240 Sherman Ave Newark, NJ $ 800,000
240 Sherman Ave
$ 800,000
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240 Sherman Ave

Newark, NJ, 07114
$ 800,000
Bedrooms6 Baths5.0

Monthly Estimate*

$ 4,926

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Multi-Family Home for sale in Newark, NJ

for $800,000 with 6 bedrooms and 5 full baths. This home was built in 2005 on a lot size of 0.06.

Charming well-maintained multi-level home featuring a distinctive design with an attractive brick exterior and large bay-style windows that provide plenty of natural light. The first and second floors feature 3 bedrooms, 2 full bathrooms, a walk-in closet, and a bright open-concept layout that seamlessly connects the living room, dining area, and kitchen. The fully finished basement adds valuable living space and versatility. Additional highlights include a gated driveway offering off-street parking, a convenient two-car garage, and a dedicated laundry room with washer and dryer hookups. Conveniently located near major highways, public transportation, Newark Liberty International Airport, shopping, restaurants, and parks. Great opportunity for homeowners or investors.

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Multi-Family Active

Price

$ 800,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 10,477

Style

2-Two Story

Lot Size

0.06

Year Built

2005

Town/City

Newark

County/Region

Essex

MLS | Web ID

4012881

Features
Interior
Interior Amenities Carbon Monoxide Detector Smoke Detector Walk-In Closet Wood Floors
Basement Finished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
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 Forced Hot Air
Cooling 2 Units Central Air
Utilities Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Garage Spaces 2
Architectural Style 2-Two Story
Exclusions Major household appliances chandeliers & ceiling fans are excluded.
Year Built 2005
Garage Built-In Garage Garage Door Opener See Remarks
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 5
Status Active
Directions Rt NJ-21 Poinier St. to Sherman Ave or GPS/ Google Maps.
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 10477
Drive Additional Parking See Remarks
Standard Status Active
Tax Assessed Value 262000
Town # 1614
Tax Lot 17
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 26.8X100
Lot Size Acres 0.06
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* Excluded Features
List By
CAROLL F. PEREZ

Listing Agent

Newark - Weichert, Realtors® - Home City

Broker

Affordability Calculator

$5,799
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$873
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$800,000 Listed Price

Map


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240 Sherman Ave, Newark, NJ, 07114 is a Multi-Family Home for sale at $800,000 with a lot size of 0.06. 240 Sherman Ave has 6 bedrooms, 5.0 baths, and was built in 2005. The property's zip code is 07114 which is in Newark, NJ