124 Shephard Ave new

Newark City,NJ 07112

$ 499999

7 Beds

3 Baths

2997 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,997 sqft

Price per Sqft $166

MLS Listing ID 3969277

Style Fixer Upper

Bedrooms 7

Full Baths 3

Year Built 1930

Annual Tax Amount $2,574

Tax Year 2024

Lot Size 3,484 Sqft

Property 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!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Fixer Upper

Others

Senior Community No

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