Mixed-Use Building with Commercial
For Sale
$1,350,000
219 Sussex Ave #., Newark, NJ 07103
Four apartments complement a street-level business space in Newark’s University Heights neighborhood.
Property SizeContact for details
Days on Market152
Property Features for 219 Sussex Ave #.
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Mix
Site & Location
Neighborhood
University Heights
Highway Access
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
1950
Buildings
1
Stories
3
Units
4
Tenancy
Multi
Listing Agency:
Re/Max Professionals I
Listed By:
Jorge Velasquez · License #259491
(973) 450-4000
Source:
Cammarotarealestate
Added: May 27
Changed: Oct 22
Last Checked: Oct 22 at 2:44PM
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
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Investment Insights
Based on property information with market context.
This Newark property combines four residential units with a commercial space at ground level. Built in 1950, the building is zoned Mix and brings residential and business uses together in one asset.
The property is in the University Heights neighborhood, with universities, downtown Newark, public transportation, major highways, and redevelopment projects identified in the surrounding area. The neighboring property at 221 Sussex Avenue is also available, and the seller prefers a package sale of both properties.
The property is in the University Heights neighborhood, with universities, downtown Newark, public transportation, major highways, and redevelopment projects identified in the surrounding area. The neighboring property at 221 Sussex Avenue is also available, and the seller prefers a package sale of both properties.
Key Highlights
- Four residential units and one ground‑floor commercial space
- Built in 1950
- Zoned Mix
Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,087
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four apartments complement a street-level business space in Newark’s University Heights neighborhood.
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 and one ground‑floor commercial space; Built in 1950; Zoned Mix
