168 Sherman Ave
Newark City, NJ 07114
Price: $1,290,000
GSMLS: 3992814Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 12
Baths: 7 Full & 1 Half
Garage: No
Year Built: Unknown
Acres: 0.08
Property Tax: $21,867
Description
Must See Legal 6 Family Investment Opportunity! Hi Completely Renovated Inside & Out In 2020, This Turn-key Property Features Major Updates Including A New Roof, Beams, Plumbing, Electrical, Siding And Hvac Systems. Each Unit Offers 2 Bedrooms, 1 Bath, An Open-concept Kitchen/dining Area, High Ceilings, Stainless Steel Appliances, And Is Internet, Phone And Cable Ready. A Camera/intercom System Is Installed In Every Unit For Added Security And Convenience. All Separate Utilities And A Bonus Finished Basement. Located Near Downtown Newark, Newark International Airport, Newark Penn Station With Easy Access To Major Highways And Public Transportation, This Is A Great Chance To Lock Into A Market With Rising Demand And Solid Growth Potential.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
29
Basement:
Yes - Finished, Full
Interior:
High Ceilings, Intercom, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
33.10X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
None
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
4+ Units, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,290,000
Tax Amount:
$21,867
Land Assessment:
$140,000
Build. Assessment:
$435,000
Total Assessment:
$575,000
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3992814
List Date:
10-15-2025
Days On Market:
6
Listing Broker:
ROSA AGENCY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com
