Property
Newark City, NJ 07114 146 Sherman Ave
$750,000
22 more
Presented By: FLOROSTONE REALTY INC.; 908-445-5339
Full/Half Baths • 0 / 1
SQFT • 3,900
Home Details
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!
Presented By: FLOROSTONE REALTY INC.; 908-445-5339
Interior Features for 146 Sherman Ave
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath3
Num Units w/Half Bath
Half Baths1
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft3900
Num 3 Bdrm Units2
Num 2 Bdrm Units0
Num 1 Bdrm Units1
BasementUnfinished
Fuel TypeGas-Natural
Total Stories3
General for 146 Sherman Ave
ConstructionSee Remarks
CoolingCentral Air
CountyEssex
DirectionsI-280 to Exit 13, Clifton Ave. Turn right on Clifton Ave, left on Sherman Ave. Property on the right
Documents AvailableIncome & Expenses
DriveOff-Street Parking
EasementNo
Equipment AvailableAppliances, Fire Alarm, Smoke Detector
HeatingForced Hot Air
Leasable Area
Lease InformationMonth-To-Month
LocationCorner
Num Apts3
Number Of Units Total4
OwnershipFee Simple
PossessionAt Closing
Property TypeApartment Complex, Mixed Use, Store With Apartment
Property TypeApartment Complex
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5540
Tax Assessed Value145700
Tax Lot25
Tax Year2024
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built1920
ZoningR-3
Exterior for 146 Sherman Ave
Building Area Total3900
Exterior DescriptionVinyl Siding
Lot Dimensions25X100
Lot Size Acres0.06
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner