12 days on rocket

234 Sherman Ave, Newark City, NJ, 07114

$450,000

Home List Price

$5,344*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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234 Sherman Ave, Newark$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, On-Street Parking
Year Built1915
HeatingNatural Gas
CoolingOther
BasementYes
MLS #3933493
Lot Size0.06 Acres
StatusActive

About 234 Sherman Ave

This beautifully 2-story multi-family home at 234 Sherman Ave in Newark offers a perfect blend of modern updates and classic charm. The property features 4 spacious bedrooms and 2 bathrooms, making it ideal for both homeowners and investors. Each unit boasts bright living areas with hardwood floors, updated kitchens with granite countertops and modern appliances, and stylish bathrooms with contemporary fixtures. The home's open layout and large windows create a warm, inviting atmosphere, while a private outdoor space offers a retreat for relaxation. Located in a convenient area near public transportation, schools, parks, and shops, this home is move-in ready and presents great potential for multi-generational living or rental income.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1915

Listing Office:

  • Office Name: KELLER WILLIAMS MID-TOWN DIRECT
  • Office Phone: (347) 470-6144

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: On-Street Parking, On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: E. Bigelow St to Sherman Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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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

234 Sherman Ave vs Newark

12 DAYS ON ROCKET

-63 Days

$450,000

+$53.8K More

KEY TAKEAWAY

This property is $53.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3933493

Listing Office:

  • Office Name: KELLER WILLIAMS MID-TOWN DIRECT
  • Office Phone: (347) 470-6144

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: 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 an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein 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.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 12:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-471642
4
/10

  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 1.22 miles

  • Public Charter Grades PK-4

school-card-donut-471643
1
/10

  • East Ward Elementary School

  • 104 Oliver St

  • 1.26 miles

  • Public District Grades PK-3

school-card-donut-471644
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 1.43 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,595. Residents of Newark, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. Most 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›234 Sherman Ave

This home is located at 234 Sherman Ave in Newark City, NJ and zip code 07114 in the South Ward neighborhood. This home, which was built in 1915, sits on a 0.06 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $450,000.

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. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. In October 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $396,125.

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

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