BEDS7
BATHS3 full 1 partial
MLS#4022177
STATUS
PROPERTY TYPEMulti Unit - Multiple
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
Property Type: Multi Unit - Multiple
Basement: Finished-Partially
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: Baseboard - Hotwater
Lot Size: 0.07 Acres
Taxes: $5,566
Year Built: 1887
Feature Descriptions
Days on Site: 1
Exterior: Vinyl Siding
Lot Dimensions: 0.07 acre(s)
Parking Notes: None
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS - NJ METRO GROUP
Agency Contact: 973-783-7400
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,100.03 per month $1,446.62 Principal & Interest $463.83 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
196 Sussex Ave | MLS# 4022177
This multi-family property located at 196 Sussex Ave, Newark, NJ 07103 is currently listed for sale with an asking price of $650,000. Search Newark real estate on www.realtymark.net today.