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    • $499,000

    169 Sherman Ave, Newark City, NJ 07114

    9beds
    --sqft
    : 
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    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Perfect investment opportunity in the heart of Newark City! This versatile property features two well-designed units with separate entrances. The first floor offers 4 bedrooms, a living room, an eat-in kitchen, and a full bath. The second floor offers 5 bedrooms, a living room, an eat-in kitchen, and a full bath. It is an excellent option for owner-occupants, investors, or those seeking flexible living arrangements.Conveniently situated just minutes from NYC-bound transportation and major highways, this property offers exceptional convenience. Whether you're looking to expand your portfolio or secure an income-producing property, this Newark City gem is one you won't want to miss.
    18 days
    |
    556
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Davi Pereira 908-370-3664,

    Signature Realty Nj

    Source: GSMLS,MLS#: 4037676MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 2 Units, Baseboard - Hotwater, Natural Gas
      Cooling
      • See Remarks
      Appliances
      • Included: Gas Water Heater
      Features
      • Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
      • Basement: Yes,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      • Features: Level
      Details
      • Parcel number: 1614027850000000240000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Flat
      Condition
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $217,300
      • Annual tax amount: $8,689
      • Date on market: 6/30/2026
      • Total actual rent: 4050
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,155/mo

        Price history

        DateEventPrice
        6/30/2026Listed for sale$499,000+88.3%
        Source: GSMLS #4037676 Report a problem
        2/22/2013Listing removed$265,000
        Source: Michael Cervelli Real Estate #120009995 Report a problem
        8/24/2012Price change$265,000+17.8%
        Source: Michael Cervelli Real Estate #120009995 Report a problem
        5/20/2010Listed for sale$224,900+199.9%
        Source: Showcase Technologies #2737799 Report a problem
        10/8/2009Sold$75,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,690 +5.2%$217,300
        2024$8,264 +0.1%$217,300
        2023$8,257 $217,300
        2022$8,257 $217,300
        2021$8,257 +1%$217,300
        2020$8,173 +37.4%$217,300
        2019$5,946 $217,300
        2018$5,946 -20.5%$217,300
        2017$7,475 +4%$217,300
        2016$7,190 +6.7%$217,300
        2015$6,738 +5%$217,300
        2014$6,417 +46.6%$217,300 +65.2%
        2012$4,376 +4.7%$131,500
        2011$4,182 +16.1%$131,500
        2010$3,602 +5.4%$131,500
        2009$3,418 +4.4%$131,500
        2008$3,274 $131,500
        2007$3,274 $131,500
        2006-- $131,500
        2005-- $131,500
        2004$2,840 $131,500
        2003-- $131,500 +1345.1%
        2002-- $9,100
        2001-- $9,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: South Broad Street

        Getting around

        69 / 100
        Somewhat Walkable
        64 / 100
        Good Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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