Newark City, NJ 07114,146 Sherman Ave
Newark City, NJ 07114,146 Sherman Ave
Newark City, NJ 07114,146 Sherman Ave
Newark City, NJ 07114,146 Sherman Ave
Newark City, NJ 07114,146 Sherman Ave
Newark City, NJ 07114,146 Sherman Ave
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$ 750,000
Est. payment | /mo

7 Beds

3 Baths

2,613 Sqft Lot


Save
$ 750,000
Est. payment | /mo
Save

7 Beds

3 Baths

2,613 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3982620

Style See Remarks

Bedrooms 7

Full Baths 3

Year Built 1920

Annual Tax Amount $5,540

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Experience the perfect balance of space and value-add potential with this four-unit property featuring a retail space and three spacious residential apartments. The first-floor apartment has been updated. With low taxes, minimal operating expenses, and a strong NOI, this is an excellent turnkey investment or live-work opportunity. The three-car garage offers additional rental income for boosted cash flow. Ideally located near Newark Penn Station, bus lines, local shops, and major highways, this mixed- used property combines accessibility and long-term value. Don?t miss this rare opportunity to own a mixed-use property in one of Newark?s most convenient neighborhoods!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 3.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks

Schools

Elementary Schools L Spencer

Middle Schools H Wilson

High Schools Belmont

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by FLOROSTONE REALTY INC.

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