REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Ataullah Barnes

ataullah@rogprodigy.com +1(973) 277-2575

$900,000

Est. payment - /mo

5,201 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,201 sqft

Price per Sqft $173

MLS Listing ID 3975573

Year Built 1930

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

Read Less Info

Listed by REAL

Ready to make a move?

Get pre-approved for this home in minutes.

Already toured or saved this listing? Take the next step. Start a secure application below and find out exactly what you qualify for — no credit hit, no obligation. Sellers take pre-approved buyers seriously.

Start your pre-approval

Secure · Powered by Bond Street Loans

No Credit Hit

Soft pull only — your score won't be affected.

Takes 5 Minutes

Quick online application — get answers fast.

Win More Offers

Pre-approved buyers stand out to sellers.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Ataullah Barnes

+1(973) 277-2575

Broker | License ID: 0454603

Broker License ID: 0454603

391 Hawthorne Ave Newark City, NJ 07112

Ataullah Barnes

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Get pre-approved for this home in minutes.

Start your pre-approval

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

391 Hawthorne Ave