Attention investors/developers - ready to build in prime location? 50 x 100 clear level buildable lot subject to city approvals. Zoned C-2. Buyer is responsible to perform due diligence for use/zoning/city approvals. Well located within close proximity to 78, NJ Turnpike, 1-9 and Newark Liberty International Airport. Also for sale MLS #3889484 - 1530 SF warehouse adjacent to vacant land located at 28-30 Clifton St.
Property Details
Property Features
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (973) 226-2577
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.11 Acres
School Info
Assigned Schools Information:
Malcom X Shabazz High School, Public District Grades 9-12
Central High School, Public District Grades 9-12
Weequahic High School, Public District Grades 9-12
Other
Directions Information:
Directions: Frelinghuysen Ave or Elizabeth Ave to Clifton St to 261-263 Sherman Ave
Price Information
Listing Price Info
Price Summary:
List Price: $600,000
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Housing Market Comparison
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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.
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Property Sales & Tax
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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.
High School
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school0.22 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school0.97 miles
Public District Grades 9-12
1
/10
Weequahic High School
279 Chancellor Ave
Distance between this listing and this school1.66 miles
Public District Grades 9-12
Nearby Schools
4
/10
Belmont Runyon Elementary School
1 Belmont Ruyon Way
Distance between this listing and this school0.38 miles
Public District Grades PK-8
5
/10
Louise Spencer Elementary School
66 Muhammad Ali Ave
Distance between this listing and this school0.67 miles
Public District Grades PK-8
3
/10
Dayton Street Elementary School
433 Peshine Ave
Distance between this listing and this school0.76 miles
Public District Grades PK-8
Nearby Schools
1
/10
Eagle Academy
123 Muhammad Ali Ave
Distance between this listing and this school0.79 miles
Public District Grades 6-7
3
/10
Marion P. Thomas Charter School
370 S 7th St # 374
Distance between this listing and this school1.49 miles
Public Charter Grades PK-8
9
/10
The Gray Charter School
55 Liberty St
Distance between this listing and this school1.50 miles
Public Charter Grades KG-8
Assigned Schools
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school0.22 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school0.97 miles
Public District Grades 9-12
1
/10
Weequahic High School
279 Chancellor Ave
Distance between this listing and this school1.66 miles
The neighbors living near this home have an average income of $39,595. The most common annual income of people living in Newark, NJ is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 261 Sherman Ave
What is the listing price of this property?
The listing price of 261 Sherman Ave property is $600,000.
What type of property is this?
The property 261 Sherman Ave is land located in Newark City, New Jersey, 07114.
Is this property for sale now?
Active Listing: 261 Sherman Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 261 Sherman Ave are: Malcom X Shabazz High School: GreatSchools Rating 1/10Central High School: GreatSchools Rating 1/10Weequahic High School: GreatSchools Rating 1/10
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This home is located at 261 Sherman Ave in Newark City, NJ and zip code 07114 in the South Ward neighborhood. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $600,000.
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%. 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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