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    Newark City Multi-Family Property Title is generated by Realmo AI

    196 Sussex Ave, Newark, NJ 07103

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    Claim this Listing
    For Sale
    $650,000

    Multi-Family, See Remarks - Newark City, NJ

    Lot size:
    0.07 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    65
    Last Refresh:
    Jun 24 at 12:06 am

    Property Features for 196 Sussex Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room
    Basement Y/N
    1
    Standard status
    Active
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5566

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1887
    Number of units
    3
    Building materials
    Vinyl Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    BRENDAN DASILVA

    Listing agent BRENDAN DASILVA

    Listing office KELLER WILLIAMS - NJ METRO GROUP 237 LORRAINE AVE, Montclair, NJ

    Listing date Apr 21, 2026

    MLS# 4022177 Listing URL

    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.

    HighLights

    • Three separate units offer income potential.
    • Vacant second unit provides immediate occupancy.
    • Semi‑finished basement with bathroom offers additional space.
    • Convenient location near transportation, schools, and amenities.
    • Well‑maintained property with vinyl siding.
    • Hot water baseboard heating.

    Overview

    Located in Newark City, this well-maintained three-family property at 196 Sussex Ave offers an opportunity for investors and owner-occupants. The property features three separate units and a semi-finished basement with a bathroom, suitable for additional living space, storage, or expansion. One of the units is currently vacant, presenting immediate leasing potential for investors or the option for an owner-occupant to reside in one unit while generating rental income from the others. The property is conveniently located near major transportation, schools, and local amenities. The lot size is 0.07 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.184
    Latitude
    40.74808

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family property in Newark, ideal for investors/owner-occupants.
    Where is this triplex located?
    The property is located at 196 Sussex Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Three separate units offer income potential.; Vacant second unit provides immediate occupancy.; Semi‑finished basement with bathroom offers additional space.
    (973) 783-7400
    We can help!
    Listing Contact
    BRENDAN DASILVA
    Real Estate License ID: 1753996
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