1 of 28 - 146 Sherman Ave, Newark City, NJ Save the listing
2 of 28 - 146 Sherman Ave, Newark City, NJ
3 of 28 - 146 Sherman Ave, Newark City, NJ
4 of 28 - 146 Sherman Ave, Newark City, NJ
5 of 28 - 146 Sherman Ave, Newark City, NJ
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146 Sherman Ave, Newark City, NJ

$750,000

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7

Beds

3

Baths

0.06

Acres

About 146 Sherman Ave

Experience the perfect balance of space and value-add potential with this four-unit property featuring a retail space and three spacious residential apartments. The first-floor apartment has been updated. With low taxes, minimal operating expenses, and a strong NOI, this is an excellent turnkey investment or live-work opportunity. The three-car garage offers additional rental income for boosted cash flow. Ideally located near Newark Penn Station, bus lines, local shops, and major highways, this mixed- used property combines accessibility and long-term value. Don?t miss this rare opportunity to own a mixed-use property in one of Newark?s most convenient neighborhoods!

Features of 146 Sherman Ave

MLS® # 3982620
Price $750,000
Bedrooms 7
Bathrooms 3.00
Full Baths 3
Acres 0.06
Year Built 1920
Type Multi Family
Style SeeRem
Status Active

Community Information

Address 146 Sherman Ave
City Newark City
County Essex
State NJ
Zip Code 07114-1768

Amenities

Utilities Electric, Gas-Natural
Parking On-Street Parking
# of Garages 3
Garages Detached Garage

Interior

Heating Gas-Natural
Has Basement Yes
Basement Unfinished

Exterior

Exterior Vinyl Siding
Roof Asphalt Shingle

School Information

Elementary L SPENCER
Middle H WILSON
High BELMONT

Additional Information

Date Listed August 21st, 2025
Days on Market 60

Listing Details

OfficeFLOROSTONE REALTY INC.
Contact Info908-445-5339

Listing Map

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