Experience the perfect balance of space and value-add potential with this four-unit property featuring a retail space and three spacious residential apartments. Two units have been updated. With low taxes, minimal operating expenses, and a strong NOI, this is an excellent turnkey investment or live-work opportunity. The three-car garage offers additional rental income for boosted cash flow. Ideally located near Newark Penn Station, bus lines, local shops, and major highways, this mixed- used property combines accessibility and long-term value. Don't miss this rare opportunity to own a mixed-use property in one of Newark's most convenient neighborhoods!
Property Features
Heating Information
Forced Air
Natural Gas
Parking
On Street
Detached
Cooling Information
Central Air
Water Features
Public
Utilities
Natural Gas Available
Basement
Unfinished
School Information
School Information for 146 Sherman Ave, Newark City, NJ 07114
Elementary School
L SPENCER
Middle School
H WILSON
High School
BELMONT
Listing Courtesy: FLOROSTONE REALTY INC. - 908-445-5339