NJ
Essex
Newark City
07103
196 Sussex Ave
196 Sussex Ave, Newark City, NJ 07103
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Listing Type
Multi Family
Listing Status
Active
20
$650,000

Home Details for 196 Sussex Ave

Price
$650,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Year built
1887
Lot size acres
0.07
County
Essex
Total rooms
13
Basement
Partially Finished
Days on site
72
MLS Listing#
4022177
Property Description

Welcome to 196 Sussex Ave, a well-maintained 3-family property in the heart of Newark, offering an excellent opportunity for both investors and owner-occupants alike. This versatile property features three separate units, with the added benefit of a semi-finished basement complete with a bathroom perfect for additional living space, storage, or potential expansion. The second unit is currently vacant, making it ideal for an owner-occupant looking to live in one unit while generating rental income from the others, or for an investor seeking immediate leasing potential. Conveniently located near major transportation, schools, and local amenities, this property provides both strong income potential and long-term value. Whether you're looking to grow your portfolio or secure a multi-family home with built-in cash flow, this is an opportunity you won't want to miss!

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Partially Finished
Listing Courtesy: KELLER WILLIAMS - NJ METRO GROUP - 973-783-7400
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
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