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171 Sherman Ave, Newark, NJ, 07114

$549,999

Home List Price

$6,531*

Closing Credit

8 Bedrooms
2 Full Baths
Multi

Location

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171 Sherman Ave, Newark$549,999

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas, Hot Water, Radiant
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
MLS #24036628
StatusActive
(ACTIVE)

About 171 Sherman Ave

Welcome to this charming property on Sherman Ave in Newark, NJ, offering a perfect combination of comfort and convenience. This well-kept home features spacious living areas filled with natural light, a functional kitchen with plenty of storage, and inviting bedrooms ideal for relaxation. The backyard provides a private retreat, perfect for outdoor activities or unwinding after a long day. Situated in a prime Newark location, this property is close to schools, parks, shopping, and public transportation, making it ideal for those seeking accessibility alongside suburban tranquility. Don't miss out on this wonderful opportunity to call this Newark home your own!

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (347) 988-8291
  • Listing Agent: Vinnell Josephs

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Radiant
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,999

Tax Information:

  • Annual Amount: $6,331
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

171 Sherman Ave vs Newark

1 DAY ON ROCKET

-74 Days

$549,999

+$153.8K More

KEY TAKEAWAY

This property is $153.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24036628

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (347) 988-8291
  • Listing Agent: Vinnell Josephs

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. 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© 2024 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: 11/17/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 20, 2019Home Sold
$300,000
Mar 15, 2018Home Sold
$85,000
Nov 10, 2016Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,331$224,900
2019$6,134$166,100
2018$5,913$166,100
2017$5,913$166,100

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-420282
4
/10

  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 1.03 miles

  • Public Charter Grades PK-4

school-card-donut-420283
1
/10

  • East Ward Elementary School

  • 104 Oliver St

  • 1.13 miles

  • Public District Grades PK-3

school-card-donut-420284
5
/10

  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 1.27 miles

  • Public District Grades PK-1

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,621. The majority of Newark, NJ residents have income less than $35k annually. Residents typically live in single, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07114›171 Sherman Ave

This home is located at 171 Sherman Ave in Newark, NJ and zip code 07114 in the South Ward neighborhood. Features: 8 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $549,999.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 75 days, the median list price was $396,125.

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

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