NJ
Essex
Newark City
07103
221 Sussex Ave
221 Sussex Ave, Newark City, NJ 07103
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Listing Type
Commercial/Industrial
Listing Status
Active
7
$1,350,000

Home Details for 221 Sussex Ave

Price
$1,350,000
Type
Commercial Sale
Year built
1950
Lot size acres
0.06
County
Essex
MLS Listing#
4030367
Property Description

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 Features
  • Heating Information
    • Electric
    • Forced Air
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: RE/MAX PROFESSIONALS I - 973-450-4000
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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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