70 Sherman Ave Newark, NJ 07114
South Broad Valley NeighborhoodEstimated payment $4,486/month
About This Home
Discover the perfect investment opportunity with this large, well-maintained 2-family home featuring a bonus attic apartment. The property offers exceptional space, versatility, and rental potential?and will be delivered fully vacant, making it ideal for both homeowners and investors. The first and second floors each offer 3 spacious bedrooms. The attic level features a bonus apartment complete with 2 bedrooms, 1 full bath, and a kitchen, providing additional living or income-producing space. Enjoy the convenience of separate utilities and a generous basement with plenty of room for storage or a laundry setup. This property offers endless possibilities. *Photos are from before tenants occupied the units *Don?t miss the chance to own this spacious, income-generating multi-family home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,984
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Utilities
- Central Air
- Multiple Heating Units
- Standard Electricity
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 1614-02809-0000-00007-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,984 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | Price Changed | $585,000 | -2.5% | -- | |
| 02/05/2026 02/05/26 | For Sale | $599,999 | 0.0% | -- | |
| 12/16/2025 12/16/25 | Off Market | $599,999 | -- | -- | |
| 12/11/2025 12/11/25 | For Sale | $599,999 | +11.1% | -- | |
| 06/30/2023 06/30/23 | Sold | $540,000 | +10.4% | -- | View Prior Sale |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- | |
| 04/21/2023 04/21/23 | For Sale | $489,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $540,000 | Nu World Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $70,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $530,219 | New Conventional | |
| Previous Owner | $176,600 | New Conventional |
Source: Garden State MLS
MLS Number: 4001311
APN: 14-02809-0000-00007
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.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
- 68 Sherman Ave
- 72 Sherman Ave
- 83 Sherman Ave
- 32 Emmet St
- 38 Emmet St
- 37 Emmet St
- 90 Pennsylvania Ave
- 56 Vanderpool St
- 113-117 Vanderpool St
- 119-123 Vanderpool St
- 90 Clinton Ave Unit 204
- 90 Clinton Ave Unit 206
- 15-19 Tichenor Ln Unit 406
- 15-19 Tichenor Ln Unit 205
- 15-19 Tichenor Ln Unit 407
- 15-19 Tichenor Ln Unit 403
- 15-19 Tichenor Ln Unit 405
- 24 Johnson Ave
- 78-80 Milford Ave
- 84 Union St Unit C2
- 44 Astor St Unit 3
- 39 Emmet St
- 84-86 Astor St
- 64-68 Emmet St
- 1213-1221 Broad St
- 11 Thomas St Unit 1
- 11 Thomas St Unit STUDIO
- 90 Clinton Ave Unit 306
- 90 Clinton Ave Unit 201
- 17 Earl St Unit 17-2
- 36 Muhammad Ali Ave
- 47 Milford Ave Unit 6
- 8 Pennsylvania Ave Unit 1
- 12 Johnson Ave Unit bsmt
- 311 Clinton Ave Unit 301
- 311 Clinton Ave Unit 309
- 311 Clinton Ave Unit 303
- 133 Elizabeth Ave
- 529-531 Mulberry St
- 110 Milford Ave Unit 1
Ask me questions while you tour the home.