Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    140 Lincoln Ave Hawthorne, NJ 07506

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $749,000

    Multifamily/mixed-use property with residential and business potential.

    Lot size:
    0.16 Acres

    Property Features for 140 Lincoln Ave

    General Information

    Standard status
    Pending
    Lot size
    0.16 Acres

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Michael G Gabriel
    Source: Exitrealty

    Listing Agency: RE/MAX SELECT Listing Agent: Michael G Gabriel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Versatile Multifamily/Mixed-Use Property

    This multi-family/mixed-use property offers flexibility for residential and business use. It features two large units with a total of 8 bedrooms and 3.5 bathrooms. The property is located in a convenient area. The fully finished basement provides additional living or storage space, suitable for a home office or business operations. Parking is available for up to 10 cars in both the front and back. The property is close to schools, restaurants, shopping centers, and major transportation routes. The layout allows for a live/work setup or conversion into a multi-unit residence. The property is located in Hawthorne Boro, NJ. Investors may appreciate the potential for rental income or business use, while homeowners can enjoy the flexibility of working from home. It offers an opportunity for both residential and commercial use, or conversion into a full multi-family property.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hawthorne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1470735
    Latitude
    40.9468416

    Nearby Similar for Sale

    • New
      $899,900
      2,688 SF

      Well-Maintained Two-Family Home

      Two-family home in Hawthorne, NJ with modern amenities.
      128 Ethel Ave, Hawthorne, NJ 07506
      View Details
    • New
      $799,000

      Hawthorne Two-Family Home For Sale

      Two-family home in Hawthorne with park views and updated features.
      10 Brookside Ave, Hawthorne, NJ 07506
      View Details
    • New
      $799,000
      0.13 Acres

      Two-Family Home Backing Goffle Brook

      Two-unit home with park views and desirable amenities.
      10 Brookside Ave, Hawthorne, NJ 07506
      View Details
    • $1,250,000
      3,344 SF

      Renovated Three-Story Multi-Family Building

      Turnkey investment opportunity: fully renovated three-family building in Hawthorne Boro.
      633 Lafayette Ave, Hawthorne, NJ 07506
      View Details
    • $699,000
      9,999 SF

      Hawthorne Mixed-Use Income Property

      Three-story mixed-use property with retail and residential units.
      213 Van Winkle Ave, Hawthorne, NJ 07506
      View Details
    • $1,700,000
      15,000 SF

      Hawthorne, NJ Industrial Property

      15,000 SF Warehouse, 9% Cap Rate
      109 Ethel Ave, Hawthorne, NJ 07506
      View Details
    • Contact for pricing

      Restaurant Property For Sale

      Restaurant property for sale, diner on site, sold separately.
      109 Goffle Rd, Hawthorne, NJ 07506
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multifamily/mixed-use property with residential and business potential.
    Where is this mixed-use property located?
    The property is located at 140 Lincoln Ave Hawthorne, NJ.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Multi-family/mixed-use property suitable for residential and business purposes or full multi-family conversion.; - Two large units featuring a total of 8 bedrooms and 3.5 bathrooms.; - Ample parking with space for up to 10 cars.
    (973) 575-6005
    Request Owner's contact information
    140 Lincoln Ave Hawthorne, NJ 07506
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    140 Lincoln Ave
    Hawthorne, NJ 07506
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 Lincoln Ave Hawthorne, NJ 07506
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael G Gabriel
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!