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  • $525,000

    348 Sussex Ave, Newark City, NJ 07107

    6beds
    19,998sqft
    : 
    Multi Family
    Built in 1870
    -- sqft lot
    $532,700 Zestimate®
    $26/sqft
    $-- HOA

    What's special

    Solid brick multi-family propertyFully equipped kitchens
    Welcome to 348 Sussex Avenue, a solid brick multi-family property located in the heart of Newark. This under/over style home offers a total of 6 bedrooms and 3.5 bathrooms across two levels. Unit 1 features 3 bedrooms and 2 full baths, with two of the bedrooms located on the basement level. Unit 2 offers 3 bedrooms and 1.5 baths. Both units include spacious living/dining areas and fully equipped kitchens. The property is equipped with separate utilities and baseboard heating. Ideal for investors or owner-occupants seeking rental income, 348 Sussex Avenue is conveniently located near public transportation, shopping, and major highways. With strong income potential and a central location, this is a great opportunity to own a well-maintained property in a growing neighborhood.
    19 days
    on Zillow
    |
    655
    |
    47
    |

    Zillow last checked: 23 hours ago

    Listing updated: July 24, 2025 at 06:46am

    Listed by:

    Tovia Lichtman 347-470-6144,

    Keller Williams Mid-Town Direct

    Source: GSMLS,MLS#: 3977306MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 348 Sussex Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3.1
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • 2 Units, Baseboard - Hotwater, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range/Oven - Gas, Refrigerator, Dishwasher, Dryer, Microwave Oven, Washer
    Features
    • Bedrooms, Kitchen, Living Room, Living/Dining Room
    • Basement: Yes,Finished,Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 19,998
    • Total interior livable area: 19,998 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 1,742.4 Square Feet
    • Dimensions: 16.8 x 97
    Details
    • Parcel number: 1614018750000000020000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & HOA

    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $26/sqft
    • Tax assessed value: $248,400
    • Annual tax amount: $9,446
    • Date on market: 7/24/2025
    • Total actual rent: 19998
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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