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$800,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
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Charming well-maintained multi-level home featuring a distinctive design with an attractive brick exterior and large bay-style windows that provide plenty of natural light. The first and second floors feature 3 bedrooms, 2 full bathrooms, a walk-in closet, and a bright open-concept layout that seamlessly connects the living room, dining area, and kitchen. The fully finished basement adds valuable living space and versatility. Additional highlights include a gated driveway offering off-street parking, a convenient two-car garage, and a dedicated laundry room with washer and dryer hookups. Conveniently located near major highways, public transportation, Newark Liberty International Airport, shopping, restaurants, and parks. Great opportunity for homeowners or investors.

Full Property Details for 240 Sherman Ave

General

  • Price: $800,000
  • Taxes: $10,477 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4012881
  • Updated: 3/5/2026
  • Added to Site: 17 day(s) ago

Interior

  • Number of Rooms: 13
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Walk-In Closet, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Built-In Garage, Garage Door Opener, See Remarks

Location

  • County: Essex
  • Driving Directions: Rt NJ-21, Poinier St. to Sherman Ave or GPS/ Google Maps.

Heating & Cooling

  • Cooling Type: 2 Units, Central Air Conditioning
  • Heating Type: 2 Units, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Asphalt Shingles
  • Year Built: 2005

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom, See Remarks
  • Square Feet: 1293
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom, Storage
  • Square Feet: 1293
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 26.8 x 100
  • Driveway/Sidewalk: Additional Parking, See Remarks
  • Lot Description: Corner

Financial Considerations

  • Assessment Amount: $214,000
  • Land Assmt: $48,000
  • Tax Amount: $10,477
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Major household appliances, chandeliers & ceiling fans are excluded.
  • Disclosures: Yes
  • Block: 2770
  • Lot Number: 17

Listed by Weichert Realtors - Home City

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Listing agent

— 240 Sherman Ave —

  • Weichert Realtors - Home City

201-293-6333

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 240 Sherman Ave

School District:Newark City School District
NameGradesDistance
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.6 mi
Miller Street Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-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
9-121 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 240 Sherman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$800,000
344.44%
MLS
8/05/2011
Sold
$180,000
—
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 240 Sherman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,964
2%
$262,000
—
2023
$9,767
—
$262,000
—
2022
$9,788
—
$262,000
—
2021
$9,783
33%
$262,000
—
2021
$7,375
-24%
$262,000
—
2018
$9,676
4%
$262,000
—
2017
$9,327
3%
$262,000
—
2016
$9,013
4%
$262,000
—
2015
$8,670
-12%
$262,000
—
2019
$9,854
27%
$262,000
—
2013
$7,737
—
$262,000
—
View All
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 Weichert Realtors - Home City

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Listed by Weichert Realtors - Home City

240 Sherman Ave, Newark, NJ 07114 (MLS# 4012881) is a Multi-Family property with 2 units containing 6 bedrooms and 5 full bathrooms. 240 Sherman Ave is currently listed for $800,000 and was received on March 05, 2026. Want to learn more about 240 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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