Three-Family Income
180 Shephard Ave Newark, NJ 07112
For Sale
$650,000
Three-family residence with a full unfinished basement and separate utilities, sold as-is.
Days on Market77
Property Features for 180 Shephard Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1923
Listing Agency:
(908) 664-1500
Listed By:
CYNTHIA LUBIN
Source:
Elliman
Added: May 9
Changed: Jul 23
Last Checked: Jul 23 at 8:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CYNTHIA LUBIN
Investment Insights
Based on property information with market context.
This three-family income residence features 16 rooms across three units and includes a full unfinished basement. The property is sold as-is, and buyers are responsible for obtaining a Newark Certificate of Code Compliance and the DCA Green Card.
The layout includes separate utilities for the units, supporting individual tenant billing. The second-floor unit is currently tenant-occupied through October 2027, while two units can be delivered vacant, offering flexibility for an owner-occupant or rental re-tenanting.
Located in Newark’s Weequahic section, the home is described as having access to major transit routes, with Weequahic Park, Beth Israel Medical Center, and Newark Liberty International Airport noted as nearby.
The layout includes separate utilities for the units, supporting individual tenant billing. The second-floor unit is currently tenant-occupied through October 2027, while two units can be delivered vacant, offering flexibility for an owner-occupant or rental re-tenanting.
Located in Newark’s Weequahic section, the home is described as having access to major transit routes, with Weequahic Park, Beth Israel Medical Center, and Newark Liberty International Airport noted as nearby.
Key Highlights
- Three‑family residence built in 1923 with 16 total rooms
- Two units can be delivered vacant, offering flexibility to owner‑occupy while maintaining rental income
- Second‑floor tenant in place through October 2027
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-family residence with a full unfinished basement and separate utilities, sold as-is.
Where is this triplex located?
The property is located at 180 Shephard Ave Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three‑family residence built in 1923 with 16 total rooms; Two units can be delivered vacant, offering flexibility to owner‑occupy while maintaining rental income; Second‑floor tenant in place through October 2027
