72 Sherman Ave, Newark City, NJ 07114
Essex County
Key Facts
Description
BACK ON MARKET-PRIME 2 -FAMILY HOME IN NEWARK!Excellent opportunity to own a well-located 2-family home in one of Newark's most desirable areas!LOCATION, LOCATION, LOCATION: Ideally situated near Newark Penn Station, Newark Liberty International Airport, and just minutes from the vibrant IROUNBOUND DISTRICT, known for its top -rated restaurants, shops, and nightlife.Full basement with full bathroom.STRONG RENTAL INCOME POTENTIAL!Easy access to NYC, major highways, public transportation, and local amenities.DON'T MISS THIS OPPORTUNITY TO OWN IN A HIGHLY SOUGHT-AFTER LOCATION WITH EXCELLENT GROWTH POTENTIAL!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
2-Two Story
Year Built
2004
Stories
2
Lot Size
0.06 acres
Garage Spaces
1
Days on Market
225
MLS® Listing#
3996314
Property Features
Cooling
Heating
Basement
Construction
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$9,667
Tax year 2024
Assessed Value
$254,200
Parcel Number
1614-02809-0000-00006-0000-
Directions
Frelinghuysen Ave at South Sherman Ave
Affordability Calculator
$159,980
Estimated monthly payment
$4,257/mo
Principal $639,920 · Est. interest $892,745 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $615,097
- Median Listing Price
- 49
- Median Days on Market
- 1,385
- Median Sq Ft
- $417
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 30% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 72 Sherman Ave, Newark City, NJ 07114
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Miller Street Elementary School
Elementary · 0.1 mi away
Alif Muhammad's Nia School
School · 0.3 mi away
Link Community Charter School
Secondary · 0.3 mi away
Louise A. Spencer Elementary School
Elementary · 0.3 mi away
Malcolm X Shabazz High School
Secondary · 0.4 mi away
Great Oaks Legacy Charter High School
Secondary · 0.5 mi away
Quitman Community School
Elementary · 0.5 mi away
Samuel L Berliner School
School · 0.6 mi away
American History High School
Secondary · 0.6 mi away
Kipp Thrive Academy
School · 0.6 mi away
Kipp Bold Academy
School · 0.6 mi away
Central High School
Secondary · 0.7 mi away
Harold Wilson School
School · 0.7 mi away
New Direction School
Secondary · 0.7 mi away
South Street Elementary School
Elementary · 0.7 mi away
Newark Educators Community Charter School
Elementary · 0.8 mi away
Belmont Runyon Elementary School
Elementary · 0.8 mi away
Newark Day Center
School · 0.8 mi away
East Ward Elementary School
Elementary · 0.8 mi away
Newark Leadership Academy
School · 0.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 339 STEVENS AVE, Jersey City, NJ | $565,000 | 5 | 2 | — |
| 981 Carnegie Ave, Plainfield City, NJ | $565,000 | 5 | 2 | — |
| 113 Sanford St, East Orange City, NJ | $565,000 | 5 | 4 | — |
| 61 Victoria Ave, Newark City, NJ | $568,999 | 5 | 3 | 29,997 |
| 51 Demarest St, Newark City, NJ | $569,900 | 5 | 2 | — |
| 112 Washington Pl, Passaic City, NJ | $569,900 | 5 | 2 | — |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: WEICHERT REALTORS - HOME CITY - 2012936333