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146 Sherman Ave Newark City, NJ 07114
3,900 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $192
MLS Listing ID 3982628
Year Built 1920
Annual Tax Amount $5,540
Tax Year 2024
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
Experience the perfect blend of modern upgrades and strong rental potential at 146 Sherman Ave, a fully renovated mixed-use gem in the heart of Newark. This four-unit property features a street-level retail space and three spacious residential units, all thoughtfully updated with contemporary finishes, newer mechanical systems, and stylish details throughout. Tenants enjoy central air, updated kitchens and baths, and ample natural light. With minimal operating expenses and a robust NOI, this is an ideal turnkey investment or live-work opportunity. Garage rental income adds bonus cash flow. Located near transit, shops, and major highways. Don't miss this rare offering!
Location
State NJ
County Essex
Zoning R-3
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Equipment Appliances, Fire Alarm, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by FLOROSTONE REALTY INC.