196 Sussex Ave, Newark, NJ 07103

Newark
Local realty services provided by:ERA Reed Realty, Inc.
196 Sussex Ave,Newark City, NJ 07103
$650,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: george kiess, scott osinoff
Office: keller williams - nj metro group973-783-7400
MLS#:4022177
Source:NJ_GSMLS

Price summary

  • Price:$650,000

About this home

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!

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Home facts

  • Year built:1887
  • Listing ID #:4022177
  • Added:8 day(s) ago
  • Updated:April 30, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Half bathrooms:1
  • Rooms Total:13
  • Basement Description:Basement, Finished-Partially

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:Baseboard - Hotwater

Structure and exterior

  • Year built:1887
  • Lot area:0.07 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Tax amount:$5,566 (2025)

Features and amenities

  • Amenities:Gas-Natural
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated April 30, 2026

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