Essex County  »  07114  »  Sherman Ave  »  337-351 Sherman Ave

337-351 Sherman Avenue, Newark, NJ 07114 Property Information

337-351 Sherman Avenue, Newark, NJ 07114 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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337-351 Sherman Avenue, Newark, NJ 07114
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Address

Primary address 337-351 Sherman Avenue, Newark
Zip code 07114
County Essex
Municipality Newark City
Block 3546
Lot 76
Neighborhood Dayton

Sales & Tax Overview for 337-351 Sherman Avenue, Newark

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 04/16/1991
Sale price $435,000
Arm's length
Property tax $116,783

Lot & Building Information for 337-351 Sherman Avenue, Newark

Building sqft 213,757
Building class Industrial-Other (331)
Acreage 1.259
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 337-351 Sherman Avenue, Newark

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About 337-351 Sherman Avenue, Newark

How many square feet does 337-351 Sherman Avenue, Newark, NJ 07114 have?

This Industrial-Other (331) located at 337-351 Sherman Avenue, Newark, NJ 07114 has a total of 213,757 square feet.

What is the market value of 337-351 Sherman Avenue, Newark, NJ 07114?

The current market value is $2,920,300.

Ownership Information

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Spaces for Sale in 337-351 Sherman Avenue, Newark

337-351 Sherman Avenue
Listing type For Sale
Listing date 03/18/2024
Last updated 05/01/2026

Asking Price: $20,800,000 Building Size: 151,000 SF Available: 83,991 SF Total 1st Floor - 24,943 SF 3rd Floor - 37,314 SF 4th Floor - 21,756 SF Price Per SF: $137.75 Ceiling Heights: 16’ 1st Floor, 11’ Floors 2, 3 & 4 Loading Docks: 5 Exterior, 8 Interior Pro Forma Cap Rate: 7.5% Freight Elevators: 2 Zoning: Medium Industrial Comments: Brand New Roof

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Brokers

Drew Maffey
Active Listings For This Property:
For Sale 337-351 Sherman Avenue
337-351 Sherman Avenue
337-351 Sherman Avenue, Newark
Property Warehouse/Distribution
Availability Spaces listed / Sqft
Price $20,800,000
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Past Sales & Property History for 337-351 Sherman Avenue, Newark

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Purchase date Purchase price Buyer name Seller name
04/16/1991 $435,000

Title Documents for 337-351 Sherman Avenue, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/09/2026 - R Mortgage
04/01/2022 - R Assignment of Mortgage
04/01/2022 - R Assignment of Mortgage
04/01/2022 - R Mortgage
04/01/2022 - R Mortgage
04/01/2022 - R Mortgage
04/01/2022 - R Mortgage 03/14/2048
04/01/2022 - R Mortgage 03/14/2048
04/01/2022 - R Mortgage
03/11/2022 - D
04/01/2022 - R
Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 337-351 Sherman Avenue, Newark

Access detailed property tax data for 337-351 Sherman Avenue, Newark, NJ 07114. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $116,783
Market value $2,920,300

Assessment History for 337-351 Sherman Avenue, Newark

Here's the assessment & property tax history for 337-351 Sherman Avenue, Newark, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $2,920,300 $2,920,300 3.999 $116,783 +5.15%
2024 $2,920,300 $2,920,300 3.803 $111,059 +2.01%
2023 $2,920,300 $2,920,300 3.728 $108,869 -0.21%
2022 $2,920,300 $2,920,300 3.736 $109,102 +0.05%
2021 $2,920,300 $2,920,300 3.734 $109,044 -1.74%

Demographics by Zip Code

Total population 13,670
Median age 35.7
Average household income $58,546
Family households 55.2%
Occupied housing units 4,401
Owner occupied units 20.3%
Average number of people per household 2.39
Median year structure built 1971
Median value for units with a mortgage $424,000
Median value for units without a mortgage $0

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 337-351 Sherman Avenue, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 337-351 Sherman Avenue, Newark

Here are the neighbors for 337-351 Sherman Avenue, Newark.

Address Square feet Purchase date Purchase price
14-24 Meeker Pl, Millburn 12/23/2018 $2,850,000
408-420 Elizabeth Ave, Newark 32,000 01/20/2011 $720,000
348-362 Elizabeth Ave, Newark 05/14/2021 $4,500,000
364-374 Elizabeth Ave, Newark 21,885 12/14/1981
71-79 Meeker Ave, Newark 10/07/2005
26-38 Meeker Pl, Millburn 10/01/1991
313 Elizabeth Ave, Newark 08/28/2000 $100
81 Meeker Ave, Newark 01/30/1998 $78,230
20-26 Elizabeth Pl, Newark 23,148 01/17/1994 $25,200
195-201 Meeker Ave, Newark 12/23/2018 $2,850,000
511-513 Frelinghuysen Ave, Newark 09/15/2010 $35,000
203-221 Meeker Ave, Newark 03/08/2023 $16,550,000
20 Hawthorne Ave, Newark 08/27/2016 $55,000
22 Hawthorne Ave, Newark 08/27/2016 $55,000
422-432 Elizabeth Ave, Newark 32,000 12/23/2018 $2,850,000
16-18 Hawthorne Ave, Newark 04/22/2024 $1
2-16 Elizabeth Pl, Newark 03/10/2004 $814,000
415-433 Elizabeth Ave, Newark 08/05/2014 $900,000
364-374 Rea Elizabeth Ave, Newark 12/14/1981
31-35 Noble St, Newark 02/02/1999 $145,000

Nearby ZIP Codes for 337-351 Sherman Avenue, Newark

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