348 Sussex Ave
Newark City, NJ 07107
Price: $525,000
GSMLS: 3977306Type: Multi-Family
Style: Under/Over
Total Units: 2
Beds: 6
Baths: 3 Full & 1 Half
Garage: No
Year Built: 1870
Acres: 0.04
Property Tax: $9,446
Description
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.
General Info
Style:
Under/Over
SqFt Building:
n/a
Total Rooms:
14
Basement:
Yes - Finished, Partial
Interior:
n/a
Roof:
Rubberized
Exterior:
Brick
Lot Size:
16.8X97
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Living Room, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Living Room, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$525,000
Tax Amount:
$9,446
Land Assessment:
$18,600
Build. Assessment:
$229,800
Total Assessment:
$248,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3977306
List Date:
07-24-2025
Days On Market:
1
Listing Broker:
KELLER WILLIAMS MID-TOWN DIRECT
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: WillowWalkCondos.com
