391 Hawthorne Ave , Newark City, Essex 07112-1644
- $900,000
391 Hawthorne Ave , Newark City, Essex 07112-1644
- $900,000
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).
Address
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Address: 391 Hawthorne Ave
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City: Newark City
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State/county: Essex
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Zip/Postal Code: 07112-1644
Details
Updated on November 2, 2025 at 2:22 pm-
Property ID HZ3975573
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Price $900,000
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Property Size 6350 Sqft
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Land Area 0.12 Acres
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Garage Size x x
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Property Status Active
Additional details
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Roof See Remarks
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Utilities Gas-Natural
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Sewer Public Sewer
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Cooling Central Air
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Heating Multi-Zone
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Flooring Laminate
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County Essex
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Property Type See Remarks
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Property Tax
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