348 Sussex Ave, Newark City, NJ 07107

Local realty services provided by:ERA Reed Realty, Inc.
348 Sussex Ave,Newark City, NJ 07107
$525,000
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:tovia lichtman
Office:keller williams mid-town direct
MLS#:3977306
Source:NJ_GSMLS

Price summary

  • Price:$525,000

About this home

Welcome to 348 Sussex Avenue, a solid brick multi-family property located in the heart of Newark. This under/over style home offers a total of 6 bedrooms and 3.5 bathrooms across two levels. Unit 1 features 3 bedrooms and 2 full baths, with two of the bedrooms located on the basement level. Unit 2 offers 3 bedrooms and 1.5 baths. Both units include spacious living/dining areas and fully equipped kitchens. The property is equipped with separate utilities and baseboard heating. Ideal for investors or owner-occupants seeking rental income, 348 Sussex Avenue is conveniently located near public transportation, shopping, and major highways. With strong income potential and a central location, this is a great opportunity to own a well-maintained property in a growing neighborhood.

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Home facts

  • Year built:1870
  • Listing Id #:3977306
  • Added:21 day(s) ago
  • Updated:August 13, 2025 at 02:15 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Half bathrooms:1

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:2 Units, Baseboard - Hotwater

Structure and exterior

  • Roof:Rubberized
  • Year built:1870
  • Lot area:0.04 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Tax amount:$9,446 (2024)
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