NOT LISTED FOR SALE

70 Sherman Ave Unit 1 Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $633,107 - $792,000

3 Beds
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

About This Home

As of November 2023

Welcome to your dream apartment! This spacious, renovated 3-bedroom gem boasts generously-sized rooms, creating a comfortable and airy living space. With ample natural light streaming through large windows, the interior feels warm and inviting. The modern kitchen is a chef's delight, featuring top-of-the-line appliances and abundant storage. Don't miss the chance to call this dreamy abode your home sweet home!

Last Agent to Rent the Property

Ismael Rodriguez

Real Listed on: 08/06/2023

Real

Co-Listed By

Tatiana Galvan

Real

Real

Last Renter's Agent

Tatiana Galvan

Real

Real

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 2,483

Home Design

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

Amenities

  • No Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Leased - Leased
  • Directions: 70 Sherman ave
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Pacdys Property Llc
Bought by
Antonio Elmy
Current Estimated Value
$703,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,219
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2007
Sold by
Rivera Anne
Bought by
Rivera Anne and Rivera Analisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,600
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 1993
Sold by
Morejon Eusebia
Bought by
Rivera Anne

Purchase Details

Closed on
May 3, 1991
Sold by
Morejon Miguel
Bought by
Moreson Eusebia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Antonio Elmy $540,000 Nu World Title
Rivera Anne -- None Available
Rivera Anne $70,000 --
Moreson Eusebia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antonio Elmy $530,219
Previous Owner Rivera Anne $176,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Rented $2,350 +6.8% --
09/27/2023 09/27/23 Price Changed $2,200 -6.4% --
08/25/2023 08/25/23 Price Changed $2,350 -6.0% --
08/06/2023 08/06/23 For Rent $2,500 -- --
Source: New Jersey MLS

Tax History Compared to Growth

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 $6,528 $420,300 $45,100 $375,200
2024 $6,528 $420,300 $45,100 $375,200
2022 $6,542 $175,100 $45,100 $130,000
2021 $6,538 $175,100 $45,100 $130,000
2020 $6,654 $175,100 $45,100 $130,000
2019 $6,586 $175,100 $45,100 $130,000
2018 $6,466 $175,100 $45,100 $130,000
2017 $6,234 $175,100 $45,100 $130,000
2016 $6,023 $175,100 $45,100 $130,000
2015 $5,794 $175,100 $45,100 $130,000
2014 $5,430 $175,100 $45,100 $130,000
Source: Public Records

Agents Affiliated with this Home

  • I

    Landlord's Agent in 2023

    Ismael Rodriguez

    Real

    (973) 955-3215

    24 Total Sales

    Ismael Rodriguez
    Section Image

  • T

    Landlord's Co-Listing Agent in 2023

    Tatiana Galvan

    Real

    (201) 988-0840

    1 in this area

    13 Total Sales

    Tatiana Galvan
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23024386

New Jersey MLS

APN: 14-02809-0000-00007

New Jersey Essex County Newark 07114 South Broad Valley

70 Sherman Ave Unit 1, Newark, NJ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS 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 Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. 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, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes