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Financial
Distress signals
Property profile

566 Hawthorne Ave Newark, NJ 07112

FOR SALE
Other commercial real estate
View Listing
Property ID
US59-2914893
0.11 ac lot
Last sale Jul 2025 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A retail storefront of approximately 2,880 square feet located at 566-568 Hawthorne Ave, Newark City, NJ 07112-1127 in Essex County. The space is configured for food and convenience retail uses and includes store signage, custom LED shelving and displays, a three-door refrigerator, a custom counter, and a deli sandwich preparation area with built-in coolers. Interior improvements also include a Toast point-of-sale system with a self-ordering kiosk, installed security cameras, an ADT security system, and LED displays designed for a smoke shop environment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$148k
Assessed land$101k
Assessed improvement$47k
Effective rate3.74%

Value estimate

· Oct 2026
$345k
$311k – $380k
NOI build-up
Gross scheduled income$154k
Vacancy & credit loss−$12k
Operating expenses−$35k
NOI · 8.86% cap applied$106k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$694/SF
Submarket average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$198 – $1,287

Cap rate analysis

How does the asset earn?
8.86%
$106k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.3
Law Firm20.1
Acupuncture11.1

Location

566 Hawthorne Ave Newark, NJ 07112
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
424 Chancellor, Newark, NJ 07112-1002 $405,000 Sep 2025 No data
379-381 Lyons, Newark, NJ 07112-1449 $975,000 Jun 2025 No data
503-507 Hawthorne, Newark, NJ 07112-1304 $57,000 Feb 2025 No data
345 Badger, Newark, NJ 07112 $300,000 Feb 2025 No data
1074-1078 Bergen, Newark, NJ 07112-2040 $1,700,000 Jan 2025 No data
377 Lyons, Newark, NJ 07112-1449 $400,000 Dec 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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