196 Sussex Ave, Newark City, NJ

$650,000

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7

Beds

4

Baths

0.07

Acres

About 196 Sussex Ave

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!

Features of 196 Sussex Ave

MLS® # 4022177
Price $650,000
Bedrooms 7
Bathrooms 4.00
Full Baths 3
Half Baths 1
Acres 0.07
Year Built 1887
Type Multi-Family
Style See Remarks
Status Active

Community Information

Address 196 Sussex Ave
City Newark City
County Essex
State NJ
Zip Code 07103-4071

Amenities

Utilities Gas-Natural
Parking None
Garages None
Has Pool No

Interior

Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Finished-Partially

Exterior

Exterior Vinyl Siding
Roof See Remarks

Additional Information

Date Listed April 21st, 2026

Listing Map

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