146 Sherman Ave, Newark, NJ 07114

Local realty services provided by:CENTURY 21 Action Plus Realty
146 Sherman Ave,Newark City, NJ 07114
$750,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: grisela flores
Office: florostone realty inc.
MLS#:3982620
Source:NJ_GSMLS

Price summary

  • Price:$750,000

About this home

Experience the perfect balance of space and value-add potential with this four-unit property featuring a retail space and three spacious residential apartments. Two units have 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!

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Home facts

  • Year built:1920
  • Listing ID #:3982620
  • Added:130 day(s) ago
  • Updated:December 29, 2025 at 10:56 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1920
  • Lot area:0.06 Acres

Schools

  • High school:BELMONT
  • Middle school:H WILSON
  • Elementary school:L SPENCER

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Tax amount:$5,540 (2024)
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