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219 Sussex Ave Newark, NJ $ 1,350,000
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$ 1,350,000 Get more info
219 Sussex Ave
$ 1,350,000
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219 Sussex Ave

Newark, NJ, 07103
$ 1,350,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,312

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Commercial Property for sale in Newark, NJ

for $1,350,000 with 6 half baths. This building was built in 1950 on a lot size of 0.06.

Welcome to 219 Sussex Avenue, a well-maintained and income-generating mixed-use property located in the heart of Newark's thriving University Heights neighborhood. This versatile building features four residential units and one commercial storefront, offering a strong and stable rental portfolio in one of Newark's most dynamic corridors. Don't miss this rare opportunity to own a high-performing asset in one of Newark's fastest-growing neighborhoods! 219 Sussex Ave delivers the ideal blend of location, flexibility, and ROI potential.

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Commercial Active

Price

$ 1,350,000

Half Bath

6

Property Type

Commercial

Taxes

$ 12,572

Style

MixedUse

Lot Size

0.06

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

4030320
Features
General
Sewer Public Sewer
Construction See Remarks
Heating Forced Hot Air
Cooling No Cool
Utilities Electric Gas-Natural
Possession T.B.D.
Roof Flat
Zoning Mix
Garage Spaces 0
Year Built 1950
Township Newark City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location See Remarks
County Essex
Status Active
Directions Norfolk St. to Sussex Ave.
Number Of Units Total 4
Tax Annual Amount 12572
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 330600
Town # 1614
Tax Lot 35
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Exterior
Water Source Public Water
Total Parking 0
Exterior Description See Remarks
Building Area Total 0
Lot Dimensions 24X100
Lot Size Acres 0.06
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Interior
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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* Excluded Features
List By
JORGE VELASQUEZ

Listing Agent

Re/Max Professionals I

Broker

jvelasquez21@verizon.net

Email

Affordability Calculator

$9,360
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$1,048
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/27/2026$1,350,000 Listed Price

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219 Sussex Ave, Newark, NJ, 07103 is a Commercial Property for sale at $1,350,000 with a lot size of 0.06. 219 Sussex Ave was built in 1950. The property's zip code is 07103 which is in Newark, NJ

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