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  • Price cut: $50.1K (6/17)
    $799,900

    72 Sherman Ave, Newark City, NJ 07114

    6beds
    --sqft
    : 
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    Multi Family
    Built in 2004
    -- sqft lot
    $910,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    250 days
    |
    413
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lidia Mancano 201-293-6333,

    Weichert Realtors - Home City

    Source: GSMLS,MLS#: 3996314MLS Logo

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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

        $910,600

        $865,000 - $956,000

        $2,431/mo

        Price history

        DateEventPrice
        6/17/2026Price change$799,900-5.9%
        Source: GSMLS #3996314 Report a problem
        3/18/2026Price change$850,000-5%
        Source: GSMLS #3996314 Report a problem
        3/14/2026Listed for sale$895,000
        Source: GSMLS #3996314 Report a problem
        2/18/2026Pending sale$895,000
        Source: GSMLS #3996314 Report a problem
        11/5/2025Listed for sale$895,000+101.1%
        Source: GSMLS #3996314 Report a problem
        3/22/2021Sold$445,000
        Source: GSMLS #3682047 Report a problem
        1/4/2021Pending sale$445,000
        Source: C-21 POGO REALTORS #3682047 Report a problem
        12/7/2020Price change$445,000+17.1%
        Source: C-21 POGO REALTORS #3682047 Report a problem
        5/20/2020Listed for sale$379,999
        Source: C-21 POGO REALTORS #3682047 Report a problem
        5/20/2020Pending sale$379,999
        Source: C-21 POGO REALTORS #3682047 Report a problem
        5/13/2020Listed for sale$379,999
        Source: CENTURY 21 Pogo Realtors #3624087 Report a problem
        5/13/2020Pending sale$379,999+137.5%
        Source: CENTURY 21 Pogo Realtors #3624087 Report a problem
        10/7/2016Listing removed$160,000
        Source: Weichert Realtors #3339547 Report a problem
        9/29/2016Listed for sale$160,000-50%
        Source: Weichert Realtors #3339547 Report a problem
        7/19/2012Sold$320,000-9.9%
        Source: GSMLS #2946060 Report a problem
        3/24/2012Listing removed$355,000
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        1/12/2012Price change$355,000+44.9%
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        12/31/2011Price change$245,000+2.9%
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        11/11/2011Price change$238,000-0.4%
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        11/2/2011Price change$239,000-7.7%
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        10/21/2011Price change$259,000-9.1%
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        10/13/2011Price change$285,000-4.7%
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        10/11/2011Listed for sale$299,000+86.9%
        Source: PEAK HOMES AND REALTY #2892230 Report a problem
        10/3/2011Sold$160,000+28%
        Source: GSMLS #2819996 Report a problem
        5/27/2011Price change$125,000-30.6%
        Source: Weichert Realtors #2819996 Report a problem
        2/8/2011Price change$180,000-21.7%
        Source: Weichert Realtors #2819996 Report a problem
        12/6/2010Listed for sale$230,000-53.1%
        Source: Weichert Realtors #2819996 Report a problem
        5/17/2007Sold$490,000
        Source: Public Record Report a problem
        12/20/2005Sold$490,000+26%
        Source: Public Record Report a problem
        7/8/2003Sold$389,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        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

        80 / 100
        Very Walkable
        70 / 100
        Excellent Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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