$925,000
NEW CONSTRUCTION

116-118 Shephard Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated payment $5,133/month

Total Views 18,580
6 Beds
4.5 Baths
4,550 Sq Ft
$203 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 August

Listing Agent

Patrick Dwyer

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 05/20/2025

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: 2025-07-21
  • Number Images: 19
  • 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

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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
07/10/2025 07/10/25 Price Changed $925,000 -2.5% $203 / Sq Ft
05/20/2025 05/20/25 For Sale $949,000 -- $209 / Sq Ft
Source: Garden State MLS

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Source: Garden State MLS

MLS Number: 3964288

Garden State MLS