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MixedUse For Sale
221 Sussex Ave, Newark City, Essex 07103-2845
Located just steps from University Heights, 221 Sussex Avenue presents a prime opportunity to own a high-yielding mixed-use property in one of Newark’s most desirable investment corridors. This well-positioned building offers a total of six units, including four residential apartments and one commercial storefront, making it a versatile asset for both seasoned and first-time investors. 221 Sussex Ave offers long-term upside with immediate rental income potential. Positioned adjacent to 219 Sussex Ave, this property is also ideal for investors seeking to consolidate holdings in a high-growth area.
- Property Type:
- MixedUse
- Listing Type:
- For Sale
- Listing ID:
- 4030367
- Price:
- $1,350,000
- Year Built:
- 1950
- Lot Area:
- 0.06 Acre
- Status:
- Active
- Office Name:
- RE/MAX PROFESSIONALS I
- Roof:
- Flat
- Heating System:
- Forced Hot Air
- Cooling System:
- No Cool
- Sewer:
- Public Sewer
- Utilities:
- Electric, Gas-Natural
- Country:
- US
- State:
- Essex
- County:
- Essex
- City:
- Newark City
- Zipcode:
- 07103-2845
- Street:
- Sussex Ave
- Street Number:
- 221
- Longitude:
- W75° 48' 53.6''
- Latitude:
- N40° 44' 54.6''
- Directions:
- Norfolk St. to Sussex Ave.
- Zoning:
- Mix
- Lot Size Dimensions:
- 25X100
- Water Source:
- Public Water
- Stories Total:
- 3
- Number Of Units Total:
- 4
- Tax Annual Amount:
- 13679
- List Agent Mls Id:
- 259491
- List Office Mls Id:
- 226401
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-27T17:23:31Z
- Originating System Name:
- gsmls
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