Property

Newark City, NJ 07103 221 Sussex Ave

221 Sussex Ave Newark City, NJ - Image 1221 Sussex Ave Newark City, NJ - Image 2221 Sussex Ave Newark City, NJ - Image 3
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221 Sussex Ave Newark City, NJ - Image 4221 Sussex Ave Newark City, NJ - Image 5221 Sussex Ave Newark City, NJ - Image 6
Presented By: RE/MAX PROFESSIONALS I
  • MLS# 4030367
  • 05/27/2026
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  • Full/Half Baths • 0 / 6

Home Details

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.
Presented By: RE/MAX PROFESSIONALS I

Interior Features for 221 Sussex Ave

Bathrooms

Num Units w/Full Bath5
Num Units w/Half Bath
Half Baths6

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units1
Num 2 Bdrm Units2
Num 1 Bdrm Units1
Fuel TypeElectric, Gas-Natural
Total Stories3

General for 221 Sussex Ave

ConstructionSee Remarks
CoolingNo Cool
CountyEssex
DirectionsNorfolk St. to Sussex Ave.
Documents AvailableSee Remarks
DriveNone
EasementUnknown
Equipment AvailableSee Remarks
Garage Spaces
HeatingForced Hot Air
Leasable Area
LocationSee Remarks
Num Apts4
Number Of Units Total4
OwnershipFee Simple
PossessionTBD
Property TypeMixed Use
Property TypeMixedUse
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount13679
Tax Assessed Value359700
Tax Lot36
Tax Year2024
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built1950
ZoningMix

Exterior for 221 Sussex Ave

Building Area Total
Exterior DescriptionSee Remarks
Lot Dimensions25X100
Lot Size Acres0.06
Max Ceiling Height
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking0
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $1,350,000
MLS#4030367
List Date 05/27/2026
Property Type Commercial
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