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168 Sherman Ave Newark, NJ $ 1,290,000
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$ 1,290,000 Get more info
168 Sherman Ave
$ 1,290,000
Back to search
Share Save

168 Sherman Ave

Newark, NJ, 07114
$ 1,290,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,048

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Commercial Property for sale in Newark, NJ

for $1,290,000 with 8 half baths. The lot size is 0.08.

Must see legal 6 Family Investment opportunity! Completely renovated inside & out in 2020, this turn-key property features major updates including a new roof, beams, plumbing, electrical, siding and HVAC systems. Each unit offers 2 bedrooms, 1 bath, an open-concept kitchen/dining area, high ceilings, stainless steel appliances, and is internet, phone and cable ready. A camera/intercom system is installed in every unit for added security and convenience. All separate utilities and a bonus finished basement. Located near Downtown Newark, Newark International Airport, Newark Penn Station with easy access to major highways and public transportation, this is great chance to lock into a market with rising demand and solid growth potential.

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Commercial Active

Price

$ 1,290,000

Half Bath

8

Property Type

Commercial

Taxes

$ 21,867

Style

Apartment Complex

Lot Size

0.08

Town/City

Newark

County/Region

Essex

MLS | Web ID

3992810
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units Forced Hot Air
Cooling 4+ Units Central Air
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle
Zoning I-1 Light Ind
Garage Spaces 0
Year Built 9999
Tenant Pays Electric Gas Heat Hot Water
Township Newark City
Property Type Apartment Complex See Remarks Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Residential Area
County Essex
Status Active
Directions Frelinghuysen Ave. to Earl St. to Sherman Ave.
Number Of Units Total 6
Tax Annual Amount 21867
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 575000
Town # 1614
Tax Lot 22
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Interior
Basement Finished Full
Flooring Laminate Tile
Fuel Type Gas-Natural
Total Stories 3
Half Baths 8
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Vinyl Siding
Building Area Total 0
Lot Dimensions 33.10X100
Lot Size Acres 0.08
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* Excluded Features
List By
MONICA PINTO

Listing Agent

Rosa Agency

Broker

njrealestate214@gmail.com

Email

Affordability Calculator

$9,870
Per Month
82%
18%
0%
Monthly Principal & Interest
$8,048
Monthly Property Taxes
$1,822
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
10/16/2025$1,290,000 Listed Price

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168 Sherman Ave, Newark, NJ, 07114 is a Commercial Property for sale at $1,290,000 with a lot size of 0.08. The property's zip code is 07114 which is in Newark, NJ

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