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$ 499,999
Est. payment /mo
New
124 Shephard Ave Newark City, NJ 07112
7 Beds
3 Baths
2,997 SqFt
UPDATED:
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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Listed by COLDWELL BANKER REALTY