221 Sussex Avenue Newark, NJ $ 1,350,000
221 Sussex Avenue
$ 1,350,000
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221 Sussex Avenue

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

Monthly Estimate*

$ 8,524

221 Sussex Avenue, Newark, NJ 07103 - Image 1
221 Sussex Avenue, Newark, NJ 07103 - Image 2
221 Sussex Avenue, Newark, NJ 07103 - Image 3
221 Sussex Avenue, Newark, NJ 07103 - Image 4
221 Sussex Avenue, Newark, NJ 07103 - Image 5
221 Sussex Avenue, Newark, NJ 07103 - Image 6
221 Sussex Avenue, Newark, NJ 07103 - Image 7

Commercial Property for sale in Newark, NJ

for $1,350,000.

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.

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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Newark

County/Region

Essex

MLS | Web ID

26017882

Features
General
Roof Flat
Rooms None
County ESSEX
Property Type 5+ Mixed Use
HOA N
Status Active - Active
City Newark
Taxes 13679
Year Built Details 1970's Build Prior to 1978
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$8,524
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,524
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$1,350,000 Listed Price

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221 Sussex Avenue, Newark, NJ, 07103 is a Commercial Property for sale at $1,350,000. The property's zip code is 07103 which is in Newark, NJ