Property City
Newark City
Property Price
$1,350,000
Year Built
1950
Tax Annual Amount
$13679
TaxYear (*text)
2024
Roof (*text)
Flat
Lot Size Area
0.06
MLS Status
Active
MLS #
4030367
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.
Yearly Tax Rate
3.803
Year Built (*numeric)
1950
Basement
No
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
No
Cooling (*text)
No Cool
GarageSpaces
0
Heating
Forced Hot Air
Lot Size Dimensions
25X100
Data import from
GSMLS