NOT LISTED FOR SALE

199 Shephard Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $537,000 - $614,000

8 Beds
3 Baths
-- Sq Ft
3,498 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $418,000

Est. 40% increase in value since last sale

Current estimated payment $4,193/month

14 Days on Market

About This Home

As of December 2021

This recently updated 2 Family home would be ideal for an owner occupant or an investor! It is currently producing rental income and has additional living space on the 3rd floor. It features very spacious floor plans in each apartment with 3bdrms, large living and dining rooms with eat in kitchens and additional open den areas that can be used as an office. It is located steps away from Newark Beth Israel Medical Center, near public transportation with an easy commute to NYC and located less then 10 minutes to Newark Intl' Airport, Penn Station & Downtown Newark Amenities. Plenty of area shopping amenities nearby on Route 22 as well as access to major highways 1&9, I95, I78 & GSP. Unit 1 tenant is month to month. Unit 2 will be vacant at closing. Newer Boilers & Hot Water tanks!

Last Agent to Sell the Property

Jasan Thompson

Coldwell Banker, Caldwell Listed on: 10/01/2021

Coldwell Banker, Caldwell

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,227

Lot Details

  • 3,498 Sq Ft Lot
  • Lot Dimensions are 35 x 100

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00059 / 03665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,227

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-226-2577
  • MLS Status: Sold - Sold
  • Directions: Bergen Ave to Shephard Ave or Use GPS
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 35 x 100
  • Lot Size Sq Ft: 3498.0

Tax Info

  • Tax Annual Amount: 8227.0
  • Tax Block: 03665
  • Tax Lot: 00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Sigue Sydney and Sigue Jean Ronald
Bought by
199 Shepard Llc
Current Estimated Value
$584,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Outstanding Balance
$461,333
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$122,739

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 2, 2021
Sold by
Smith Tatiana
Bought by
Sigue Sydney and Sigue Jean Ronald
Seller's Agent
Jasan Thompson
Coldwell Banker, Caldwell
Buyer's Agent
Outside Agent
Outside Office
List Price
$409,900
Sold Price
$418,000
Premium/Discount to List
$8,100
1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$315,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2018
Closed on
Oct 3, 2018
Sold by
Falana Jacqueline
Bought by
Smith Tatiana
Seller's Agent
SHERIE HINNANT
ESSENTIAL REAL ESTATE
Buyer's Agent
TAMIKA LOWE
WEICHERT REALTORS
List Price
$270,000
Sold Price
$272,000
Premium/Discount to List
$2,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$267,073
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2003
Sold by
Melvin Margurite
Bought by
Falana Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.96%
Source: Public Records

Range of Values:

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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
199 Shepard Llc $535,000 None Listed On Document
Sigue Sydney $420,000 Prisock Natalie
Smith Tatiana $272,000 --
Smith Tatiana $272,000 Collegiate Title Corporation
Falana Jacqueline $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 199 Shepard Llc $610,000
Previous Owner Sigue Sydney $315,000
Previous Owner Smith Tatiana $271,835
Previous Owner Smith Tatiana $267,683
Previous Owner Smith Tatiana $267,073
Previous Owner Falana Jacqueline $185,000
Previous Owner Falana Jacqueline $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $418,000 +2.0% --
10/15/2021 10/15/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $409,900 +50.7% --
10/05/2018 10/05/18 Sold $272,000 +0.7% --
08/28/2018 08/28/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $270,000 -- --
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 $12,981 $348,200 $27,300 $320,900
2024 $12,981 $348,200 $27,300 $320,900
2022 $8,088 $216,500 $27,300 $189,200
2021 $8,084 $216,500 $27,300 $189,200
2020 $8,227 $216,500 $27,300 $189,200
2019 $8,143 $216,500 $27,300 $189,200
2018 $6,311 $170,900 $27,300 $143,600
2017 $6,084 $170,900 $27,300 $143,600
2016 $5,879 $170,900 $27,300 $143,600
2015 $5,655 $170,900 $27,300 $143,600
2014 $5,300 $170,900 $27,300 $143,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jasan Thompson

    Coldwell Banker, Caldwell

    Section Image

  • O

    Buyer's Agent in 2021

    Outside Agent

    Outside Office

  • S

    Seller's Agent in 2018

    SHERIE HINNANT

    ESSENTIAL REAL ESTATE

  • T

    Buyer's Agent in 2018

    TAMIKA LOWE

    WEICHERT REALTORS

See All Agents

Map

Source: New Jersey MLS

MLS Number: 21039709

New Jersey MLS

APN: 14-03665-0000-00059

New Jersey Essex County Newark 07112 Weequahic

199 Shephard Ave, Newark, NJ

This home is located at 199 Shephard Ave, Newark, NJ 07112 since 01 October 2021 and is currently estimated at $584,072. 199 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.

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

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