Property
Newark City, NJ 07114 83 Sherman Ave
$700,000
Pending
12 more
Presented By: KELLER WILLIAMS - NJ METRO GROUP
Beds • 8- Baths • 4
- Garage • 2
Beds • 8
Baths • 4
Garage • 2Home Details
Totally Updated Legal 3-Family Investment Opportunity! This fully renovated and legally 3-family property offers an exceptional opportunity for both investors and owner-occupants. Featuring spacious units, a walk-out basement, ample off-street parking, and a large oversized garage, this property combines functionality with strong income potential. Conveniently located near major highways, Newark Liberty International Airport, public transportation, shopping, dining, and other everyday amenities, it provides easy access for commuters and tenants alike. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the others, this versatile property is one you won't want to miss.
Presented By: KELLER WILLIAMS - NJ METRO GROUP
Interior Features for 83 Sherman Ave
Bedrooms
Total Bedrooms8
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
Unit 3 Appl/EquipSee Remarks
BasementFinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
General for 83 Sherman Ave
Architectural StyleSee Remarks
CoolingCentral Air
CountyEssex
DirectionsGoogle Maps
DriveDriveway-Exclusive
EasementUnknown
Full Baths4
GarageDetached Garage
Garage Spaces2
Gross Income
HeatingForced Hot Air
Net Operating Income
Number Of Units Total3
Open Parking Spaces4
Operating Expense0
PossessionAt the closing
RoofSee Remarks
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount7914
Tax Assessed Value197900
Tax Lot27
Tax Year2025
Total Rooms15
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1917
Exterior for 83 Sherman Ave
Exterior DescriptionVinyl Siding
Lot Dimensions33X112.6
Lot Size Acres0.09
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate