Three-Unit Storefront
For Sale
$900,000
391 Hawthorne Ave #393, Newark, NJ 07112
Two spaces carry NNN leases, while the third unit is also occupied.
Property Size5,201 SF
Price / SF$173.04
Days on Market465
Property Features for 391 Hawthorne Ave #393
General Information
Standard status
Active
Size
5,201 SF
Property subtype
Commercial
Zoning
4A
Occupancy
67%
Building Details
Building Size
5,201 SF
Year Built
1930
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Real
(973) 607-2001
Listed By:
Carolina Campbell
(646) 859-2368
Source:
Cammarotarealestate
Added: Jul 16, 2025
Changed: Oct 22
Last Checked: Oct 22 at 2:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real
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Investment Insights
Based on property information with market context.
At 391 Hawthorne Ave, the three-unit storefront property includes a basement beneath each space. Each unit measures 1,500 square feet, with an additional 1,000 square feet of basement storage. The first unit houses a community grocery store; the second has a walk-in cooler, stove, and other equipment that may be available. The third unit is occupied. The building’s roof was replaced in 2021, and hot water heaters are newer.
Two units are leased on NNN terms for five years, with a renewal right after that period. Each unit has a separate meter and pays its own utilities; water costs are divided among the three spaces. The property is zoned 4A.
Two units are leased on NNN terms for five years, with a renewal right after that period. Each unit has a separate meter and pays its own utilities; water costs are divided among the three spaces. The property is zoned 4A.
Key Highlights
- Three storefront units, each with a 1,500‑square‑foot interior and 1,000‑square‑foot basement
- Two units leased on NNN terms for five years, with a renewal right after the initial term
- Separate utility meters; water service is divided among the three units
Property Analytics
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Open Analytics
Current Use
Lease Details
66.7%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,287
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
7,314 visits/mo
0.3 miles
Demographics for 07112, NJ
29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Scentiments Florist — 1025 Bergen St, Newark, NJ 07112
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- Floreria — 66 Cypress St, Newark, NJ 07108
- Newark Flower Shop — 823 S 14th St, Newark, NJ 07108
Frequently Asked Questions
What type of property is this?
Storefront property - Two spaces carry NNN leases, while the third unit is also occupied.
Where is this storefront property located?
The property is located at 391 Hawthorne Ave #393 Newark, NJ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Three storefront units, each with a 1,500‑square‑foot interior and 1,000‑square‑foot basement; Two units leased on NNN terms for five years, with a renewal right after the initial term; Separate utility meters; water service is divided among the three units
