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

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. This home was built in 1917 on a lot size of 0.09.

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
6/7/2026 11:00 AM - 1:00 PM
83 Sherman Ave 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

Lot Size

0.09

Year Built

1917

Town/City

Newark

County/Region

Essex

MLS | Web ID

4031873
Features
General
Sewer Public Sewer
Heating Forced Hot Air
Cooling Central Air
Utilities Gas-Natural
Possession At the closing
Roof See Remarks
Garage Spaces 2
Architectural Style See Remarks
Year Built 1917
Garage Detached Garage
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 15
Full Baths 4
Status Active
Directions Google Maps
Open Parking Spaces 4
Number Of Units Total 3
Tax Annual Amount 7914
Drive Driveway-Exclusive
Standard Status Active
Tax Assessed Value 197900
Town # 1614
Tax Lot 27
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Interior
Basement Finished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 33X112.6
Lot Size Acres 0.09
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* Excluded Features
List By
BRENDAN DASILVA

Listing Agent

Keller Williams - Nj Metro Group

Broker

offers@dasilvateamnj.com

Email

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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/3/2026$700,000 Listed Price

Map

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83 Sherman Ave, Newark, NJ, 07114 is a Multi-Family Home for sale at $700,000 with a lot size of 0.09. 83 Sherman Ave has 8 bedrooms, 4.0 baths, and was built in 1917. The property's zip code is 07114 which is in Newark, NJ

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