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566 Hawthorne Ave Newark City, NJ 07112
5,000 SqFt
UPDATED:
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 $220
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
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