Property
Newark City, NJ 07114 168 Sherman Ave
$1,290,000
24 more
Presented By: ROSA AGENCY; 973-589-7550
Beds • 12- Full/Half Baths • 7 / 1
Beds • 12
Full/Half Baths • 7 / 1Home Details
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.
Presented By: ROSA AGENCY; 973-589-7550
Interior Features for 168 Sherman Ave
Bedrooms
Total Bedrooms12
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2
Bathrooms
Half Baths1
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
BasementFinished, Full
Fuel TypeGas-Natural
Interior AmenitiesHigh Ceilings, Intercom, Smoke Detector
Other Rooms
Unit 4 Rooms4
Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 4 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
General for 168 Sherman Ave
Architectural Style3-Three Story
Cooling4+ Units, Central Air
CountyEssex
DirectionsFrelinghuysen Ave. to Earl St. to Sherman Ave
DriveNone
EasementUnknown
Full Baths7
GarageNone
Garage Spaces
Gross Income
Heating4+ Units, Forced Hot Air
Net Operating Income
Number Of Units Total4
Open Parking Spaces
Operating Expense
PossessionAt closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount21867
Tax Assessed Value575000
Tax Lot22
Tax Year2024
Total Rooms29
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built9999
ZoningI-1 Light Ind
Exterior for 168 Sherman Ave
Exterior AmenitiesMetal Fence
Exterior DescriptionVinyl Siding
Lot Dimensions33.10X100
Lot FeaturesLevel Lot
Lot Size Acres0.08
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate