328-330 Hawthorne Ave, Newark, NJ, 07112
About This Home
Exceptional fully renovated investment opportunity in the heart of Newark! This modernized multi-family property features two spacious residential units plus a bonus ground-level unit, offering a total of 10 bedrooms and 5 full bathrooms. Every inch has been thoughtfully updated with contemporary finishes, making this a true turnkey opportunity.Delivered completely vacant, this property provides unmatched flexibility for both investors and owner-occupants. Live comfortably in one unit while renting out the others to significantly offset your mortgage, or lease the entire property to maximize cash flow and generate exceptional rental income.With its spacious layouts, updated interiors, and income-producing potential, this is a rare opportunity to own a move-in-ready multi-family property in a strong rental market. Whether you're looking to house hack or expand your investment portfolio, this property offers outstanding value and limitless possibilities.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Roof: Asphalt Shingle
- Construction materials: Brick
Notable Dates
- Major remodel year: 2026
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Features
- Bedrooms,Family Room,Kitchen
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Details
- Parcel number: 1614036120000000060000
- Exclusions: Personal. belongings
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 6,098 sqft
- Lot size dimensions: 6279 SF
Parking
- Total spaces: 2
- Parking features: 2 Car Width,Attached Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,753 | $57,036 |
| Home Insurance * | $494 | $5,928 |
| Property Taxes | $1,644 | $19,728 |
| Electricity | $286 | $3,439 |
| Total | $7,177 | $86,124 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $859,999 |
| 2026-07-10 | Listed for sale | $939,999 |
| 2026-04-28 | Listing removed | $665,000 |
| 2026-03-20 | Listed for sale | $665,000 |
| 2026-03-13 | Listing removed | $665,000 |
| 2026-02-19 | Listed for sale | $665,000 |
| 2026-02-03 | Listing removed | $650,000 |
| 2026-01-07 | Listed for sale | $650,000 |
| 2025-11-03 | Listing removed | $650,000 |
| 2025-10-22 | Listed for sale | $650,000 |
| 2025-10-20 | Sold | $495,000 |
| 2025-09-16 | Pending sale | $628,900 |
| 2025-07-13 | Price change | $628,900 |
| 2025-06-09 | Listed for sale | $656,000 |
| 2024-09-22 | Listing removed | $600,000 |
| 2024-09-12 | Listed for sale | $600,000 |
| 2006-12-08 | Sold | $399,900 |
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