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!
Active
$799,000
198-200 Shephard Ave, Newark City, NJ 07112
10beds
2,997sqft
Est.:
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$267/sqft
$-- HOA
What's special
Eat-in kitchenGenerous backyardLong private drivewayCozy living space
- 15 hours
- on Zillow |
- 77 |
- 1 |
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#: 3982176

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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