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$ 750,000
Est. payment /mo
New
146 Sherman Ave Newark City, NJ 07114
7 Beds
3 Baths
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3982620
Style See Remarks
Bedrooms 7
Full Baths 3
Year Built 1920
Annual Tax Amount $5,540
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
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 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!
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 3.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks
Schools
Elementary Schools L Spencer
Middle Schools H Wilson
High Schools Belmont
Others
Senior Community No
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Listed by FLOROSTONE REALTY INC.