566 Hawthorne Ave, Newark City, NJ 07112
566 Hawthorne Ave, Newark City, NJ 07112
566 Hawthorne Ave, Newark City, NJ 07112
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$ 1,200,000
Est. payment | /mo

5,000 SqFt


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$ 1,200,000
Est. payment | /mo
Save

5,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $240

MLS Listing ID 4053066

Annual Tax Amount $5,910

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Mixed Use

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.

Location

State NJ

County Essex

Zoning COM

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling 1 Unit, Central Air

Flooring Tile, Wood

Equipment Restrooms - Public

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas In Street

Roof Type Asphalt Shingle

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by RE/MAX PROFESSIONALS I
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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566 Hawthorne Ave

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