171 Sherman Avenue, Newark, NJ 07114 - Photo 1

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$548,999 -$1,000 (-0.18%) Price Reduced

For Sale
Active
Duplex
7 Beds
2 Full Baths
Updated 6 days ago

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Property Description

Welcome to this charming multi-family property on Sherman Ave in Newark, NJ, offering a perfect blend of space and convenience. With spacious living areas, functional kitchens, and a private backyard perfect for outdoor activities, this property is ideal for comfortable living or investment. Located in a prime Newark neighborhood close to schools, parks, shopping, and public transportation, it provides easy access to local amenities. Unit 1 features 4 bedrooms and 1 bathroom, while Unit 2 offers 3 bedrooms and 1 bathroom, making this a versatile and practical choice. Don't miss out on this Newark gem!

Full Property Details

Full Property Details for 171 Sherman Ave

General

Price: $548,999
Taxes: $8,384
Status: Active
Type: Duplex
Source: NJMLS
MLS ID: 24036628
Updated: 1/28/2025
Added to Site: 81 day(s) ago

Interior

Number of Rooms: 8

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 7

Other Rooms

Laundry: None

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec

Structural Information

Architectural Style: 2 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $8,384

Listed by EXP Realty, LLC (866) 201-6210, Vinnell Josephs (347) 988-8291

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Listing agent

— 171 Sherman Ave —

Vinnell Josephs

EXP Realty, LLC

(347) 988-8291

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NMLS#: 1598647

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Schools

Schools serving 171 Sherman Ave

School District:Newark Public Schools

Name	Grades	Distance
Louise A. Spencer Elementary School 66 Muhammad Ali Ave, Newark, NJ 07108	PK-8	0.4 mi
Belmont Runyon School 1 Belmont Ruyon Way, Newark, NJ 07108	PK-8	0.6 mi
Peshine Avenue Academy 433 Peshine Ave, Newark, NJ 07112	PK-8	0.9 mi
Newark School Of Global Studies 24 Crane St, Newark, NJ 07104	9-11	2.4 mi
Newark School Of Data Science & Information Technology 746 Sanford Ave, Newark, NJ 07106	9-10	2.8 mi
Newark School Of Fashion & Design 239 Woodside Ave, Newark, NJ 07104	9-10	4 mi
Hawthorne Avenue School 428 Hawthorne Ave, Newark, NJ 07112	PK-8	1.3 mi
George Washington Carver School 333 Clinton Pl, Newark, NJ 07112	PK-8	1.5 mi
South Seventeenth Street Elementary School 619 S 17th St, Newark, NJ 07103	K-8	1.6 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 171 Sherman Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/28/2025

Price Reduced

$548,999

-0.18%

MLS

11/15/2024

Listed

$549,999

83.33%

MLS

7/17/2019

Sold

$300,000

—

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

Tax History for 171 Sherman Ave

Year

Property Taxes

Change

Tax Assessment

Change

2022

$8,402

—

$224,900

—

2021

$8,398

33%

$224,900

—

2021

$6,331

$224,900

35%

2019

$6,247

$166,100

—

2018

$6,134

$166,100

—

2017

$5,913

$166,100

—

2016

$5,714

$166,100

—

2015

$5,496

12%

$166,100

—

2013

$4,905

—

$166,100

—

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 171 Sherman Ave

171 Sherman Avenue, Newark, NJ 07114 (MLS# 24036628) is a Duplex property with 7 bedrooms and 2 full bathrooms. 171 Sherman Avenue is currently listed for $548,999 and was received on November 15, 2024. Want to learn more about 171 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.

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171 Sherman Ave Newark, NJ 07114