$800,000

240 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated payment $4,990/month

6 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Multiple cooling system units

About This Home

Charming well-maintained multi-level home featuring a distinctive design with an attractive brick exterior and large bay-style windows that provide plenty of natural light. The first and second floors feature 3 bedrooms, 2 full bathrooms, a walk-in closet, and a bright open-concept layout that seamlessly connects the living room, dining area, and kitchen. The fully finished basement adds valuable living space and versatility. Additional highlights include a gated driveway offering off-street parking, a convenient two-car garage, and a dedicated laundry room with washer and dryer hookups. Conveniently located near major highways, public transportation, Newark Liberty International Airport, shopping, restaurants, and parks. Great opportunity for homeowners or investors.

Listing Agent

CAROLL F. PEREZ

WEICHERT REALTORS - HOME CITY Brokerage Phone: 201-293-6333 Listed on: 03/05/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,477

Year Built

  • Built in 2005

Lot Details

  • 26 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-02770-0000-00017-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,477

Year Built

Built in 2005

Lot Details

26 Sq Ft Lot

Parking

2

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 2005
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Major household appliances, chandeliers & ceiling fans are excluded.
  • Directions: Rt NJ-21, Poinier St. to Sherman Ave or GPS/ Google Maps.
  • I D: 5414963
  • Attribution Contact: 201-293-6333
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Walk-In Closet, Wood Floors
  • Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 26.8X100
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10477
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-02770-0000-00017-0000-
  • Tax Rate Amount: 3.999
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,767 $262,000 $48,000 $214,000
2024 $9,767 $262,000 $48,000 $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2026 03/05/26 For Sale $800,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 4012881

Garden State MLS

APN: 14 02770-0000-00017

New Jersey Essex County Newark 07114 South Broad Valley

240 Sherman Ave, Newark, NJ

For Sale

MultiFamily

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Listing Agent
CAROLL F. PEREZ
WEICHERT REALTORS - HOME CITY
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