Property

Newark City, NJ 07114 168 Sherman Ave

168 Sherman Ave Newark City, NJ - Image 1168 Sherman Ave Newark City, NJ - Image 2168 Sherman Ave Newark City, NJ - Image 3
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Presented By: ROSA AGENCY; 973-589-7550
  • MLS# 3992810
  • 10/15/2025
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  • Full/Half Baths • 0 / 8

Home Details

Must see legal 6 Family Investment opportunity! 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 great chance to lock into a market with rising demand and solid growth potential.
Presented By: ROSA AGENCY; 973-589-7550

Interior Features for 168 Sherman Ave

Bedrooms

Num 4 Bed Units

Bathrooms

Num Units w/Full Bath6
Num Units w/Half Bath
Half Baths8

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units6
Num 1 Bdrm Units
BasementFinished, Full
FlooringLaminate, Tile
Fuel TypeGas-Natural
Total Stories3

General for 168 Sherman Ave

ConstructionBrick/Block
Cooling4+ Units, Central Air
CountyEssex
DirectionsFrelinghuysen Ave. to Earl St. to Sherman Ave.
Documents AvailableIncome & Expenses
DriveNone
EasementUnknown
Equipment AvailableIntercom, Smoke Detector
Garage Spaces
Heating4+ Units, Forced Hot Air
Leasable Area
LocationResidential Area
Num Apts6
Number Of Units Total6
OwnerPaysSewer, Water
OwnershipFee Simple
PossessionAt closing
Property TypeApartment Complex, See Remarks
Property TypeApartment Complex
RoofAsphalt Shingle
ServicesPrewired for Internet, Prewired for Phone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount21867
Tax Assessed Value575000
Tax Lot22
Tax Year2024
Tenant PaysElectric, Gas, Heat, Hot Water
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built9999
ZoningI-1 Light Ind

Exterior for 168 Sherman Ave

Building Area Total
Exterior DescriptionVinyl Siding
Lot Dimensions33.10X100
Lot FeaturesLevel Lot
Lot Size Acres0.08
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking0
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $1,290,000
MLS#3992810
List Date 10/15/2025
Property Type Commercial
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