1. New Jersey
2. Newark City
3. 146 Sherman Ave

146 Sherman Ave, Newark City, NJ 07114

• 7 beds |
• 3 baths

Property Description

Experience the perfect balance of space and value-add potential with this four-unit property featuring a retail space and three spacious residential apartments. The first-floor apartment has been updated. With low taxes, minimal operating expenses, and a strong NOI, this is an excellent turnkey investment or live-work opportunity. The three-car garage offers additional rental income for boosted cash flow. Ideally located near Newark Penn Station, bus lines, local shops, and major highways, this mixed- used property combines accessibility and long-term value. Don?t miss this rare opportunity to own a mixed-use property in one of Newark?s most convenient neighborhoods!

Listing Status:

Active

Listing Office:

FLOROSTONE REALTY INC. : 908-445-5339

MLS ID:

3982620

Interior

• Basement: Unfinished
• A/C: Central Air
• Heating: Forced Hot AirGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: On-Street Parking
• Zoning: 1614-02791-0000-00025-0000-

Utilities

• Utilities: ElectricGas-Natural
• Water: Public Water
• Sewer: Public Sewer

This listing courtesy of FLOROSTONE REALTY INC.