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About This Home

This 8-bedroom, 3-bathroom residential multi family at 70 Sherman Ave in Newark City, NJ is listed for $585,000. Built in 1900, on a 0.06 acres lot.

Agent 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. This property offers endless possibilities. *Photos are from before tenants occupied the units *Don?t miss the chance to own this spacious, income-generating multi-family home!

Key Features

  • Built in 1900
  • 0.06 acre lot

Property Details

3 full
1900

Amenities

Basement

Monthly Cost Estimate

$3,129/mo

20% down · 6.5% · 30 years

Principal$423
Interest$2,535
Insurance$171

Estimates only. Actual payments may vary.

Location

70 Sherman Ave

Newark City, NJ 07114-1809

Property Details

Construction

Aluminum Siding

Cooling

Central Air

Questions & Answers

This 8-bedroom, 3-bathroom residential multi family at 70 Sherman Ave is listed at $585,000. The estimated monthly payment is $2,535 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.06 acre lot.

This property is listed by TATIANA GALVAN.

TG

TATIANA GALVAN

Agent at REAL

Listed by REAL · View on Broker Site

MLS# 4001311· Source: listhub· Updated 172 days ago

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

70 Sherman Ave, Newark City, NJ 07114-1809

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