199 Shephard Avenue

Newark, NJ 07112

$550,000
Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome home! This versatile two-family house offers a fantastic opportunity for both investors and homeowners. Each of the two main units features three spacious bedrooms, living-room and full bath, providing ample living space. The third unit includes one bedroom, kitchen and a full bath. The strategic layout allows you to rent out the two larger units and potentially live in the third unit rent-free. The basement also holds great potential for your creativity, adding even more value to this property....Welcome home! This versatile two-family house offers a fantastic opportunity for both investors and homeowners. Each of the two main units features three spacious bedrooms, living-room and full bath, providing ample living space. The third unit includes one bedroom, kitchen and a full bath. The strategic layout allows you to rent out the two larger units and potentially live in the third unit rent-free. The basement also holds great potential for your creativity, adding even more value to this property. Parking garage available on site for your needs. Located near all public transportation, highways, this home ensures convenient commute and easy access to NY Don't miss out on this prime investment opportunity!
  1. Listed by AMI YAZMIN CRUZ • EXP REALTY, LLC

Property Details for 199 Shephard Avenue

Directions
Between Scheerer Ave and Mapes Ave
Days On Market
35
LISTING UPDATED: 10/28/2024 05:28 PM

Property Details for 199 Shephard Avenue

StatusActive
MLS #3925676
Days on Market85
Taxes$12,980 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1922
Lot Size0.08 AC / 3,484 SF
CountyEssex County

Building Information for 199 Shephard Avenue

Stories-Residences2Year Built1922Building Size-Lot Size0.08 AC / 3,484 SF

Property Information for 199 Shephard Avenue

Summary
Location and General Information
  • Active Days on Market: 35
  • Renovated Year: 2019
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 3665
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 199.0
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: Shephard Ave
  • Zip Code: 07112-3313
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,980
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 348200.0
  • Tax ID For Property: 1614-03665-0000-00059-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Identifier: 59
  • Approximate Lot Size: 35X100
  • Total Acres: 0.08
  • Construction Date/Year Built: 1922
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 320900.0
  • Assessment Land: 27300.0
Utilities
  • Cooling: 2 Units, No Cool
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1300.0
  • Unit 1 Room Description: Bedrooms, Den, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Den, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Levels: 3.0
  • Unit 3 Rent: 1100.0
  • Unit 3 Room Description: Bedrooms, Kitchen
  • Unit 3 Rooms: 3.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 199 Shephard Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 199 Shephard Avenue

Taxable ValueLand$27,300Additions$320,900Total$348,200
Tax Record2023$12,981 ($1,082 / month)
Home Facts
Beds0Total Finished SqFt3,650 SqFtAbove Grade Finished SqFt3,650 SqFtStories3Lot Size3,498 SqFtStyleSingle Family ResidenceYear Built1922CountyESSEXAPN14 03665-0000-00059

Schools near 199 Shephard Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
B.R.I.C.K. Peshine Academy
PublicPK to 8

Hawthorne Avenue Elementary School
PublicPK to 8

Chancellor Avenue Elementary School
PublicPK to 8

George Washington Carver Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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199 Shephard Avenue is a multi-family home for sale in Newark, NJ 07112. This property was listed for sale on September 24, 2024 by EXP REALTY, LLC, it's currently listed at $550,000. It has been on the market for a total of 85 days and was last sold on December 6, 2021. This listing's school district is The Newark Public School District. Nearby schools include B.R.I.C.K. Peshine Academy, Hawthorne Avenue Elementary School and Chancellor Avenue Elementary School. 199 Shephard Avenue is a 7-bed, 3-bath, multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY, LLC, AMI YAZMIN CRUZ

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/18/2024 12:37 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/18/2024 12:37 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.