Newark City, NJ 07114 171 Sherman Ave
$549,999
5 more
Presented By: REALTY OF AMERICA; 973-951-8239
- MLS# 3964297
- 05/20/2025
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Beds • 7
Baths • 3
Home Details
This well-maintained multi-family home offers great rental income potential. Featuring spacious units with high ceilings, large bedrooms, and updated kitchens with stainless steel appliances. Each unit provides comfortable living space, and the finished basement offers extra living space and storage.With plenty of on-street parking and a private backyard, this property is ideal for investors or owner-occupants looking for additional income. Conveniently located near major highways, public transit, schools, and shopping, offering easy access to downtown Newark and NYC.Schedule a showing today to explore this great investment opportunity!
Presented By: REALTY OF AMERICA; 973-951-8239
Interior Features for 171 Sherman Ave
Bedrooms
Total Bedrooms7
Unit 1 Beds Total4
Unit 2 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCookGas, Microwav, Refrig, SmokeDet
Unit 2 Appl/EquipCookGas, Microwav, Refrig, SmokeDet
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms4
Unit 1 Rooms5
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, See Remarks, Storage
Unit 2 Room DescriptionBedrooms, Kitchen, Living/Dining Room
General for 171 Sherman Ave
Architectural Style2-Two Story, Duplex-Side by Side
CoolingCentral Air
CountyEssex
DirectionsRight on Earl St to Sherman Ave.
DriveOn-Street Parking
EasementNo
Full Baths3
Gross Income
HeatingForced Hot Air
Net Operating Income
Number Of Units Total2
Open Parking Spaces
Operating Expense
PossessionAt closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount8552
Tax Assessed Value224900
Tax Lot25
Tax Year2024
Total Rooms9
Town #1614
TownshipNewark City
UtilitiesElectric, See Remarks
Year Built1907
Exterior for 171 Sherman Ave
Exterior DescriptionBrick
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
