5,000 sqft

$1,100,000

566 Hawthorne Ave, Newark City NJ, 07112

Price per sqft$220.00

Property size5,000 sqft

Property typeCommercial

Overview

Active

Listed Sep 16, 2026

Updated 2 days ago

Excellent Mixed-Use Commercial and Residential Investment Opportunity!This impressive 5000-square-foot property features a fully equipped retail business, three renovated apartments, and an income-producing parking lot.The first floor includes a renovated one-bedroom apartment with a living room, dining room, kitchen, and full bathroom. It also features an approximately 2,880-square-foot grocery/retail space, currently operating as "Stack N Smack. The commercial space includes new shelving, exterior signage, a three-door refrigerator, custom counter, deli sandwich station, refrigerated prep tables, Toast POS self-ordering kiosk, security cameras, ADT security system, and LED smoke-shop displays. The second floor offers two renovated apartments. Each unit features two bedrooms, a living room, dining room, kitchen, and full bathroom. The side parking lot generates approximately $2,000 per month from truck parking. A unique opportunity for investors seeking multiple income streams from commercial, residential, parking, and development components.

Other Property Details

Taxes: $5,910
Tax Frequency: Annually
Garage: Yes

Courtesy of RE/MAX PROFESSIONALS I with CARMEN JIMENEZ,
Listing Contact: 9734504000

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