566 Hawthorne Ave, Newark City NJ 07112-1127

Property City
Newark City
Property Price
$1,200,000
Year Built
9999
Tax Annual Amount
$5910
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Floors No
Tile, Wood
Lot Size Area
0.11
MLS Status
Active
MLS #
4053066

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.

Yearly Tax Rate
3.999
Year Built (*numeric)
9999
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
1 Unit, Central Air
GarageSpaces
110
Heating
4+ Units
Lot Size Dimensions
46X100
Property Location

40.72084, -74.21735

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Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762