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199 Shephard Ave

Newark City, NJ 07112
  • $550,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 3925676
UPDATED: 55 min ago
$550,000
  • 7
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

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. 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!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-06T11:46:31.753.
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199 Shephard Ave Newark City, NJ 07112

  • Price: $550,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 55 min ago
  • MLS #: 3925676
7
Beds
3
Baths
0
½ Baths
0.08
Acres
1922
Built
County:
Essex
Area:
Newark City
Property 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. 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!
Exterior Features

Approximate Lot Size 35X100 Exterior Description Vinyl Siding Garage Description Detached Garage Number Of Parking Spaces 3 Parking Driveway Description 1 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling 2UnitsNone Heating 2 UnitsRadiators - Steam Total Number Of Rooms 13 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDenEat-In KitchenLiving Room Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDenEat-In KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Levels 3 Unit3 Room Description BedroomsKitchen Unit3 Rooms 3

Property Features

Assessment Total 348200 Building Assessment 320900 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 27300 Net Operating Income 0 Renovated Year 2019 Sewer Public Sewer Tax Amount 12980 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Rent 1100 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Renovated

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 908-312-5113.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-06T11:46:31.753.
 
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520 Rt 9 North
Manalapan NJ, 08527