Active

$750,000

146 Sherman Ave #0, Newark City, NJ 07114

--beds

1baths

3,900sqft

Est.:

Apartment

Built in 1920

-- sqft lot

$-- Zestimate^®

$192/sqft

$-- HOA

What's special

Experience the perfect blend of modern upgrades and strong rental potential at 146 Sherman Ave, a fully renovated mixed-use gem in the heart of Newark. This four-unit property features a street-level retail space and three spacious residential units, all thoughtfully updated with contemporary finishes, newer mechanical systems, and stylish details throughout. Tenants enjoy central air, updated kitchens and baths, and ample natural light. With low taxes, minimal operating expenses and a robust NOI, this is an ideal turnkey investment or live-work opportunity. Garage rental income adds bonus cash flow. Located near transit, shops, and major highways. Don't miss this rare offering!

123 days

37

3

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Features

Doors: Max Door Height: 0
Basement: Yes,Unfinished

Interior area

Total structure area: 3,900
Total interior livable area: 3,900 sqft

Property

Parking

Parking features: Off-Street Parking

Features

Stories: 3

Lot

Size: 2,613.6 Square Feet
Dimensions: 25 x 100
Features: Corner

Details

Parcel number: 1614027910000000250000
Zoning description: R-3
Other equipment: Appliances

Construction

Type & style

Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes

Materials

See Remarks, Vinyl Siding
Roof: Asphalt Shingle

Condition

Updated/Remodeled
Year built: 1920
Major remodel year: 2023

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Fire Alarm, Smoke Detector(s)

Location

Region: Newark

Financial & listing details

Price per square foot: $192/sqft
Tax assessed value: $145,700
Annual tax amount: $5,540
Date on market: 8/21/2025
Inclusions: Building Only
Ownership type: Fee Simple
Lease term: Month To Month
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/21/2025	Listed for sale	$750,000-14.3%$192/sqft
Source: GSMLS #3982628 Report a problem
8/20/2025	Listing removed	$874,999$224/sqft
Source: GSMLS #3972297 Report a problem
6/28/2025	Listed for sale	$874,999$224/sqft
Source: GSMLS #3972297 Report a problem