28
See all 28 photos
$750,000
Est. payment /mo
7 Beds
3 Baths
2,613 Sqft Lot
Active
146 Sherman Ave Newark City, NJ 07114
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3982620
Style See Remarks
Bedrooms 7
Full Baths 3
Year Built 1920
Annual Tax Amount $5,540
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
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!
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 3.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks
Schools
Elementary Schools L Spencer
Middle Schools H Wilson
High Schools Belmont
Others
Senior Community No
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Listed by FLOROSTONE REALTY INC.
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