219 Sussex Ave,Newark City, NJ 07103
Newark City, NJ 07103
Description
Exceptional mixed-use investment opportunity in Newark's thriving University Heights neighborhood! 219 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 221 Sussex Avenue. Purchase one or both, as the seller prefers a package sale of these side-by-side properties for maximum investment potential.
Details
| MLS # | 4030320 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 108 |
| Listing Provided By | RE/MAX PROFESSIONALS I | JORGE VELASQUEZ |
Features
| Story(s) | 3 |
|---|---|
| Units | 4 |
| Zoning | Mix |
Taxes
| Property | 12572 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Listing VS Median (in 07103) | |
Price: $1,350,000 low | high Med: $2,450 On site: 108 low | high Med: 6011 | |
Market Activity 07103
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Listing VS Median (in 07103) | |
Price: $1,350,000 low | high Med: $2,450 On site: 108 low | high Med: 6011 | |
