391 Hawthorne Ave #393Newark City, NJ 07112

Commercial · 6,350 Sq. ft. | 0.12 Acres
$900,000 Active

391 Hawthorne Ave #393 Overview

Time on Site:
348 days
Visits:
3

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).

Listing provided courtesy of REAL- MLS# 3975573MLS ProviderContact Information: 862-703-9791
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391 Hawthorne Ave #393 Facts & Features

  • Type Commercial
  • Sq. ft. 6,350
  • Price/Sq.ft. $142
  • Lot 0.12 Acres

Details

General

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Renovated Year: 1
  • Year Built: 0

Location/Region

  • County Or Parish: Essex
  • Location: See Remarks

Building Exterior/Construction

  • Construction Date/Year Built Des: Standing

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Annual Amount: $14,574.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 3.728
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *

General Information

  • Inclusions: Building Only
  • Property Sub Type: Office/Retail, See Remarks
  • Property Type: Commercial
  • Zoning: 4A

Interior

Building Information

  • Available Sq Ft: 5201
  • Equipment Available: See Remarks
  • Max Ceiling Height: 15
  • Max Door Height: 10
  • Office Sq Ft: 1500

Beds/Baths

  • Bathrooms Total: 3

Building Interior

  • Building Area Total: 6350

General Information

  • Cooling: Central Air
  • Flooring: Laminate
  • Heating: Multi-Zone
  • Stories: 1

Unit Information

  • Unit Number: 393

Exterior

Building Information

  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: On-Street Parking

Lot Information

  • Approximate Lot Size: 50X104
  • Lot Size Acres: 0.12
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick/Block, Metal Frame
  • Exterior Description: See Remarks
  • Roof: See Remarks

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Gas-Natural

391 Hawthorne Ave #393 Neighborhood

Community

07112 (Newark City) Demographics

36
Median Age
13,529
Population Density (per sq. mile)
25%
College Educated
$36,289
Estimated Median Income
2,753
Estimated Total Home Owners
7,158
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

391 Hawthorne Ave #393 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

391 Hawthorne Ave #393 Market Data

Based on the last 30 days in this zip code

$433,883
Average List Price
$2,627
Average Price per Square Foot
4
Properties Sold
114
Average Days on Market
31
Properties for Sale
Calculations provided by Reliance Network

391 Hawthorne Ave #393 History

Date Event Value Agent
7/31/2025Source: Garden State MLS Added to Database
July 16, 2025