169 Sherman Ave, Newark, NJ, 07114
About This Home
Perfect investment opportunity in the heart of Newark City! This versatile property features two well-designed units with separate entrances. The first floor offers 4 bedrooms, a living room, an eat-in kitchen, and a full bath. The second floor offers 5 bedrooms, a living room, an eat-in kitchen, and a full bath. It is an excellent option for owner-occupants, investors, or those seeking flexible living arrangements.Conveniently situated just minutes from NYC-bound transportation and major highways, this property offers exceptional convenience. Whether you're looking to expand your portfolio or secure an income-producing property, this Newark City gem is one you won't want to miss.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
Heating & Cooling
- Heating features: 2 Units,Baseboard - Hotwater,Natural Gas
- Cooling features: See Remarks
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614027850000000240000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,613 sqft
- Features: Level
- Lot size dimensions: 25 x 100
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,523 | $30,276 |
| Home Insurance * | $334 | $4,008 |
| Property Taxes | $873 | $10,476 |
| Electricity | $193 | $2,318 |
| Total | $3,923 | $47,076 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-30 | Listed for sale | $499,000 |
| 2013-02-22 | Listing removed | $265,000 |
| 2012-08-24 | Price change | $265,000 |
| 2010-05-20 | Listed for sale | $224,900 |
| 2009-10-08 | Sold | $75,000 |
For Sale by Agent
View on Zillow