

Save

Active

391 Hawthorne Ave Newark City, NJ 07112

5,201 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,201 sqft

Price per Sqft $173

MLS Listing ID 3975573

Annual Tax Amount $14,574

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

Newark is full of opportunity and 391-393 Hawthorne Ave has become your oyster. The original building of Bragman's is up to date where all you have to do is buy and start collecting rents! If all three units are rented, can easily make $7,000/month. Sorry, THE BUSINESS IS NOT FOR SALE ONLY THE PROPERTY ITSELF! STATS AS FOLLOWS: - Two of three units are rented out for the next five years on a NNN w/right of renewal after five years- Each unit pays their own utilities and meters are seperated. Water is divided by the three units - Roof done in 2021 - Newer hot water heaters - Each unit (1,500sqft) has its own basement for an additional 1,000sqft storage space - Unit 1: is occupied by a community grocery store - Unit 2: originally occupied Bragman's Deli (has a walk in cooler, stove, and other equipment may be available) - Unit 3: occupied - Owner of building has an option to expand w/first right of refusal on buildings next to Bragman's (389 & 395).

Location

State NJ

County Essex

Zoning 4A

Rooms

Basement Bilco-Style Door, Finished-Partially, Full

Interior

Heating Gas-Natural

Cooling Central Air

Flooring Laminate

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by REAL

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

10

North Star Academy Charter Schools of Newark

Public | KG - 12
7

Pride Academy Charter School

Public | 5 - 8
6

Clinton Elementary School

Public | PK - 5
6

Mt. Vernon Place Elementary School

Public | PK - 8
6

George Washington School

Public | 5 - 5
6

Branch Brook Elementary School

Public | PK - 4
6

The Gray Charter School

Public | KG - 8
6

Oliver Street Elementary School

Public | PK - 8
5

Heywood Avenue Elementary School

Public | PK - 7
5

Newark Legacy Charter School

Public | KG - 4
5

Dr. Antonia Pantoja School #27

Public | PK - 8
5

Langston Hughes Elementary School

Public | PK - 5
5

Dr. Orlando Edreira Academy School No. 26

Public | PK - 8
5

Ecole Toussaint Louverture

Public | PK - 5
5

Dr. Albert Einstein Academy School No. 29

Public | PK - 8
5

Ronald Reagan Academy School No. 30

Public | PK - 8
5

Madison Monroe School #16

Public | PK - 8
5

Roseville Community Charter School

Public | KG - 3
5

New Horizons Community Charter School

Public | KG - 5
5

Phillip's Academy Charter School

Public | KG - 8

Middle Schools 17

9

Science Park High School

Public | 7 - 12
7

Great Oaks Charter School

Public | 6 - 9
5

Arts High School

Public | 7 - 12
4

Krumbiegel Middle School

Public | 6 - 8
4

University High School

Public | 7 - 12
4

American History High School

Public | 6 - 12
3

Union Avenue Middle School

Public | 6 - 8
3

Universiy Middle School

Public | 6 - 8
2

Merit Preparatory Charter School of Newark

Public | 6 - 7
1

Eagle Academy

Public | 6 - 7
1

Newark Early College High School

Public | 6 - 10
0

Bruriah High School for Girls

Private | 7 - 12
0

Fast Track Success Academy

Public | 6 - 12
0

Elyon Learning Center Academy

Private | 8 - 12
0

Link Community School

Private | 7 - 8
0

St Benedict's Preparatory School

Private | 7 - 12
0

Alif Muhammad's Nia School

Private | 8 - 12

High Schools 20

10

Technology High School

Public | 9 - 12
8

Bard Early College High School

Public | 9 - 12
5

Newark Tech

Public | 9 - 12
3

Hillside High School

Public | 9 - 12
3

People's Preparatory Charter School

Public | 9 - 11
2

Newark Vocational High School

Public | 9 - 12
1

Irvington High School

Public | 9 - 12
1

Weequahic High School

Public | 9 - 12
1

West Side High School

Public | 9 - 12
1

Central High School

Public | 9 - 12
1

Malcom X Shabazz High School

Public | 9 - 12
1

Barringer High School

Public | 9 - 12
1

Paulo Freire Charter School

Public | 9 - 10
1

Newark Preparatory Charter School

Public | 9 - 10
0

Benedictine Academy

Private | 9 - 12
0

Newark Bridges High School

Public | 9 - 12
0

Newark Innovation Academy

Public | 9 - 12
0

Newark Leadership Academy

Public | 9 - 12
0

St Vincent Academy

Private | 9 - 12
0

Visions Academy Charter High School

Public | 9 - 12

School and business data provided by Attom Data.