168 Sherman Ave - Apartments FOR SALE


Newark, NJ 07114- South Broad Street
$1,290,000 USD
973-589-7550
168 Sherman Ave, Newark, NJ for Sale
$1,290,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

168 Sherman Ave
Newark, NJ 07114
South Broad Street


OVERVIEW

Must see legal 6 Family Investment opportunity! Completely renovated inside & out in 2020, this turn-key property features major updates including a new roof, beams, plumbing, electrical, siding and HVAC systems. Each unit offers 2 bedrooms, 1 bath, an open-concept kitchen/dining area, high ceilings, stainless steel appliances, and is internet, phone and cable ready. A camera/intercom system is installed in every unit for added security and convenience. All separate utilities and a bonus finished basement. Located near Downtown Newark, Newark International Airport, Newark Penn Station with easy access to major highways and public transportation, this is great chance to lock into a market with rising demand and solid growth potential.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

6

PRICE/UNIT

$215,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,210 SF

ZONING

-

APN/PARCEL ID

14-02786-0000-00022

ASK ABOUT THIS PROPERTY

James RosaRosa Agency-Ironbound, LLCMore Info
973-589-7550

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James RosaRosa Agency-Ironbound, LLCMore Info
973-589-7550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.