# 221 Sussex Ave, Newark City, NJ 07103-2845

> **TL;DR:** commercial, $1,350,000, built 1950. Est. $5,850/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,350,000 |
| Year Built | 1950 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,850 |
| **Total** | **$5,850** |

## Property Highlights

- Built in 1950
- 0.06 acre lot
- 3 stories

## Description

### Agent Description
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.

## Location

- **Address:** 221 Sussex Ave, Newark City, NJ 07103-2845
- **County:** Essex
- **Coordinates:** 40.74851, -74.18512
- **Google Maps:** https://www.google.com/maps?q=40.74851,-74.18512

## Listing Agent

- **Name:** JORGE VELASQUEZ
- **Brokerage:** RE/MAX PROFESSIONALS I
- **Phone:** 9734504000
- **Email:** jvelasquez21@verizon.net

## Primary Photo

![221 Sussex Ave - Primary Photo](http://lh.rdcpix.com/b10a52687b50873b7b8e99d9e289a468l-f2840140758r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/221-sussex-ave-newark-city-nj-07103-2845-4030367)*

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**MLS#:** 4030367 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/221-sussex-ave-newark-city-nj-07103-2845-4030367)

---

## Structured Data

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  "name": "221 Sussex Ave, Newark City, NJ 07103-2845",
  "description": "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 Suss",
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