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$599,000
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Property Description
Spacious 2- unit home with great potential, located in the historic weequachic section of Newark. First Floor: Bright and airy with beautiful hardwood floors, large living/dining area, 2 bedrooms, 1 bath. Second Floor: 4 bedrooms, 1 bath.Basement: Full, unfinished, with ample storage or customization potential. This home just minutes from Newark Penn Station, schools, places of worship, highways, and shops.Ideal for homeowners or investors. A must-see!
Full Property Details
Full Property Details for 148 Shephard Ave
General
- Price: $599,000
- Taxes: $6,510 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4003410
- Updated: 1/7/2026
- Added to Site: 8 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Carbon Monoxide Detector, Smoke Detector, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: GPS to Shephard Avenue
Heating & Cooling
- Cooling Type: No Cooling, See Remarks
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1930
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 35 x 100
- Driveway/Sidewalk: Driveway-Exclusive
Financial Considerations
- Assessment Amount: $142,400
- Land Assmt: $28,800
- Tax Amount: $6,510
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Owner and Tenant's Belongings
- Block: 3664
- Lot Number: 21
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 148 Shephard Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.3 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.4 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.7 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.6 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.9 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 148 Shephard Ave
Date
Details
Price
Change
Source
1/07/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 148 Shephard Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,511
2%
$171,200
—
2022
$6,396
—
$171,200
—
2021
$6,391
33%
$171,200
—
2021
$4,818
-24%
$171,200
—
2018
$6,322
-2%
$171,200
—
2019
$6,439
6%
$171,200
—
2017
$6,095
3%
$171,200
—
2016
$5,889
4%
$171,200
—
2015
$5,665
12%
$171,200
—
2013
$5,056
—
$171,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 148 Shephard Ave
148 Shephard Ave, Newark, NJ 07112 (MLS# 4003410) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 148 Shephard Ave is currently listed for $599,000 and was received on January 07, 2026. Want to learn more about 148 Shephard Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

