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221 Sussex Avenue, Newark, NJ 07103

$1,350,000
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Active
BEDS0 BATHS MLS#26017882
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional mixed-use investment opportunity in Newark's thriving University Heights neighborhood! 221 Sussex Avenue features four residential units and one ground-floor commercial space, creating multiple income streams and strong cash-flow potential. Conveniently located near universities, downtown Newark, public transportation, major highways, and ongoing redevelopment projects, this property is positioned in one of the city's most desirable rental markets. Whether you're an experienced investor or looking to expand your portfolio, this property offers a combination of stable income, future appreciation potential, and long-term value. Don't miss this opportunity to own a well-located mixed-use asset in a growing community. Also available is the neighboring property at 219 Sussex Avenue. Purchase one or both, as the seller prefers a package sale of these side-by-side properties for maximum investment potential.

221 Sussex Avenue | MLS# 26017882

This multi-family property located at 221 Sussex Avenue, Newark, NJ 07103 is currently listed for sale with an asking price of $1,350,000. Search Newark real estate on www.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Roof Type: Flat
Taxes: $13,679

Feature Descriptions

Days on Site: 35
Owner Pays: Water, Taxes

Listed By / Shown By

Listing By

Agency Name: RE/MAX Professionals 1
Agency Phone: 973-450-4000

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 4,538.18 per month $3,004.51 Principal & Interest $1,139.92 Property Tax $393.75 Homeowner's Insurance

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