391 Hawthorne Ave, Newark City, NJ 07112
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James Balletto

James Balletto

+1(609) 349-2987
$ 900,000
Est. payment | /mo

5,201 SqFt

Save
$ 900,000
Est. payment | /mo
Save

5,201 SqFt

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

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REAL

Nearby Locations

James Balletto

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 349-2987

balletto.j@gmail.com

12 Terry Drive Suite 204, Newtown, Pennsylvania 18940, United States

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391 Hawthorne Ave