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169 Sherman Ave

Newark City, NJ 07114
  • $499,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 4037676
UPDATED: 103 min ago
$499,000
  • 9
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Description

Perfect investment opportunity in the heart of Newark City! This versatile property features two well-designed units with separate entrances. The first floor offers 4 bedrooms, a living room, an eat-in kitchen, and a full bath. The second floor offers 5 bedrooms, a living room, an eat-in kitchen, and a full bath. It is an excellent option for owner-occupants, investors, or those seeking flexible living arrangements.Conveniently situated just minutes from NYC-bound transportation and major highways, this property offers exceptional convenience. Whether you're looking to expand your portfolio or secure an income-producing property, this Newark City gem is one you won't want to miss.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-10T23:49:09.837.
www.pickpina.com/homes/178297381
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169 Sherman Ave Newark City, NJ 07114

  • Price: $499,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 103 min ago
  • MLS #: 4037676
9
Beds
2
Baths
0
½ Baths
0.06
Acres
1910
Built
County:
Essex
Area:
Newark City
Property Description
Perfect investment opportunity in the heart of Newark City! This versatile property features two well-designed units with separate entrances. The first floor offers 4 bedrooms, a living room, an eat-in kitchen, and a full bath. The second floor offers 5 bedrooms, a living room, an eat-in kitchen, and a full bath. It is an excellent option for owner-occupants, investors, or those seeking flexible living arrangements.Conveniently situated just minutes from NYC-bound transportation and major highways, this property offers exceptional convenience. Whether you're looking to expand your portfolio or secure an income-producing property, this Newark City gem is one you won't want to miss.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Brick Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling See Remarks Heating 2 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide Detector Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 5 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 8 Unit2 Sq Ft 0

Property Features

Assessment Total 217300 Building Assessment 169800 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 47500 Net Operating Income 0 Sewer Public Sewer Tax Amount 8689 Tax Rate Amount 3.999 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2250 Unit2 Security Deposit 0 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 908-370-3664.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-10T23:49:09.837.
 
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