# 196 Sussex Ave, Newark City, NJ 07103-4071

> **TL;DR:** 7bd/4ba residential multi family, $650,000, built 1887.
> Basement. Est. $2,817/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $650,000 |
| Bedrooms | 7 |
| Bathrooms | 3 full, 1 half |
| Year Built | 1887 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,817 |
| **Total** | **$2,817** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1887
- 0.07 acre lot

## Description

### Agent Description
Welcome to 196 Sussex Ave, a well-maintained 3-family property in the heart of Newark, offering an excellent opportunity for both investors and owner-occupants alike. This versatile property features three separate units, with the added benefit of a semi-finished basement complete with a bathroom?perfect for additional living space, storage, or potential expansion. The second unit is currently vacant, making it ideal for an owner-occupant looking to live in one unit while generating rental income from the others, or for an investor seeking immediate leasing potential. Conveniently located near major transportation, schools, and local amenities, this property provides both strong income potential and long-term value. Whether you're looking to grow your portfolio or secure a multi-family home with built-in cash flow, this is an opportunity you won?t want to miss!

## Location

- **Address:** 196 Sussex Ave, Newark City, NJ 07103-4071
- **County:** Essex
- **Coordinates:** 40.74808, -74.184
- **Google Maps:** https://www.google.com/maps?q=40.74808,-74.184

## Listing Agent

- **Name:** BRENDAN DASILVA
- **Brokerage:** KELLER WILLIAMS - NJ METRO GROUP
- **Phone:** 9737837400
- **Email:** offers@dasilvateamnj.com

## Primary Photo

![196 Sussex Ave - Primary Photo](http://lh.rdcpix.com/af916a2bd58f7dbcae9a35f7a7c0c39cl-f995399058r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/196-sussex-ave-newark-city-nj-07103-4071-4022177)*

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**MLS#:** 4022177 | **Updated:** 2026-04-30
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/196-sussex-ave-newark-city-nj-07103-4071-4022177)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "196 Sussex Ave, Newark City, NJ 07103-4071",
  "description": "Welcome to 196 Sussex Ave, a well-maintained 3-family property in the heart of Newark, offering an excellent opportunity for both investors and owner-occupants alike. This versatile property features three separate units, with the added benefit of a semi-finished basement complete with a bathroom?perfect for additional living space, storage, or potential expansion. The second unit is currently vacant, making it ideal for an owner-occupant looking to live in one unit while generating rental incom",
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  "datePosted": "2026-04-30",
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```