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303 Sherman Ave Newark, NJ $ 999,000
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$ 999,000 Get more info
303 Sherman Ave
$ 999,000
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303 Sherman Ave

Newark, NJ, 07114
$ 999,000
Bedrooms-- Baths-- Sq 3,600

Monthly Estimate*

$ 6,232

303 Sherman Ave, Newark, NJ 07114 - Image 1
303 Sherman Ave, Newark, NJ 07114 - Image 2
303 Sherman Ave, Newark, NJ 07114 - Image 3
303 Sherman Ave, Newark, NJ 07114 - Image 4
303 Sherman Ave, Newark, NJ 07114 - Image 5
303 Sherman Ave, Newark, NJ 07114 - Image 6
303 Sherman Ave, Newark, NJ 07114 - Image 7

Commercial Property for sale in Newark, NJ

for $999,000 with 6 half baths. This 3,600 square foot building was built on a lot size of 0.06.

This 5-unit building combines residential and commercial space. The 4 residential units offer rental income, while the bar/restaurant offers the possibility of running your own business or rent it out for a significant increase on your rental income.

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Commercial Active

Price

$ 999,000

Half Bath

6

Property Type

Commercial

Taxes

$ 13,918

Style

MixedUse

Lot Size

0.06

Town/City

Newark

County/Region

Essex

MLS | Web ID

3942215
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating See Remarks
Cooling No Cool Window A/C(s)
Utilities All Underground
Possession at closing
Roof Flat
Zoning Commercial
Year Built 9999
Township Newark City
Property Type Mixed Use Restaurant/Bar MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District Corner Industrial Park
Lease Information Month-To-Month
County Essex
Status Active
Directions At Sherman and Concord Intersection
Number Of Units Total 5
Tax Annual Amount 13918
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 366000
Town # 1614
Tax Lot 27
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Interior
Basement Bilco-Style Door Full
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Water Source Public Water
Exterior Description Brick/Block Concrete
Building Area Total 3600
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
ANTONIO PEREIRA

Listing Agent

Re/Max New Millennium Group

Broker

Affordability Calculator

$7,392
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,232
Monthly Property Taxes
$1,160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/20/2025$999,000 Listed Price

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303 Sherman Ave, Newark, NJ, 07114 is a Commercial Property for sale at $999,000 with 3,600 sqft and a lot size of 0.06. The property's zip code is 07114 which is in Newark, NJ

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