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.
Active
$525,000
348 Sussex Ave, Newark City, NJ 07107
6beds
19,998sqft
Est.:
Multi Family
Built in 1870
-- sqft lot
$532,700 Zestimate®
$26/sqft
$-- HOA
What's special
Solid brick multi-family propertyFully equipped kitchens
- 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#: 3977306

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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