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$599,999
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Property Description
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!
Full Property Details
Full Property Details for 70 Sherman Ave
General
- Price: $599,999
- Taxes: $15,984
- Status: Active
- Type: Duplex
- Source: NJMLS
- MLS ID: 25041983
- Updated: 2/5/2026
- Added to Site: 72 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: None
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat
Structural Information
- Architectural Style: 2 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $15,984
Listed by Real (855) 450-0442, Tatiana Galvan (201) 988-0840
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Schools
Schools serving 70 Sherman Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 0.2 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.9 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1.2 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 1.5 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 1.6 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.6 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 1.8 mi |
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 2.1 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.3 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
Date
Details
Price
Change
Source
12/11/2025
Listed
$599,999
11.11%
MLS
6/29/2023
Sold
$540,000
—
Public Record
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 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.
Estimate the Cost
Estimate the Cost for 70 Sherman Ave
70 Sherman Avenue, Newark, NJ 07114 (MLS# 25041983) is a Duplex property with 8 bedrooms and 3 full bathrooms. 70 Sherman Avenue is currently listed for $599,999 and was received on December 11, 2025. Want to learn more about 70 Sherman Avenue? Do you have questions about finding other Duplex real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

