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$1,290,000

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 2 days ago
See This Home
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Must see legal 6 Family Investment opportunity! Hi Completely renovated inside & out in 2020, this turn-key property features major updates including a new roof, beams, plumbing, electrical, siding and HVAC systems. Each unit offers 2 bedrooms, 1 bath, an open-concept kitchen/dining area, high ceilings, stainless steel appliances, and is internet, phone and cable ready. A camera/intercom system is installed in every unit for added security and convenience. All separate utilities and a bonus finished basement. Located near Downtown Newark, Newark International Airport, Newark Penn Station with easy access to major highways and public transportation, this is a great chance to lock into a market with rising demand and solid growth potential.

Full Property Details for 168 Sherman Ave

General

  • Price: $1,290,000
  • Taxes: $21,867 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3992814
  • Updated: 10/16/2025
  • Added to Site: 94 day(s) ago

Interior

  • Number of Rooms: 29
  • Interior Features: High Ceilings, Intercom, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Exterior Features: Metal Fence

Parking

  • Garage Description: None

Location

  • County: Essex
  • Driving Directions: Frelinghuysen Ave. to Earl St. to Sherman Ave

Heating & Cooling

  • Cooling Type: 4+ Units, Central Air Conditioning
  • Heating Type: 4+ Units, Forced Hot Air
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt Shingles
  • Year Built: 9999
  • Remodeled/Updated: 2020

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Dimensions: 33.10 x 100
  • Driveway/Sidewalk: None
  • Zoning: I-1 Light Ind
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $435,000
  • Land Assmt: $140,000
  • Tax Amount: $21,867
  • Tax Year: 2024

Disclosures and Reports

  • Block: 2786
  • Lot Number: 22

Listed by Rosa Agency

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Listing agent

— 168 Sherman Ave —

  • Rosa Agency

973-589-7550

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 168 Sherman Ave

School District:Newark City School District
NameGradesDistance
Louise A. Spencer Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-80.4 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.7 mi
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-81 mi
Hawthorne Avenue Elementary School
428 Hawthorne Ave, Newark, NJ 07112
K-61.3 mi
South Seventeenth Street Elementary School
619 South 17th Street, Newark, NJ 07103
K-41.6 mi
George Washington Carver Elementary School
333 Clinton Place, Newark, NJ 07112
PK-81.6 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81.7 mi
Chancellor Avenue Elementary School, Newark, NJ
321 Chancellor Avenue, Newark, NJ 07112
3-81.9 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-82.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 168 Sherman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2025
Listed
$1,290,000
327.15%
MLS
12/13/2019
Sold
$302,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 168 Sherman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,867
2%
$575,000
—
2022
$21,482
—
$575,000
—
2021
$21,470
33%
$575,000
174%
2021
$16,186
105%
$210,000
—
2019
$7,898
2%
$210,000
—
2018
$7,755
4%
$210,000
—
2017
$7,476
3%
$210,000
—
2016
$7,224
4%
$210,000
—
2015
$6,949
-55%
$210,000
-60%
2013
$15,562
—
$527,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 168 Sherman Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Rosa Agency

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168 Sherman Ave, Newark, NJ 07114 (MLS# 3992814) is a Multi-Family property with 4 units containing 12 bedrooms, 7 full bathrooms and 1 partial bathroom. 168 Sherman Ave is currently listed for $1,290,000 and was received on October 15, 2025. Want to learn more about 168 Sherman Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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