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About This Home
This 8-bedroom, 4-bathroom residential multi family at 83 Sherman Ave in Newark City, NJ is listed for $700,000. Built in 1917, on a 0.09 acres lot.
Totally Updated Legal 3-Family Investment Opportunity! This fully renovated and legally 3-family property offers an exceptional opportunity for both investors and owner-occupants. Featuring spacious units, a walk-out basement, ample off-street parking, and a large oversized garage, this property combines functionality with strong income potential.
Conveniently located near major highways, Newark Liberty International Airport, public transportation, shopping, dining, and other everyday amenities, it provides easy access for commuters and tenants alike. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the others, this versatile property is one you won't want to miss.
Key Features
- Built in 1917
- 0.09 acre lot
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,744/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
83 Sherman Ave
Newark City, NJ 07114-2973
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 83 Sherman Ave is listed at $700,000. The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.
Key features include: Built in 1917, 0.09 acre lot, 4 parking spaces.
This property is listed by BRENDAN DASILVA and can be reached at 9737837400 or offers@dasilvateamnj.com.








