$949,000
NEW CONSTRUCTION

116-118 Shephard Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated payment $5,379/month

Total Views 102
6 Beds
4.5 Baths
4,550 Sq Ft
$209 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Walk-In Closet
  • Under Construction
  • Intercom
  • Forced Air Heating and Cooling System

About This Home

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 July.

Listing Agent

Patrick Dwyer

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700

EXIT REALTY LUCKY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 38 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Siding
  • Composite Building Materials

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Home Security

  • Intercom
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units

Community Details

  • 4,550 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1614-03664-0000-00009-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,114

Year Built

Built in 2025 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2025
  • Year Built Description: Under Construction
  • County Name: Essex
  • Street Number Display: 116-118
  • Directions: Bergan and Shephard
  • I D: 5359410
  • Modified: 2025-05-20
  • Number Images: 7
  • Attribution Contact: 973-817-7700
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Intercom, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
  • Total Number Rooms: 13
  • Bedrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1

Exterior Features

  • Exterior Description: Brick, Composition Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Condo/Co-op/Association

  • Home Warranty: Yes

Lot Info

  • Lot Size: 38.10X100
  • Assessed Land Value: 29300
  • Assessment: 29300
  • Easement: Unknown
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 1114
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03664-0000-00009-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $949,000 -- $209 / Sq Ft
Source: Garden State MLS

Similar Homes in Newark, NJ

  • 458-460 Leslie St, Newark, NJ 07112

    $827,000

    • 8 Beds
    • 4 Baths
    • 458-460 Leslie St
    • Newark, NJ

    Well-maintained brick 4-family property offering four bright and airy 2-bedroom, 1-bath apartments; each approximately 1000 sq ft. All units feature front and rear access, providing added convenience and flexibility. Situated on a quiet block, this home includes a full unfinished basement with separate utilities, a private driveway, a 3-car garage, and a spacious rear parking area. Located in the

    Tamayo Oppenheimer SILVER AND OAK REALTY

    Section Image
  • 32 Garibaldi Ave Unit 3, Newark, NJ 07114

    $1,100,000

    • 8 Beds
    • 5 Baths
    • 32 Garibaldi Ave
    • Unit 3
    • Newark, NJ

    Welcome!!!!! BRAND NEW HOME, a large, three-family home has everything you are looking for and sits on one of the large lots in the neighborhood. Conveniently located near all major public transportation and highways within a few blocks from Newark Liberty International Airport (EWR) Step inside and be greeted by an Open Floor Plan concept, spacious and Bright Living / Dining room, kitchen, three

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image
  • 32 Garibaldi Ave, Newark, NJ 07114

    $1,100,000

    • 8 Beds
    • 5 Baths
    • 32 Garibaldi Ave
    • Newark, NJ

    Welcome!!!!! BRAND NEW HOME, a large, three-family home has everything you are looking for and sits on one of the large lots in the neighborhood. Conveniently located near all major public transportation and highways within a few blocks from Newark Liberty International Airport (EWR) Step inside and be greeted by an Open Floor Plan concept, spacious and Bright Living / Dining room, kitchen, three

    Augusto Verissimo Weichert Home City Realty

    Section Image
  • 143 Tichenor St, Newark, NJ 07105

    $769,900

    • 8 Beds
    • 5.5 Baths
    • 143 Tichenor St
    • Newark, NJ

    Welcome!!! TO THIS RARE INVESTMENT OPPORTUNITY!!! Money Maker! Well-maintained three-family home conveniently located in the sought-after Ironbound section. Everything is just steps from your door. local recreational parks, close to all major public transportation to NYC or Newark International Liberty Airport. It features a ground-level apartment kitchen, living room, two bedrooms, and a full

    Augusto Verissimo Weichert Home City Realty

    Section Image
  • 281 Morris Ave, Newark, NJ 07103

    $899,900

    • 8 Beds
    • 5 Baths
    • 281 Morris Ave
    • Newark, NJ

    Massive 3-Family Home on Oversized Lot " Prime Newark Location Near UMDNJ! Welcome to this exceptional investment opportunity just steps from UMDNJ in Newark! This massive 3-family property offers an unbeatable location, impressive square footage, and endless potential for both owner-occupants and savvy investors.Situated on an extra-large lot, this home boasts spacious units with high ceilings,

    Carlie Carreira EXP REALTY, LLC

    Section Image
  • 580 3rd St, Newark, NJ 07107

    $949,900

    • 8 Beds
    • 5 Baths
    • 580 3rd St
    • Newark, NJ

    Welcome!!!!! This is an amazing opportunity to own this well-maintained three-family home conveniently located in the North Ward in the upper Roseville neighborhood. Everything steps away from your door. Bloomfield Avenue shopping stores, Restaurants and within a half block from Branch Brook Park, and Bloomfield Avenue Light Rail station with an easy NYC commute, each apartment offers a kitchen,

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image
  • 136-138 Elwood Ave E, Newark, NJ 07104

    $850,000

    • 5 Beds
    • 4 Baths
    • 136-138 Elwood Ave E
    • Newark, NJ

    GREAT OPPORTUNITY TO OWN!!! A well-maintained, large two-family home conveniently located at the Corner of Elmwood and Summer and sits on one a large with two car garage Finished Attic and Basement Don't miss out on this opportunity to live in a vibrant and thriving community

    Augusto Verissimo Weichert Home City Realty

    Section Image
  • 136 Elwood Ave Unit 138, Newark, NJ 07104

    $850,000

    • 5 Beds
    • 4 Baths
    • 136 Elwood Ave
    • Unit 138
    • Newark, NJ

    GREAT OPPORTUNITY TO OWN!!! A well-maintained, large two-family home conveniently located at the Corner of Elmwood and Summer and sits on one a large with two car garage Finished Attic and Basement Don't miss out on this opportunity to live in a vibrant and thriving community

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image
  • 917 Bergen St Unit 2, Newark, NJ 07112

    $1,100,000

    • 7 Beds
    • 5 Baths
    • 917 Bergen St
    • Unit 2
    • Newark, NJ

    Brand new 2-family house to be built 2024 with 7 bedrooms, 5 full baths, laundry hookup, garage, tax abatement. Conventional loan considered.

    CHRISTOPHER C. AWOBUE FRONT STREET ESTATES & FINE HOMES

    Section Image

Source: Garden State MLS

MLS Number: 3964288

Garden State MLS