196 Sussex Ave, Newark City, NJ 07103
196 Sussex Ave, Newark City, NJ 07103
196 Sussex Ave, Newark City, NJ 07103
196 Sussex Ave, Newark City, NJ 07103
196 Sussex Ave, Newark City, NJ 07103
196 Sussex Ave, Newark City, NJ 07103
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Kellene Addison

Kellene Addison

+1(862) 251-4915
$ 650,000
Est. payment | /mo

7 Beds

3.5 Baths

3,049 Sqft Lot

Save
$ 650,000
Est. payment | /mo
Save

7 Beds

3.5 Baths

3,049 Sqft Lot

Open House

Sat Apr 25, 2:00pm - 4:00pm

Sun Apr 26, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4022177

Style See Remarks

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1887

Annual Tax Amount $5,566

Tax Year 2025

Lot Size 3,049 Sqft

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!

Location

State NJ

County Essex

Rooms

Basement Finished-Partially

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features None

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS - NJ METRO GROUP

Nearby Locations

Kellene Addison

"Elevating Real Estate Dreams with Heart and Expertise."

+1(862) 251-4915

addisonrealtor@gmail.com

111 Howard Blvd. Suite 202, Arlington, Jersey, 07856, United States

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196 Sussex Ave