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About This Home
This 0-bedroom, 0-bathroom commercial at 221 Sussex Ave in Newark City, NJ is listed for $1,350,000. Built in 1950, on a 0.06 acres lot.
Located just steps from University Heights, 221 Sussex Avenue presents a prime opportunity to own a high-yielding mixed-use property in one of Newark's most desirable investment corridors. This well-positioned building offers a total of six units, including four residential apartments and one commercial storefront, making it a versatile asset for both seasoned and first-time investors.
221 Sussex Ave offers long-term upside with immediate rental income potential. Positioned adjacent to 219 Sussex Ave, this property is also ideal for investors seeking to consolidate holdings in a high-growth area.
Key Features
- Built in 1950
- 0.06 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
221 Sussex Ave
Newark City, NJ 07103-2845
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 221 Sussex Ave is listed at $1,350,000. The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.06 acre lot, 3 stories.
This property is listed by JORGE VELASQUEZ and can be reached at 9734504000 or jvelasquez21@verizon.net.
