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391 Hawthorne Ave, Newark, NJ 07112 (MLS # 3975573)

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PRICE $900,000 dsIDX morgage calculator
SIZE 6,350 sqft
LOT SIZE 5,228 sqft

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).

DAYS ON MARKET 1 LAST UPDATED 7/16/2025
YEAR BUILT 0 COMMUNITY Newark
COUNTY Essex STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA Newark
BASEMENT Full, Partially Finished, Yes
CONSTRUCTION Frame, Metal Siding
HEAT Natural Gas
LOT 5227 sq ft
PARKING On Street
SEWER Public Sewer
STORIES 1
TAXES 14574
UTILITIES Natural Gas Available
WATER Public
ZONING 4A
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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