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Off market
  • $592,000

    194 Shepard Ave, East Orange, NJ 07018

    4beds
    2,176sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $592,000 Zestimate®
    $272/sqft
    $2,186 Estimated rent

    Home value

    $592,000

    $556,000 - $628,000

    $2,186/mo

    Zestimate® history
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    Owner options

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    $2,186/mo

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    $2,186/mo

    Rent Zestimate®

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    $4,168/mo

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    $4,168/mo

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    What's special

    Great Investment Property in desirable section of East Orange! For Investor Or First Time Home Hackers! Great CAP rate!! 2-family, owner occupy or rent all units. Have your tenants pay the mortgage! Virtual Tours available. Easily Add Another Bedroom on Each Floor. All New Electrical and Plumbing has been redone. Two (2) heating systems, two (2) water heaters. All Separate Utilities! 150 AMP Electricity. A dedicated electrical panel on basement! Excellent Location. Close to shopping and all public transportation. Renovated. New floors. Freshly painted. All kitchen appliances Cooktop Oven, Refrigerator included and Sold AS-IS. Move right in, needs nothing! Turnkey Investment Opportunity! MULTIPLE OFFERS RECEIVED: Showings through the end of Wednesday 3 23. Submit your offers by 5pm on Wednesday 3 23.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Electric, Gas
    Cooling
    • None
    Features
    • Basement: Yes
    Interior area
    • Total interior livable area: 2,176 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Exterior features: Brick
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 0500430000000033

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electric, Gas-Natural

    Community & HOA

    Location
    • Region: East Orange

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $291,200
    • Annual tax amount: $9,438

    Price history

    DateEventPrice
    5/17/2022Sold$450,000+12.8%$207/sqft
    Source: GSMLS #3768743 Report a problem
    4/5/2022Pending sale$399,000$183/sqft
    Source: Weichert Pro #22008605 Report a problem
    4/5/2022Contingent$399,000$183/sqft
    Source: NJMLS #22008605 Report a problem
    3/16/2022Listed for sale$399,000+14%$183/sqft
    Source: NJMLS #22008605 Report a problem
    12/4/2021Listing removed$349,900$161/sqft
    Source: NJMLS #20040404 Report a problem
    11/5/2021Contingent$349,900$161/sqft
    Source: NJMLS #20040404 Report a problem
    10/31/2021Price change$349,900+4.4%$161/sqft
    Source: New Jersey Multiple Listing Service, Inc #20040404 Report a problem
    6/9/2021Listed for sale$335,000+1.5%$154/sqft
    Source: New Jersey Multiple Listing Service, Inc #20040404 Report a problem
    1/26/2021Listing removed--
    Source: New Jersey Multiple Listing Service, Inc Report a problem
    9/25/2020Listed for sale$329,900+78.3%$152/sqft
    Source: MARANATHA REALTY, INC. #3667110 Report a problem
    9/9/2019Sold$185,000+8.8%$85/sqft
    Source: GSMLS #3570034 Report a problem
    7/22/2019Listed for sale$170,000$78/sqft
    Source: RE/MAX FIRST REALTY II #3570034 Report a problem
    7/13/2019Pending sale$170,000$78/sqft
    Source: RE/MAX FIRST REALTY II #3570034 Report a problem
    7/1/2019Listed for sale$170,000$78/sqft
    Source: RE/MAX FIRST REALTY II #3570034 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,438 +3.2%$291,200
    2024$9,147 +7.1%$291,200
    2023$8,544 $291,200
    2022$8,544 +1.3%$291,200 +88.8%
    2021$8,435 +4.4%$154,200
    2020$8,077 +4.4%$154,200
    2019$7,739 $154,200
    2018$7,739 +1.6%$154,200
    2017$7,619 +2.6%$154,200
    2016$7,426 +1.5%$154,200
    2015$7,318 +4%$154,200
    2014$7,034 -10.7%$154,200
    2013$7,879 +4.5%$154,200 -34.2%
    2012$7,541 +4.8%$234,400
    2011$7,195 +12.6%$234,400
    2010$6,391 +7.7%$234,400
    2009$5,936 +9.5%$234,400
    2008$5,422 +9.6%$234,400
    2007$4,947 $234,400 +1127.2%
    2006-- $19,100
    2005-- $19,100
    2004-- $19,100
    2003-- $19,100
    2002-- $19,100
    2001-- $19,100
    Find assessor info on the county website

    Neighborhood: 07018

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $592,000
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    Estimated market value
    $592,000