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$ 700,000
Est. payment /mo
Open Sat 11AM-1PM
83 Sherman Ave Newark City, NJ 07114
8 Beds
4 Baths
3,920 Sqft Lot
Open House
Sat Jun 06, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4031873
Style See Remarks
Bedrooms 8
Full Baths 4
Year Built 1917
Annual Tax Amount $7,914
Tax Year 2025
Lot Size 3,920 Sqft
Property Description
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.
Location
State NJ
County Essex
Rooms
Basement Finished
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Gas-Natural
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS - NJ METRO GROUP
Will Alfaro
Broker Associate, CEO and Founder of The Property People | License ID: REC# 0454178