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!
Active
Price cut: $50.1K (6/17)
$799,900
72 Sherman Ave, Newark City, NJ 07114
6beds
--sqft
Multi Family
Built in 2004
-- sqft lot
$910,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 250 days |
- 413 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Lidia Mancano 201-293-6333,
Weichert Realtors - Home City
Source: GSMLS,MLS#: 3996314
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- 2 Units, Forced Air, Natural Gas
Cooling
- 2 Units, Central Air
Features
- Bedrooms, Dining Room, Eat-in Kitchen, Family Room, Kitchen, Living/Dining Room, Eat-In Kitchen
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: 1 Car Width, Built-In Garage
- Attached garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 1614028090000000060000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt Shingle
Condition
- Year built: 2004
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Available
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $254,200
- Annual tax amount: $9,667
- Date on market: 11/5/2025
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Zestimate®
$910,600
Estimated sales range
$865,000 - $956,000
Rent Zestimate®
$2,431/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $799,900-5.9% |
Source: | ||
| 3/18/2026 | Price change | $850,000-5% |
Source: | ||
| 3/14/2026 | Listed for sale | $895,000 |
Source: | ||
| 2/18/2026 | Pending sale | $895,000 |
Source: | ||
| 11/5/2025 | Listed for sale | $895,000+101.1% |
Source: | ||
| 3/22/2021 | Sold | $445,000 |
Source: | ||
| 1/4/2021 | Pending sale | $445,000 |
Source: C-21 POGO REALTORS #3682047 Report a problem | ||
| 12/7/2020 | Price change | $445,000+17.1% |
Source: C-21 POGO REALTORS #3682047 Report a problem | ||
| 5/20/2020 | Listed for sale | $379,999 |
Source: C-21 POGO REALTORS #3682047 Report a problem | ||
| 5/20/2020 | Pending sale | $379,999 |
Source: C-21 POGO REALTORS #3682047 Report a problem | ||
| 5/13/2020 | Listed for sale | $379,999 |
Source: CENTURY 21 Pogo Realtors #3624087 Report a problem | ||
| 5/13/2020 | Pending sale | $379,999+137.5% |
Source: CENTURY 21 Pogo Realtors #3624087 Report a problem | ||
| 10/7/2016 | Listing removed | $160,000 |
Source: Weichert Realtors #3339547 Report a problem | ||
| 9/29/2016 | Listed for sale | $160,000-50% |
Source: Weichert Realtors #3339547 Report a problem | ||
| 7/19/2012 | Sold | $320,000-9.9% |
Source: | ||
| 3/24/2012 | Listing removed | $355,000 |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 1/12/2012 | Price change | $355,000+44.9% |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 12/31/2011 | Price change | $245,000+2.9% |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 11/11/2011 | Price change | $238,000-0.4% |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 11/2/2011 | Price change | $239,000-7.7% |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 10/21/2011 | Price change | $259,000-9.1% |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 10/13/2011 | Price change | $285,000-4.7% |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 10/11/2011 | Listed for sale | $299,000+86.9% |
Source: PEAK HOMES AND REALTY #2892230 Report a problem | ||
| 10/3/2011 | Sold | $160,000+28% |
Source: | ||
| 5/27/2011 | Price change | $125,000-30.6% |
Source: Weichert Realtors #2819996 Report a problem | ||
| 2/8/2011 | Price change | $180,000-21.7% |
Source: Weichert Realtors #2819996 Report a problem | ||
| 12/6/2010 | Listed for sale | $230,000-53.1% |
Source: Weichert Realtors #2819996 Report a problem | ||
| 5/17/2007 | Sold | $490,000 |
Source: Public Record Report a problem | ||
| 12/20/2005 | Sold | $490,000+26% |
Source: Public Record Report a problem | ||
| 7/8/2003 | Sold | $389,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,165 +5.2% | $254,200 |
| 2024 | $9,667 +1.8% | $254,200 |
| 2023 | $9,497 +2.3% | $254,200 |
| 2022 | $9,280 | $254,200 +4.1% |
| 2021 | $9,280 +1% | $244,200 |
| 2020 | $9,184 +37.4% | $244,200 |
| 2019 | $6,683 | $244,200 |
| 2018 | $6,683 -20.5% | $244,200 |
| 2017 | $8,400 +4% | $244,200 |
| 2016 | $8,081 +6.7% | $244,200 |
| 2015 | $7,573 +5% | $244,200 |
| 2014 | $7,211 -33.9% | $244,200 |
| 2013 | $10,901 +3.7% | $244,200 -22.7% |
| 2012 | $10,510 +4.7% | $315,800 |
| 2011 | $10,042 +16.1% | $315,800 |
| 2010 | $8,650 +5.4% | $315,800 |
| 2009 | $8,208 +4.4% | $315,800 |
| 2008 | $7,863 | $315,800 |
| 2007 | $7,863 | $315,800 |
| 2006 | -- | $315,800 +138.3% |
| 2005 | -- | $132,500 |
| 2004 | $2,862 | $132,500 |
| 2003 | -- | $132,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Broad Street
Nearby schools
GreatSchools rating
- 6/10Louise A. Spencer Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 0.5 mi
- 1/10Central High SchoolGrades: 9-12Distance: 0.7 mi
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