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116-118 Shephard Ave Newark, NJ $ 925,000
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$ 925,000 Get more info
116-118 Shephard Ave
$ 925,000
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New Construction
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116-118 Shephard Ave

Newark, NJ, 07112
$ 925,000
Bedrooms6 Baths4.1 Sq 4,550

Monthly Estimate*

$ 5,771

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Multi-Family Home for sale in Newark, NJ

for $925,000 with 6 bedrooms and 4 full baths, 1 half bath. This 4,550 square foot home was built in 2025 on a lot size of 0.09.

New construction oversized two-family home. First floor has 2 car garage, utility room, reg-room with half bath, and connection to the second floor. Floors 2 nd 3 are nearly identical floorpan with large living/dining room; kitchen with dishwasher, refrigerator, stove; three large bedrooms with plenty of closet space; laundry room; and two full bathrooms. Wood and tile floors, central HVAC, separate utilities, 10 year home warranty. Property qualifies for 5 year tax abatement. Construction expected to be completed in August

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Multi-Family Pending

Price

$ 925,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 1,114

Style

3-Three Story

Lot Size

0.09

Year Built

2025

Town/City

Newark

County/Region

Essex

MLS | Web ID

3964288
Features
Interior
Interior Amenities Carbon Monoxide Detector Intercom Smoke Detector Tile Floors Walk-In Closet Wood Floors
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 6
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General
Sewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling 2 Units Central Air
Utilities Gas In Street
Possession closing
Roof Asphalt Shingle
Garage Spaces 2
Architectural Style 3-Three Story
Year Built 2025
Garage Built-In Garage
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 4
Status Under Contract
Directions Bergan and Shephard
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 1114
Home Warranty Y/N Yes
Drive On-Street Parking
Standard Status Under Contract
Tax Assessed Value 29300
Town # 1614
Tax Lot 9
Farm Assessment No
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Exterior
Water Source Public Water
Exterior Description Brick Composition Siding
Building Area Total 4550
Lot Dimensions 38.10X100
Lot Size Acres 0.09
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* Excluded Features
List By
PATRICK DWYER

Listing Agent

Exit Realty Lucky Associates

Broker

patrick.dwyer@luckyrealty.com

Email

Affordability Calculator

$5,864
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,771
Monthly Property Taxes
$93
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/10/2025$925,000 -2.53% Price Down
5/20/2025$949,000 Listed Price

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116-118 Shephard Ave, Newark, NJ, 07112 is a Multi-Family Home for sale at $925,000 with 4,550 sqft and a lot size of 0.09. 116-118 Shephard Ave has 6 bedrooms, 4.1 baths, and was built in 2025. The property's zip code is 07112 which is in Newark, NJ

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