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$539,900

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
See This Home
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Remodeled 2 family 3 bedrooms each. Close to mass transit shops and downtown. Great opportunity for investors or homeowners have the rent pay their mortgage.

Full Property Details for 232 Sherman Ave #2

General

  • Price: $539,900
  • Taxes: $7,419 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4002282
  • Updated: 12/19/2025
  • Added to Site: 28 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Exterior Features: Wood Fence

Location

  • County: Essex
  • Driving Directions: elzabeth to station to sherman

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: 2 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Vertical Siding
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door, Unfinished
  • Roof: Asphalt Shingles
  • Square Feet: 2,000
  • Year Built: 1890
  • Remodeled/Updated: 2024

Unit Information

Unit 1

  • Unit Description: Eat-In Kitchen
  • Square Feet: 1000
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Unit Description: Eat-In Kitchen
  • Square Feet: 1000
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: On-Street Parking
  • Lot Description: Level Lot

Financial Considerations

  • Operating Expenses: $10,000
  • Assessment Amount: $147,600
  • Land Assmt: $47,500
  • Tax Amount: $7,419
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures: Yes
  • Block: 2770
  • Lot Number: 21

Listed by Vri Homes

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Listing agent

— 232 Sherman Ave #2 —

  • Vri Homes

800-531-2885

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 232 Sherman Ave #2

School District:Newark City School District
NameGradesDistance
Miller Street Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-80.5 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.6 mi
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-80.8 mi
Malcolm X Shabazz High School
80 Johnson Avenue, Newark, NJ 07108
9-120.3 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-120.9 mi
East Side High School
238 Van Buren Street, Newark, NJ 07105
9-121.7 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.1 mi
Oliver Street Elementary School
86 Oliver Street, Newark, NJ 07105
PK-81.2 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.4 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 232 Sherman Ave #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/19/2025
Listed
$539,900
111.73%
MLS
3/23/2021
Sold
$255,000
—
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 232 Sherman Ave #2

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,420
2%
$195,100
—
2022
$7,289
86%
$195,100
—
2021
$3,924
-2%
$195,100
86%
2020
$3,994
3%
$105,100
—
2018
$3,881
4%
$105,100
—
2017
$3,742
4%
$105,100
—
2016
$3,615
4%
$105,100
—
2015
$3,478
-12%
$105,100
—
2019
$3,953
27%
$105,100
—
2013
$3,104
—
$105,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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

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Listed by Vri Homes

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232 Sherman Ave #2, Newark, NJ 07114 (MLS# 4002282) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 232 Sherman Ave #2 is currently listed for $539,900 and was received on December 19, 2025. Want to learn more about 232 Sherman Ave #2? 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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