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$499,000
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Property Description
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.
Full Property Details
Full Property Details for 169 Sherman Ave
General
- Price: $499,000
- Taxes: $8,689 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4037676
- Updated: 6/30/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Carbon Monoxide Detector
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 9
Location
- County: Essex
- Driving Directions: Earl St to Sherman Ave
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Year Built: 1910
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $169,800
- Land Assmt: $47,500
- Tax Amount: $8,689
- Tax Year: 2025
Disclosures and Reports
- Block: 2785
- Lot Number: 24
Listed by Signature Realty Nj
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Schools
Schools serving 169 Sherman Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Miller Street Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 0.4 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.8 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 1.6 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 169 Sherman Ave
Date
Details
Price
Change
Source
6/30/2026
Listed
$499,000
—
MLS
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
Tax History for 169 Sherman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,690
7%
$217,300
—
2022
$8,118
—
$217,300
—
2021
$8,114
33%
$217,300
—
2021
$6,117
-24%
$217,300
—
2018
$8,025
4%
$217,300
—
2017
$7,736
3%
$217,300
—
2016
$7,475
4%
$217,300
—
2015
$7,190
-12%
$217,300
—
2019
$8,173
27%
$217,300
—
2013
$6,417
—
$217,300
—
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
Estimate the Cost for 169 Sherman Ave
169 Sherman Ave, Newark, NJ 07114 (MLS# 4037676) is a Multi-Family property with 2 units containing 9 bedrooms and 2 full bathrooms. 169 Sherman Ave is currently listed for $499,000 and was received on June 30, 2026. Want to learn more about 169 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.

