70 Sherman Avenue Newark, NJ $ 585,000
70 Sherman Avenue
$ 585,000
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70 Sherman Avenue

Newark, NJ, 07114
$ 585,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 3,602

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Multi-Family Home for sale in Newark, NJ

for $585,000 with 8 bedrooms and 3 full baths.

Discover the perfect investment opportunity with this large, well-maintained 2-family home featuring a bonus attic apartment. The property offers exceptional space, versatility, and rental potential—and will be delivered fully vacant, making it ideal for both homeowners and investors. The first and second floors each offer 3 spacious bedrooms. The attic level features a bonus apartment complete with 2 bedrooms, 1 full bath, and a kitchen, providing additional living or income-producing space. Enjoy the convenience of separate utilities and a generous basement with plenty of room for storage or a laundry setup. This property offers endless possibilities. *Photos are from before tenants occupied the units * Don’t miss the chance to own this spacious, income-generating multi-family home!

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Multi-Family Active

Price

$ 585,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 15,984

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

25041983

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Architectural Style 2 Family
Rooms None
County 7
Property Type 2-4 Family
HOA N
Total Rooms 13
Full Baths 3
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 15984.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 8
Total Baths 3
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* Excluded Features

Affordability Calculator

$4,934
Per Month
73%
27%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
$1,332
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2026$585,000 -2.50% Price Down
12/11/2025$599,999 Listed Price

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70 Sherman Avenue, Newark, NJ, 07114 is a Multi-Family Home for sale at $585,000. 70 Sherman Avenue has 8 bedrooms and 3.0 baths. The property's zip code is 07114 which is in Newark, NJ