Mixed-Use Building with Retail
219 SUSSEX AVE Unit . Newark, NJ 07103
219 SUSSEX AVE Unit ., Newark, NJ, 07103
$1,350,000
For Sale
$1,350,000
A well-maintained mixed-use asset with four residential units and a ground-floor commercial storefront in University Heights.
Days on Market68
Property Features for 219 SUSSEX AVE Unit .
General Information
- Standard status
- Active
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1950
Listing Agency
RE/MAX PROFESSIONALS I
(973) 450-4000
Listed by
JORGE VELASQUEZ · License #446388
Source
Xome
Added: May 12 Checked: Jun 14 at 2:10 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX PROFESSIONALS I
Investment Insights
Based on property information with market context.
219 Sussex Avenue is a well-maintained mixed-use building that includes four residential units and one commercial storefront. The property is designed to support multiple income streams, combining apartment living with a retail-ready street-facing component.
The building is located in Newark’s University Heights neighborhood, an area described as a dynamic commercial corridor in the property remarks. With residential and retail space under one roof, the configuration can simplify ownership and allow for flexible use of the storefront within the same overall asset.
For buyers seeking a straightforward residential income and storefront combination, this property offers a clear, multi-tenant structure with a total of four residential units plus a dedicated commercial space. The mix may appeal to operators looking to manage both rental apartments and a separate retail tenant profile from a single location. As presented, the offering is for sale and is positioned as an income-generating building with an on-site commercial storefront alongside the residential units.
The building is located in Newark’s University Heights neighborhood, an area described as a dynamic commercial corridor in the property remarks. With residential and retail space under one roof, the configuration can simplify ownership and allow for flexible use of the storefront within the same overall asset.
For buyers seeking a straightforward residential income and storefront combination, this property offers a clear, multi-tenant structure with a total of four residential units plus a dedicated commercial space. The mix may appeal to operators looking to manage both rental apartments and a separate retail tenant profile from a single location. As presented, the offering is for sale and is positioned as an income-generating building with an on-site commercial storefront alongside the residential units.
Key Highlights
- Mixed‑use property with 4 residential units and 1 ground‑floor commercial storefront
- Located in Newark’s University Heights neighborhood
- Flat roof; year built 1950
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Residential income property - A well-maintained mixed-use asset with four residential units and a ground-floor commercial storefront in University Heights.
Where is this residential income property located?
The property is located at 219 SUSSEX AVE Unit . Newark, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Mixed‑use property with 4 residential units and 1 ground‑floor commercial storefront; Located in Newark’s University Heights neighborhood; Flat roof; year built 1950
