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  • $799,000

    198-200 Shephard Ave, Newark City, NJ 07112

    10beds
    2,997sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $267/sqft
    $-- HOA

    What's special

    Eat-in kitchenGenerous backyardLong private drivewayCozy living space
    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!
    15 hours
    on Zillow
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    Zillow last checked: 13 hours ago

    Listing updated: August 19, 2025 at 01:03pm

    Listed by:

    Eyal Levy 201-640-0487,

    Keller Williams Park Views

    Source: GSMLS,MLS#: 3982176MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 198-200 Shephard Ave.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Zoned, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range/Oven - Gas, Refrigerator
    Features
    • Bedrooms, Eat-in Kitchen, Living Room, Rec Room, Eat-In Kitchen
    • Basement: Yes,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,997
    • Total interior livable area: 2,997 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: 1 Car Width, Asphalt, Driveway-Exclusive, None
    • Uncovered spaces: 4
    Features
    • Levels: 3-Three Story
    • Stories: 3
    • Patio & porch: Porch
    Lot
    • Size: 3,484.8 Square Feet
    • Dimensions: 35 x 100
    Details
    • Parcel number: 1614036640000000420000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1924

    Utilities & green energy

    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $267/sqft
    • Tax assessed value: $179,400
    • Annual tax amount: $6,822
    • Date on market: 8/19/2025
    • Total actual rent: 2997
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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