124 Shephard Ave
Newark City, NJ 07112
Price: $499,999
GSMLS: 3969277Type: Multi-Family
Style: Fixer Upper
Total Units: 3
Beds: 7
Baths: 3 Full
Garage: 2-Car
Year Built: 1930
Acres: 0.08
Property Tax: $2,574
Description
Investment Opportunity In Newark ? 3-family Home With Huge Upside!discover The Potential At 124 Shephard Ave, A Vacant 3-family Property Located In The Heart Of Newark. This Multi-unit Home Offers The Perfect Canvas For Investors Or Owner-occupants Looking To Renovate And Build Equity.each Unit Features Spacious Layouts, Ideal For Future Rental Income Or Multigenerational Living. While The Property Requires Repairs, Major Groundwork Has Already Been Laid?the Oil Tank Has Been Professionally Removed, And The Property Is Being Sold Strictly As-is, Giving You Full Control To Transform It To Your Standards.located On A Quiet Residential Street With Convenient Access To Transportation, Shopping, And Schools, This Is An Excellent Value-add Opportunity In One Of Newark?s Fast-developing Neighborhoods.don?t Miss Out On This Rare 3-family Investment Property. Schedule Your Showing Today!
General Info
Style:
Fixer Upper
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
35X100
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
Blacktop
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$499,999
Tax Amount:
$2,574
Land Assessment:
$28,800
Build. Assessment:
$38,900
Total Assessment:
$67,700
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3969277
List Date:
06-12-2025
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHillsRockaway.com
