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Listed by Jorge Velasquez RE/MAX Professionals 1
$1,350,000
Est. payment /mo
New
221 Sussex AVE Newark, NJ 07103
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26017880
Style Retail
Property Sub-Type Retail
Property Description
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.
Location
State NJ
County Essex
Interior
Heating Electric, Gas
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