Property

Newark City, NJ 07112 198-200 Shephard Ave

Pending
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Presented By: KELLER WILLIAMS PARK VIEWS; 201-640-0487
  • MLS# 3982176
  • 08/19/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 3

Home Details

Don't miss your chance to own this massive 3-family gem! Featuring three full-floor units PLUS a finished basement, this is the perfect opportunity for investors or savvy buyers. 1st & 2nd Floor Units: 4 spacious bedrooms, 1 bathroom, an eat-in kitchen, and a bright, comfy living room. 3rd Floor Unit: 2 bedrooms, 1 bathroom, eat-in kitchen, and cozy living space. Outside, enjoy a long private driveway and a generous backyard perfect for entertaining or relaxing. Close to major transportation, schools, and shopping. Everything you need is right here! High rental income potential, low vacancy risk. This is your next cash-flowing asset - book a showing today before it's gone!
Presented By: KELLER WILLIAMS PARK VIEWS; 201-640-0487

Interior Features for 198-200 Shephard Ave

Bedrooms

Total Bedrooms10
Unit 1 Beds Total4
Unit 2 Beds Total4
Unit 3 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft999
Unit 2 Sq Ft999
Unit 3 Sq Ft999
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent999
UnitType2TotalRent999
UnitType3TotalRent999
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementFinished
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms7
Unit 1 Rooms13
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Porch, Rec Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room

General for 198-200 Shephard Ave

Architectural Style3-Three Story
CoolingWindow A/C(s)
CountyEssex
DirectionsOsborne Ter to Shephard Ave
Drive1 Car Width, Blacktop, Driveway-Exclusive
EasementUnknown
Full Baths3
GarageNone
Gross Income999
HeatingMulti-Zone
Net Operating Income999
Number Of Units Total3
Open Parking Spaces4
Operating Expense999
PossessionAt Closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount6822
Tax Assessed Value179400
Tax Lot42
Tax Year2024
Total Rooms25
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1924

Exterior for 198-200 Shephard Ave

Exterior DescriptionVinyl Siding
Lot Dimensions35X100
Lot Size Acres0.08
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $799,000
MLS#3982176
List Date 08/19/2025
Property Type Pending
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