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$819,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 1 Car Garage
  • Updated 11 hours ago
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Well-maintained two-family home in excellent condition with numerous upgrades throughout. Features include 2 tankless hot water heater, upgraded lighting, security camera system, and many additional improvements. The finished walkout basement offers two bedrooms and flexible living space. Step outside to a beautifully maintained backyard, perfect for relaxing, entertaining, or enjoying outdoor gatherings. A fantastic opportunity for both owner-occupants and investors alike.

Full Property Details for 61 Sherman Ave

General

  • Price: $819,000
  • Taxes: $10,277 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4044497
  • Updated: 8/3/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 13

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: Attached Garage

Location

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

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: All Underground

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Walk-Out
  • Roof: Asphalt Shingles
  • Year Built: 2010

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room, Master Bedroom
  • Square Feet: 1500
  • Levels/Stories: 1
  • Total Bathrooms: 3
  • Bedrooms: 5

Unit 2

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living/Dining Room, Master Bedroom
  • Square Feet: 1200
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: 27 x 112.6
  • Driveway/Sidewalk: 2 Car Width

Financial Considerations

  • Assessment Amount: $207,100
  • Land Assmt: $49,900
  • Tax Amount: $10,277
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Washer and dryer.
  • Block: 2803
  • Lot Number: 16
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 61 Sherman Ave

School District:Newark City School District
NameGradesDistance
Miller Street Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-80.2 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-60.8 mi
Oliver Street Elementary School
86 Oliver Street, Newark, NJ 07105
PK-80.8 mi
Malcolm X Shabazz High School
80 Johnson Avenue, Newark, NJ 07108
9-120.5 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-120.7 mi
East Side High School
238 Van Buren Street, Newark, NJ 07105
9-121.3 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.9 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.1 mi
Lafayette Street Elementary School
205 Lafayette Street, Newark, NJ 07105
K-81.2 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 61 Sherman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Listed
$819,000
118.4%
MLS
1/04/2010
Sold
$375,000
—
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 61 Sherman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,277
7%
$257,000
—
2022
$9,602
—
$257,000
—
2021
$9,596
33%
$257,000
—
2021
$7,235
-24%
$257,000
—
2018
$9,491
4%
$257,000
—
2017
$9,149
3%
$257,000
—
2016
$8,841
4%
$257,000
—
2015
$8,504
-12%
$257,000
—
2019
$9,666
27%
$257,000
—
2013
$7,589
—
$257,000
—
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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61 Sherman Ave, Newark, NJ 07114 (MLS# 4044497) is a Multi-Family property with 2 units containing 8 bedrooms and 5 full bathrooms. 61 Sherman Ave is currently listed for $819,000 and was received on August 03, 2026. Want to learn more about 61 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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