




196 Sussex Ave, Newark, NJ, 07103
About This Home
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!
Getting Around
Schools
Construction
Condition
- Year built: 1887
Materials
- Roof: See Remarks
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: See Remarks
Basement
- Has basement: Yes
- Basement: Yes,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3.1
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Bedrooms,Living/Dining Room
Heating & Cooling
- Heating features: Baseboard - Hotwater,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614028430000000060000
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 27 x 113.5
Parking
- Parking features: None
