221 Sussex Ave, Newark City, NJ

$1,350,000

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0.06

Acres

About 221 Sussex Ave

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.

Features of 221 Sussex Ave

MLS® # 4030367
Price $1,350,000
Acres 0.06
Year Built 1950
Type Commercial
Status Active

Community Information

Address 221 Sussex Ave
City Newark City
County Essex
State NJ
Zip Code 07103-2845

Amenities

Utilities Electric, Gas-Natural
Parking None

Interior

Heating Electric, Gas-Natural
# of Stories 3
Has Basement No

Exterior

Exterior SeeRem
Roof Flat

Additional Information

Date Listed May 27th, 2026
Zoning Mix

Listing Details

OfficeRE/MAX PROFESSIONALS I
Contact Info973-450-4000

Listing Map

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