$624,900

230 Sherman Ave Newark, NJ 07114

$7,421
Closing credit¹
8 beds
5 full
Multi-Family

Property details

About 230 Sherman Ave

This stunning three-story multi-family home is a fantastic opportunity for an income producing property. Well-maintained and move-in ready, the property features two spacious units with modern updates, new appliances, and beautiful wood floors. The first unit offers a private entrance and two-story layout. The first floor includes two bedrooms and one full bath, while the second floor boasts three additional bedrooms, two full baths, and double walk-in closets in the primary suite.The second unit is bright and inviting, featuring three bedrooms and two full baths with an open and functional layout. Additional highlights include a garage for convenient parking and storage, as well as the home's prime location close to shops, schools, and transportation.With its excellent condition, ample living space, and income potential, this property is a rare find. Don't miss the chance to make it yours schedule your showing today!

Highlights

Home typeMulti Family
StatusActive
MLS #25007469

Summary

  • MLS Number: 25007469
  • Office Name: CAPC Brokerage, LLC
  • Office Phone: (973) 291-1393
  • Listing Agent: Raul Cabrera

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring brick siding, a fenced front yard, an attached garage, and a gate

$624,900

230 Sherman Ave

$7,421

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 01, 2005
Home Sold
$421,000
May 07, 2004
Home Sold
$50,777

Tax history

YearAssessmentProperty Tax
2024$140,400$5,234
2022$140,400$3,957
2021$140,400$3,957
2020$140,400$9,594
2019$255,100$9,420

History based on county public records data.

Nearby schools

4

Newark Educators Community Charter School

Public Charter PK-4

1.2 mi

9-11 Hill St

1

East Ward Elementary School

Public District PK-3

1.3 mi

104 Oliver St

2

Harriet Tubman Elementary School

Public District PK-6

1.4 mi

504 S 10th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,595. Typical income of Newark, NJ residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

43%
<35k
47%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

36%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • QdobaQdoba
  • Cicis PizzaCicis Pizza
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolkswagenVolkswagen
  • PontiacPontiac
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 230 Sherman Ave in Newark, NJ and zip code 07114 in the South Ward neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $624,900.

In February 2025 in Newark, NJ there were 18.4% more homes for sale than in January. While the average time on the market in February 2025 was 100 days, the median list price was $495,000.

From Rocket Homes Real Estate and based on county public records data.

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