146 Sherman Ave, Newark, NJ 07114

Local realty services provided by:Better Homes and Gardens Real Estate PorchLight Properties
146 Sherman Ave,Newark City, NJ 07114
$750,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: grisela flores
Office: florostone realty inc.
MLS#:3982620
Source:NJ_GSMLS

Price summary

  • Price:$750,000

About this home

Experience the perfect balance of space and value-add potential with this four-unit property featuring a retail space and three spacious residential apartments. Two units have been updated. With low taxes, minimal operating expenses, and a strong NOI, this is an excellent turnkey investment or live-work opportunity. The three-car garage offers additional rental income for boosted cash flow. Ideally located near Newark Penn Station, bus lines, local shops, and major highways, this mixed- used property combines accessibility and long-term value. Don't miss this rare opportunity to own a mixed-use property in one of Newark's most convenient neighborhoods!

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Home facts

  • Year built:1920
  • Listing ID #:3982620
  • Added:111 day(s) ago
  • Updated:December 02, 2025 at 10:57 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1920
  • Lot area:0.06 Acres

Schools

  • High school:BELMONT
  • Middle school:H WILSON
  • Elementary school:L SPENCER

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Tax amount:$5,540 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated December 2, 2025

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