221 Sussex Ave, Newark City, Essex 07103-2845
  • $1,350,000

Overview

Property ID: HZ4030367

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.

  • Address: 221 Sussex Ave
  • City: Newark City
  • State/county: Essex
  • Zip/Postal Code: 07103-2845

Details

Updated on June 15, 2026 at 12:53 pm
  • Property ID HZ4030367
  • Price $1,350,000
  • Land Area 0.06 Acres
  • Year Built 1950
  • Property Status Active

Additional details

  • Roof Flat
  • Utilities Electric, Gas-Natural
  • Sewer Public Sewer
  • Cooling No Cool
  • Heating Forced Hot Air
  • County Essex
  • Property Type MixedUse

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