Mixed-Use Property with Commercial
For Sale
$1,350,000
219 Sussex Ave #., Newark, NJ 07103
Residential units are combined with ground-floor commercial space in a multifamily and commercial configuration.
Property SizeContact for details
Days on Market96
Property Features for 219 Sussex Ave #.
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Mix
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
1950
Buildings
1
Stories
3
Units
4
Listing Agency:
RE/MAX Professionals 1
(973) 450-4000
Listed By:
Jorge Velasquez · License #259491
(973) 450-4000
Source:
Betterhomerealestate
Added: May 27
Changed: Aug 29
Last Checked: Aug 29 at 11:25PM
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 1
Investment Insights
Based on property information with market context.
Located at 219 Sussex Avenue in Newark, this mixed-use property contains four residential units and a commercial space at street level. The building was constructed in 1950 and carries Mix zoning, supporting its combined residential and commercial configuration.
The property is situated in Newark’s University Heights neighborhood, with access to nearby universities, downtown Newark, public transportation, and major highways. Ongoing redevelopment projects are also identified in the surrounding area.
The neighboring property at 221 Sussex Avenue is also available, with the seller preferring a package sale of the side-by-side properties.
The property is situated in Newark’s University Heights neighborhood, with access to nearby universities, downtown Newark, public transportation, and major highways. Ongoing redevelopment projects are also identified in the surrounding area.
The neighboring property at 221 Sussex Avenue is also available, with the seller preferring a package sale of the side-by-side properties.
Key Highlights
- Four residential units plus one ground‑floor commercial space
- Mix zoning supports the property’s combined residential and commercial layout
- Built in 1950
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,087
Businesses Nearby
Explore this area
Business Placement
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units are combined with ground-floor commercial space in a multifamily and commercial configuration.
Where is this mixed-use property located?
The property is located at 219 Sussex Ave #. 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: Four residential units plus one ground‑floor commercial space; Mix zoning supports the property’s combined residential and commercial layout; Built in 1950
