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Listed by Brendan Dasilva Keller Williams Realty - NJ Metro Group
$650,000
Est. payment /mo
3 Beds
1 Bath
Active
196 Sussex AVE Newark, NJ 07103
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26013902
Style 3 Family
Bedrooms 3
Full Baths 1
Property Sub-Type 3 Family
Property Description
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!
Location
State NJ
County Essex
Interior
Laundry None
Nearby Locations
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