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83 Sherman Avenue Newark, NJ $ 700,000
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$ 700,000 Get more info
83 Sherman Avenue
$ 700,000
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Recently Listed
Open House 6/6 11am - 1pm
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83 Sherman Avenue

Newark, NJ, 07114
$ 700,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 4,310

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Multi-Family Home for sale in Newark, NJ

for $700,000 with 8 bedrooms and 4 full baths.

Totally Updated Legal 3-Family Investment Opportunity! This fully renovated and legally 3-family property offers an exceptional opportunity for both investors and owner-occupants. Featuring spacious units, a walk-out basement, ample off-street parking, and a large oversized garage, this property combines functionality with strong income potential. Conveniently located near major highways, Newark Liberty International Airport, public transportation, shopping, dining, and other everyday amenities, it provides easy access for commuters and tenants alike. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the others, this versatile property is one you won't want to miss.

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Open House

6/6/2026 11:00 AM - 1:00 PM
83 Sherman Avenue Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 700,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,914

Style

3 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26020460
Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Garage Spaces 2.0
Architectural Style 3 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 15
Full Baths 4
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 7914.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 8
Total Baths 4
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* Excluded Features

Affordability Calculator

$4,970
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$660
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/3/2026$700,000 Listed Price

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83 Sherman Avenue, Newark, NJ, 07114 is a Multi-Family Home for sale at $700,000. 83 Sherman Avenue has 8 bedrooms and 4.0 baths. The property's zip code is 07114 which is in Newark, NJ

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