Properties

Description

Experience the perfect blend of modern upgrades and strong rental potential at 146 Sherman Ave, a fully renovated mixed-use gem in the heart of Newark. This four-unit property features a street-level retail space and three spacious residential units, all thoughtfully updated with contemporary finishes, newer mechanical systems, and stylish details throughout. Tenants enjoy central air, updated kitchens and baths, and ample natural light. With low taxes, minimal operating expenses and a robust NOI, this is an ideal turnkey investment or live-work opportunity. Garage rental income adds bonus cash flow. Located near transit, shops, and major highways. Don't miss this rare offering!

Features

  • Heating System : Forced Hot Air
  • Cooling System : Central Air
  • Basement : Unfinished
  • Roof Deck : Asphalt Shingle
  • Tax Assessed Valuation: 145700
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: FLOROSTONE REALTY INC.
  • Office MLS ID: 4889
  • Agent ID: 277033
  • Tax: 5540
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: R-3

Commercial For Sale

For Sale
$750,000

146 Sherman Ave, Newark City, *

  • SQFT 25 Acre
  • Built Year 1920

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5380074
  • Price: $750,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 5

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Sherman Ave
  • Street Number: 146
  • Street Direction: I-280 to Exit 13, Clifton Ave. Turn right on Clift
  • Floor Number: 0
  • Longitude: W75° 48' 47.2''
  • Latitude: N40° 43' 12.6''
  • Internet Display Address: No
Property