342 Sherman Ave is a large three family property in the desired Newhallville neighborhood. Perfect investment or owner occupied asset. Each unit features 2 beds and 1 bath. The first and second floors are rented month to month for $1,200 & $1,250. Separate and tenant paid utilities. 2 bed units with updated finishes in this area are renting for $1400+ ! Take advantage of the opportunity to add value and experience cash flow immediately! Owner occupied buyers we have an AWESOME opportunity! Lender will purchase the home, renovate the property and then you close once remodel is complete! No risk & money down until the renovation is done! IMPORTANT: AGENTS PLEASE READ AGENT TO AGENT REMARKS. Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
Sold for $400,000
$400,000
342 Sherman Avenue, New Haven, CT 06511
6beds
3,824sqft
Multi Family
Built in 1920
-- sqft lot
$523,800 Zestimate®
$105/sqft
$2,487 Estimated rent
Home value
$523,800
$487,000 - $560,000
$2,487/mo
Zestimate® history
Owner options
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$2,899/mo
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Zillow last checked:
Listing updated:
Listed by:
Lisa Cozzi Team,
Lisa Cozzi 860-215-3634,
Berkshire Hathaway NE Prop. 860-633-3674,
Co-Listing Agent: Maddy Ceruti 860-578-8648,
Berkshire Hathaway NE Prop.
Bought with:
Jennifer D. Davis, RES.0782818
Keller Williams Prestige Prop.
Source: Smart MLS,MLS#: 170569135
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished,Storage Space
- Attic: Pull Down Stairs
Interior area
- Total structure area: 3,824
- Total interior livable area: 3,824 sqft
- Finished area above ground: 3,824
Property
Parking
- Parking features: None
Features
- Patio & porch: Porch
- Exterior features: Sidewalk, Rain Gutters, Lighting
Lot
- Size: 6,969 Square Feet
- Features: Level
Details
- Parcel number: 1256653
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Health Club, Medical Facilities, Park, Near Public Transport, Shopping/Mall
HOA
- Has HOA: No
Location
- Region: New Haven
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $214,200
- Annual tax amount: $8,247
- Date on market: 5/15/2023
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2024 | Sold | $400,000-3.6%$105/sqft |
Source:  Smart MLS #170569135 Report a problem | ||
| 2/27/2024 | Pending sale | $415,000$109/sqft |
Source: Smart MLS #170569135 Report a problem | ||
| 2/14/2024 | Contingent | $415,000$109/sqft |
Source:  Berkshire Hathaway HomeServices New England Properties #170569135 Report a problem | ||
| 12/1/2023 | Price change | $415,000-1.2%$109/sqft |
Source: Smart MLS #170569135 Report a problem | ||
| 8/17/2023 | Price change | $420,000-1.2%$110/sqft |
Source: Smart MLS #170569135 Report a problem | ||
| 6/8/2023 | Price change | $425,000-5.6%$111/sqft |
Source: Smart MLS #170569135 Report a problem | ||
| 5/15/2023 | Listed for sale | $450,000+243%$118/sqft |
Source: Smart MLS #170569135 Report a problem | ||
| 7/8/2009 | Sold | $131,200-50.5%$34/sqft |
Source: Smart MLS #M9116858 Report a problem | ||
| 1/18/2005 | Sold | $265,000+173.2%$69/sqft |
Source: Public Record Report a problem | ||
| 1/24/2000 | Sold | $97,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,439 +2.3% | $214,200 |
| 2024 | $8,247 +3.5% | $214,200 |
| 2023 | $7,968 -6.4% | $214,200 |
| 2022 | $8,514 +53.3% | $214,200 +69.2% |
| 2021 | $5,553 | $126,560 |
| 2020 | $5,553 +2.1% | $126,560 |
| 2019 | $5,440 | $126,560 |
| 2018 | $5,440 +11.1% | $126,560 |
| 2017 | $4,895 +28.3% | $126,560 +37.8% |
| 2016 | $3,816 | $91,840 |
| 2015 | $3,816 | $91,840 |
| 2014 | $3,816 +1.8% | $91,840 |
| 2013 | $3,747 +4.9% | $91,840 |
| 2012 | $3,571 -57% | $91,840 -51.4% |
| 2011 | $8,303 | $189,140 |
| 2010 | $8,303 +4% | $189,140 |
| 2009 | $7,984 +80.9% | $189,140 +80.9% |
| 2007 | $4,414 +18% | $104,580 +25.3% |
| 2006 | $3,742 +13.9% | $83,440 +0.4% |
| 2004 | $3,285 +2.6% | $83,090 |
| 2003 | $3,201 -15.3% | $83,090 -23.1% |
| 2000 | $3,778 | $108,100 |
Find assessor info on the county website
Neighborhood: Dixwell
Nearby homes
- $--3 bd2 ba1.2k sqft342 Sherman Ave FLOOR 1, New Haven, CT 06511Off Market
- $--4 bd1 ba1.2k sqft342 Sherman Ave FLOOR 3, New Haven, CT 06511Off Market
- $---- bd-- ba-- sqft342 Sherman Ave #2, New Haven, CT 06511Off Market
- $531,0008 bd3 ba2.9k sqft346 Sherman Ave, New Haven, CT 06511Off Market
- $--3 bd1 ba-- sqft338 Sherman Ave #3A, New Haven, CT 06511Off Market
- $--3 bd1 ba-- sqft338 Sherman Ave #2, New Haven, CT 06511Off Market
- $--3 bd1 ba-- sqft338 Sherman Ave #1, New Haven, CT 06511Off Market
- $--2 bd1 ba-- sqft338 Sherman Ave FLOOR 3, New Haven, CT 06511Off Market
Nearby schools
GreatSchools rating
- 4/10Beecher SchoolGrades: PK-8Distance: 0.8 mi
- 1/10James Hillhouse High SchoolGrades: 9-12Distance: 0.3 mi
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- Connecticut
- New Haven County
- New Haven
- 06511
- Dixwell
- 342 Sherman Avenue
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