---
title: "196 Sussex, Newark, NJ 07103"
description: "196 Sussex, Newark, NJ 07103 — NYC real estate listing on Real Estate Rebate Team. Priced at $650000. Est. potential buyer savings up to $16,250 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newjersey/newark/07103/196-sussex-nj-07103"
source: "Real Estate Rebate Team"
---

# 196 Sussex, Newark, NJ 07103

> **Listing Courtesy of:** Keller Williams Realty - NJ Metro Group

## 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!

## Property Details

- **Price**: $650000
- **Potential Buyer Rebate**: $16,250
- **Bedrooms**: 3
- **Bathrooms**: 1
- **Property Type**: 3 Family
- **Neighbourhood**: Newark City
- **Area / Borough**: Newark
- **Subdivision**: Newark
- **Listing Office**: Keller Williams Realty - NJ Metro Group
- **State**: NJ

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$16,250** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/nj/essex/newark-city)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.