232 Sherman Ave # 2 Newark, NJ $ 539,900
232 Sherman Ave # 2
$ 539,900
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232 Sherman Ave # 2

Newark, NJ, 07114
$ 539,900
Bedrooms6 Baths2.0 Sq 2,000

Monthly Estimate*

$ 3,368

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Multi-Family Home for sale in Newark, NJ

for $539,900 with 6 bedrooms and 2 full baths. This 2,000 square foot home was built in 1890 on a lot size of 0.06.

Remodeled 2 family 3 bedrooms each. Close to mass transit shops and downtown. Great opportunity for investors or homeowners have the rent pay their mortgage.

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Multi-Family Active

Price

$ 539,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,419

Style

2-Two Story

Lot Size

0.06

Year Built

1890

Town/City

Newark

County/Region

Essex

MLS | Web ID

4002282

Features
Interior
Interior Amenities Smoke Detector
Basement Bilco-Style Door Unfinished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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General
Sewer Public Sewer
Heating 2 Units
Cooling None
Utilities All Underground
Possession at closing
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1890
Township Newark City
Unit Number 2
Tax Year 2024
Gross Income 52800
County Essex
Net Operating Income 42800
Operating Expense 10000
Total Rooms 10
Full Baths 2
Status Active
Directions elzabeth to station to sherman
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 7419
Home Warranty Y/N No
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 195100
Town # 1614
Tax Lot 21
Farm Assessment No
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Exterior
Exterior Amenities Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Vertical Siding
Building Area Total 2000
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
STEVEN CAPUTI

Listing Agent

Vri Homes

Broker

stevecaputi@vrihomes.com

Email

Affordability Calculator

$3,987
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,368
Monthly Property Taxes
$618
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
Pricing History
DatePricePrice ChangeDescription
12/20/2025$539,900 Listed Price

Map


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232 Sherman Ave # 2, Newark, NJ, 07114 is a Multi-Family Home for sale at $539,900 with 2,000 sqft and a lot size of 0.06. 232 Sherman Ave # 2 has 6 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 07114 which is in Newark, NJ