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$599,999

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds

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Discover the perfect investment opportunity with this large, well-maintained 2-family home featuring a bonus attic apartment. The property offers exceptional space, versatility, and rental potential and will be delivered fully vacant, making it ideal for both homeowners and investors. The first and second floors each offer 3 spacious bedrooms. The attic level features a bonus apartment complete with 2 bedrooms, 1 full bath, and a kitchen, providing additional living or income-producing space. Enjoy the convenience of separate utilities and a generous basement with plenty of room for storage or a laundry setup. With its expansive layouts and move-in-ready condition, this property offers endless possibilities.Don't miss the chance to own this spacious, income-generating multi-family home! *Photos are from before tenants occupied the units *

Full Property Details for 70 Sherman Ave

General

  • Price: $599,999
  • Taxes: $15,984 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4001311
  • Updated: 2/7/2026
  • Added to Site: 72 day(s) ago

Interior

  • Number of Rooms: 13

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Location

  • County: Essex
  • Driving Directions: 70 SHERMAN AVE

Heating & Cooling

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

Utilities

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

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: See Remarks
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

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

Lot Features

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

Financial Considerations

  • Assessment Amount: $375,200
  • Land Assmt: $45,100
  • Tax Amount: $15,984
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures: Yes
  • Block: 2809
  • Lot Number: 7

Listed by Real

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Listing agent

— 70 Sherman Ave —

  • Real

201-988-0840

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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 70 Sherman Ave

School District:Newark City School District
NameGradesDistance
Louise A. Spencer Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-80.2 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.9 mi
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-81.2 mi
Hawthorne Avenue Elementary School
428 Hawthorne Ave, Newark, NJ 07112
K-61.5 mi
South Seventeenth Street Elementary School
619 South 17th Street, Newark, NJ 07103
K-41.6 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81.6 mi
George Washington Carver Elementary School
333 Clinton Place, Newark, NJ 07112
PK-81.8 mi
Chancellor Avenue Elementary School, Newark, NJ
321 Chancellor Avenue, Newark, NJ 07112
3-82.1 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-82.3 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 70 Sherman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/11/2025
Listed
$599,999
11.11%
MLS
6/29/2023
Sold
$540,000
—
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 70 Sherman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,984
144%
$420,300
140%
2022
$6,542
—
$175,100
—
2021
$6,538
33%
$175,100
—
2021
$4,929
-25%
$175,100
—
2019
$6,586
2%
$175,100
—
2018
$6,466
4%
$175,100
—
2017
$6,234
4%
$175,100
—
2016
$6,023
4%
$175,100
—
2015
$5,794
12%
$175,100
—
2013
$5,171
—
$175,100
—
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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NMLS#: 1598647

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Listed by Real

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70 Sherman Ave, Newark, NJ 07114 (MLS# 4001311) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 70 Sherman Ave is currently listed for $599,999 and was received on December 11, 2025. Want to learn more about 70 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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