$650,000

196 Sussex Avenue, Newark, NJ 07103

  • 3 beds |
  • 1 bath
  • Property Icon Triplex
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

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!

Listing Status:
Active
Date Added:
April 21, 2026
Data Last Updated:
April 25, 2026 at 12:57AM
Listing Office:
Keller Williams Realty - NJ Metro Group : 973-783-7400
Listing Agent:
Brendan Dasilva : (862) 213-0008
MLS ID:
26013902
  • Rooms: 13
  • Laundry: None
  • County: ESSEX
  • Utilities: Sep ElecSep GasSep HeatSep Water

This listing courtesy of Brendan Dasilva , Keller Williams Realty - NJ Metro Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sussex Avenue Elementary School

307 Sussex Ave, Newark, NJ, 07107

Grades PK-8

0.32 miles away

S

Sussex Avenue Elementary School

307 Sussex Ave, Newark, NJ, 07107

Grades PK-8

0.32 miles away

S

Science Park High School

260 Norfolk St, Newark, NJ, 07103

Grades 7-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.