Spacious Three-Family Property with
For Sale
$810,000
198-200 Shephard Avenue, Newark, NJ 07112
Three full-floor units plus finished basement, ideal for investors.
Property SizeContact for details
Days on Market387
Property Features for 198-200 Shephard Avenue
General Information
Standard status
Active
Property subtype
Multi-Family
Amenities
Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Listing Agency:
Keller Williams Park Views
Listed By:
Eyal Levy · License #1540641
(201) 640-0487
Source:
Kw
Added: Aug 19, 2025
Changed: Sep 7
Last Checked: Sep 8 at 10:45AM
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 Keller Williams Park Views
Investment Insights
Based on property information with market context.
This property features three full-floor units and a finished basement. The first and second floor units each include 4 bedrooms, 1 bathroom, an eat-in kitchen, and a living room. The third floor unit offers 2 bedrooms, 1 bathroom, an eat-in kitchen, and a living space. The property also includes a long private driveway and a generous backyard. It is located close to major transportation, schools, and shopping.
Key Highlights
- Three full‑floor units plus a finished basement offer significant rental income potential.
- First and second‑floor units each feature 4 spacious bedrooms.
- Generous backyard and long private driveway enhance the property's appeal.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,713
Businesses Nearby
Explore this area
Business Placement
Demographics for 07112, NJ
29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three full-floor units plus finished basement, ideal for investors.
Where is this triplex located?
The property is located at 198-200 Shephard Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: Three full‑floor units plus a finished basement offer significant rental income potential.; First and second‑floor units each feature 4 spacious bedrooms.; Generous backyard and long private driveway enhance the property's appeal.
