169 Sherman Ave
Newark City, NJ 07114
Price: $499,000
GSMLS: 4037676Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 9
Baths: 2 Full
Garage: No
Year Built: 1910
Acres: 0.06
Property Tax: $8,689
Description
Perfect investment opportunity in the heart of Newark City! This versatile property features two well-designed units with separate entrances. The first floor offers 4 bedrooms, a living room, an eat-in kitchen, and a full bath. The second floor offers 5 bedrooms, a living room, an eat-in kitchen, and a full bath. It is an excellent option for owner-occupants, investors, or those seeking flexible living arrangements.Conveniently situated just minutes from NYC-bound transportation and major highways, this property offers exceptional convenience. Whether you're looking to expand your portfolio or secure an income-producing property, this Newark City gem is one you won't want to miss.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector
Roof:
Flat
Exterior:
Brick
Lot Size:
25X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
4
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$499,000
Tax Amount:
$8,689
Land Assessment:
$47,500
Build. Assessment:
$169,800
Total Assessment:
$217,300
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4037676
List Date:
06-30-2026
Days On Market:
0
Listing Broker:
SIGNATURE REALTY NJ
Listing Agent:
Davi Pereira
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
