New Construction
For Sale
Contact for pricing
516-518 Hawthorne Avenue, Newark, NJ 07112
Each apartment includes built-in laundry and separate gas and electric meters.
Property SizeContact for details
Days on Market38
Property Features for 516-518 Hawthorne Avenue
General Information
Standard status
Active
Property subtype
Multi Family 2-4 Units
Units
Unit Mix
3 x 3BR/2BA
Multifamily Units
3
Additional Details
Sprinkler System
Yes
Amenities
built-in laundry
Building Details
Buildings
1
Listing Agency:
JD Frances Realty
(862) 201-9086
Listed By:
Jean Michel Sery
(862) 201-9086
Source:
Capmarkrealty
Added: Jul 24
Changed: Aug 28
Last Checked: Aug 29 at 6:11AM
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 JD Frances Realty
Investment Insights
Based on property information with market context.
Located at 516-518 Hawthorne Avenue in Newark, New Jersey, this triplex is currently under construction and is designed with three apartments. The property will provide nine bedrooms and six bathrooms overall, with each unit configured with three bedrooms and two bathrooms. Built-in laundry is planned for every apartment, along with separate gas and electric metering. A sprinkler system is also included in the construction plans.
The estimated completion date is June 20th 2026. All three apartments are expected to carry the same rent amount, and the property is scheduled to receive a five years tax abatement. The combination of three consistent unit layouts, individual utility meters, and dedicated laundry facilities defines the planned residential configuration.
The estimated completion date is June 20th 2026. All three apartments are expected to carry the same rent amount, and the property is scheduled to receive a five years tax abatement. The combination of three consistent unit layouts, individual utility meters, and dedicated laundry facilities defines the planned residential configuration.
Key Highlights
- Three‑unit property with 9 bedrooms and 6 bathrooms
- Each apartment offers 3 bedrooms and 2 bathrooms
- Built‑in laundry provided in every apartment
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Each apartment includes built-in laundry and separate gas and electric meters.
Where is this triplex located?
The property is located at 516-518 Hawthorne Avenue Newark, NJ.
What are key features of this property?
This property features: Three‑unit property with 9 bedrooms and 6 bathrooms; Each apartment offers 3 bedrooms and 2 bathrooms; Built‑in laundry provided in every apartment
