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Off market
  • $224,900

    171 Sherman Ave, Newark, NJ 07114

    7beds
    2,600sqft
    MultiFamily
    Built in 1907
    -- sqft lot
    $-- Zestimate®
    $87/sqft
    $-- HOA

    What's special

    This well-maintained two-family home is a fantastic opportunity for investors or homeowners looking to offset their mortgage with rental income. Located just minutes from Newark Airport, public transportation, major highways, and all the vibrant amenities of the area, this property offers unbeatable convenience for commuters and tenants alike. 1st floor has 4 bedrooms w/ 1 bath and 2nd floor has 4 bedrooms w/ 2 full baths. Newly cemented basement ready for storage or additional use—great potential for extra space! Private backyard: Enjoy outdoor gatherings or relaxing in your own private retreat. Fully Rented w/ long term tenants paying under market value but can be delivered vacant for owner-occupancy or for a new buyer looking to make their own rental arrangements.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Microwave, Refrigerator
    Features
    • Flooring: Tile, Hardwood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Stone, Brick, Cement / Concrete
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: 1402785000000025

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    • Roof: Asphalt
    Condition
    • Year built: 1907

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Gas-Natural

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Basement: Yes
    • Easement: Unknown
    • Heating: Forced Hot Air, 2 Units
    • Fuel Type: Gas-Natural
    • Listing Type: Exclusive Right to Sell
    • Sewer: Public Sewer
    • Unit 1 Appl/Equip: CarbMDet, SmokeDet, RgOvGas, Refrig, Microwav, CookGas
    • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Kitchen, Pantry
    • Unit 2 Appl/Equip: CarbMDet, SmokeDet, RgOvGas, Refrig, CookGas, Microwav
    • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Kitchen, Master Bedroom
    • Roof Description: Asphalt Shingle
    • Unit Style: 2-Two Story
    • Unit 1 Owner/Tenant Pays: Owner Pays Water
    • Unit 2 Owner/Tenant Pays: Owner Pays Water
    • Utilities: Gas-Natural
    • Water: Public Water
    • Construction Date/Year Built Des: Approximate
    • Parking/Driveway Description: On-Street Parking
    • Basement Description: Finished
    • Exterior Description: Stone
    • Town #: Newark City
    Services availability
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