NOT LISTED FOR SALE

171 Shephard Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $689,000 - $815,000

3 Beds
2 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $745,000

Est. 5% increase in value since last sale

Current estimated payment $4,341/month

About This Home

As of February 2024

Do not miss your opportunity to view this newly constructed 3 bedroom, 2 baths in the heart of Newark. This unit is positioned on the 2nd floor, conveniently close to public transportation and highways. Seize the opportunity to experience this exception residence firsthand, schedule a showing today! Don't miss out on the chance to make this home yours. Act now before it's too late. 1 parking spot for $75 additional monthly

Last Agent to Rent the Property

Valeria Martinez

Prominent Properties Sotheby's International Realty-Edgewater Listed on: 12/28/2023

Prominent Properties Sotheby's International Realty-Edgewater

Last Renter's Agent

Valeria Martinez

Prominent Properties Sotheby's International Realty-Edgewater Listed on: 12/28/2023

Prominent Properties Sotheby's International Realty-Edgewater

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,085

Year Built

  • 2023

Lot Details

  • 3,746

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,085

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: Gas Dryer Hookup, In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/El, Refrigerator
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 809-9923
  • MLS Status: Leased - Leased
  • Directions: Between Osborne Terrace and Bergen Street
  • Reso Fireplace Features: None
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2023

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Transaction Broker

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Heating: Other Fuel Source/See Rmk

Lot Info

  • Lot: 00072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Oct 23, 2023
Sold by
A Brick At A Time Llc
Bought by
Ismail Mariam A and Adebayo Oluwole E
Seller's Agent
AYESHA OCTALIEN
EXP REALTY, LLC
Buyer's Agent
Zulakha Mohammed
RE/MAX FIRST REALTY II
List Price
$724,999
Sold Price
$745,000
Premium/Discount to List
$20,001
2.76%
Views
20
Current Estimated Value
$780,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,201
Avg. Annual Appreciation
7.51%
Original Mortgage
$731,506
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2021
Sold by
City Of Newark
Bought by
A Brick At A Time Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ismail Mariam A $745,000 First American Title
A Brick At A Time Llc $22,560 Afrm Title And Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ismail Mariam A $731,506
Previous Owner A Brick At A Time Llc $1,500,000
Previous Owner Madi Peymon $299,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Rented $2,650 -5.4% --
01/07/2024 01/07/24 Under Contract -- -- --
12/28/2023 12/28/23 For Rent $2,800 0.0% --
11/17/2023 11/17/23 Sold $745,000 +2.8% --
07/30/2023 07/30/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $724,999 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,085 $433,200 $29,100 $404,100
2024 $1,085 $433,200 $29,100 $404,100
2022 $1,087 $29,100 $29,100 $0
2021 $1,087 $29,100 $29,100 $0
2020 $0 $29,100 $29,100 $0
2019 $0 $29,100 $29,100 $0
2018 $0 $29,100 $29,100 $0
2017 $0 $29,100 $29,100 $0
2016 $0 $29,100 $29,100 $0
2015 -- $29,100 $29,100 $0
2014 -- $29,100 $29,100 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2024

    Valeria Martinez

    Prominent Properties Sotheby's International Realty-Edgewater

    (973) 885-3625

    2 Total Sales

    Valeria Martinez
    Section Image

  • A

    Seller's Agent in 2023

    AYESHA OCTALIEN

    EXP REALTY, LLC

  • Z

    Buyer's Agent in 2023

    Zulakha Mohammed

    RE/MAX

    (908) 374-9602

    6 in this area

    24 Total Sales

    Zulakha Mohammed
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23038207

New Jersey MLS

APN: 14-03665-0000-00072

New Jersey Essex County Newark 07112 Weequahic

171 Shephard Ave, Newark, NJ

This home is located at 171 Shephard Ave, Newark, NJ 07112 since 28 December 2023 and is currently priced at $780,201. This property was built in 2023. 171 Shephard Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Hawthorne Avenue Elementary School, and Chancellor Avenue School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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