180 Shephard Ave, Newark, NJ 07112
PENDING

180 Shephard Ave
Newark, NJ 07112

Weequahic
  • 8 Beds
  • 3 Baths

$650,000

Est. Mortgage $4,391/mo*
Get Pre-Qualified

$650,000

Est. Mortgage $4,391/mo*
Get Pre-Qualified
8 Beds
3 Baths

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Secure your position in one of Newark's strongest rental markets before the market catches up. This 16-room, 3-family in the high-demand Weequahic section offers immediate cash flow, two vacant units for an owner-occupant or savvy investor, and a clear path to $6,500-$7,000 per month in gross rental income through modest updates and future lease turnover. Two units can be delivered vacant, allowing an owner-occupant to live in one while renting the other at market rate from day one, or an investor to stabilize both at current market rents. The second-floor unit provides stable in-place income with a tenant secured through October 2027, with rent repositioning potential upon lease expiration. Mortgage assumption at a below-market rate may be available, subject to lender approval, a rare financing advantage in today's rate environment. The Lionsgate Studios Newark campus, now under development, signals the South Ward's trajectory. Buyers who move now are purchasing ahead of that momentum. Features include separate utilities, a full unfinished basement with expansion potential, and convenient access to Weequahic Park, Newark Beth Israel Medical Center, Newark Liberty International Airport, major highways, and public transportation. Property sold as-is. Buyer responsible for Newark Certificate of Code Compliance and NJ DCA Green Card requirements.

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
43 days ago

Home Details for 180 Shephard Ave

Active Status

MLS Status: Under Contract

Interior Features

Interior Details
Basement: Yes,UnfinishedNumber of Rooms: 16
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 3Number of Bathrooms (full): 3
Appliances & Utilities
Utilities: Natural Gas Connected, Cable AvailableAppliances: Range/Oven - Gas, Refrigerator, Gas Water HeaterRefrigerator
Heating & Cooling
Heating: Baseboard - Hotwater,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard Hotwater
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Gas-Natural
Levels, Entrance, & Accessibility
Stories: 3Levels: 3-Three Story

Exterior Features

Exterior Home Features
Roof: Asphalt Shingle
Parking & Garage
Open Parking Spaces: 4No CarportNo GarageNo Attached GarageParking Spaces: 4Parking: 1 Car Width,Driveway-Exclusive,Off Street,None
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 43

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl Siding
Property Information
Not Included in Sale: Personal ItemsParcel Number: 1614036640000000350000

Price & Status

Price
List Price: $650,000
Status Change & Dates
Possession Timing: 45-60 Days

Location

Direction & Address
City: Newark City
School Information
Elementary School: G CarverJr High / Middle School: G CarverHigh School: Weequahic

Agent Information

Listing Agent
Listing ID: 4024882

Community

Not Senior Community

Lot Information

Lot Area: 3920.4 sqft

Business

Expense
Tenant Pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Rental Terms, Policies & Fees

Owner Pays: Water, Owner Pays Water

Miscellaneous

BasementMls Number: 4024882Attribution Contact: 551-200-7590
Last check for updates: about 18 hours ago
Listing courtesy of Cynthia Lubin, (551) 200-7590
Compass New Jersey Llc
Source: GSMLS, MLS#4024882
Also Listed on GSMLS, NJMLS, NJMLS.

Market trends in Newark

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$16.67KMoM
Sale-to-List Price
101.7%
1.1%MoM
Price per sq ft
—
Available listings
241
1MoM

Price History for 180 Shephard Ave

DatePriceEventSource
05/22/2026$650,000PendingGSMLS #4024882
05/02/2026$650,000Listed For SaleGSMLS #4024882
01/17/2013$315,000Sold
N/A
09/16/2011$66,000Sold
N/A
12/27/2007$250,000Sold
N/A
04/28/2006$255,000Sold
N/A

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 180 Shephard Ave

Skip to last item
Skip to first item

Property Tax and Assessment

Year2025
Tax$6,934
Assessment$173,400
Home facts updated by county records

Comparable Sales for 180 Shephard Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
235-237 Lehigh Ave, Newark, NJ
0.17
Multi-Family Home
$460,000
03/31/26
9
5
19,998
24-26 Irving Avenue, Newark, NJ
0.27
Multi-Family Home
$650,000
05/11/26
5
2
1,768

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 180 Shephard Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Weequahic
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Weequahic

At least 378 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 73 % Say car is needed

  • 71 % Say it's dog friendly

  • 64 % Say it's walkable to grocery stores

  • 63 % Say yards are well-kept

  • 60 % Say streets are well-lit

  • 56 % Say parking is easy

  • 53 % Say there's holiday spirit

  • 52 % Say kids play outside

  • 47 % Say it's walkable to restaurants

  • 47 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 40 % Say they plan to stay for at least 5 years

  • 39 % Say there are community events

  • 31 % Say it's quiet

  • 28 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Kaseem Feaster
    "Maybe their dogs may get loose bite someone and get a lawsuit. Other than that I’m not a dog owner so i can’t speak for dog owners. Just assuming "
    0
    Flag
  • Yanique Leslie
    "Even though you see people walking their dogs, unfortunately they don’t clean up after them. Sad really. Also, not a friendly neighbourhood. Bunch of theft package wise. Always someone speeding. My car was hit twice by either a drunk driver or someone who stole a vehicle. Neighbours aren’t compassionate and loud but then wants to tell you to be quiet. "
    0
    Flag
  • Eleanor Taylor
    "There are a lot of working folk who live in this city with children holidays are special families shop n eat n mind they business "
    2
    Flag
  • Yanique Leslie
    "Not very safe in this neighbourhood. The hood will always have the good, the bad and the in between. Being from the Caribbean, I can truly saying this kind of hood isn’t worse than back home"
    9
    Flag
  • Wkescha Woodward
    "Very Accessable to All of nj transit routes, plenty of neighborhood eateries, Grocery stores& Merchandises."
    0
    Flag
  • CHRISTINE A LEBOEUF
    "I’ve been living here for three years. I wouldn’t move back to the city. It’s easy commute to work takes about 30 to 35 minutes to get there by NJ transportation "
    2
    Flag
  • Unique Bowens
    "I live in this area and from the residence to destinations traveled to the commute is fairly easy and convenient when you plan to leave on time with the scheduling of public transportation in the area when you learn it properly "
    1
    Flag
  • Najee Wehner
    "Great area to live in. The neighborhood is very welcoming and accepting of new residents. I have not had a bad experience so far while living here and do not foresee anything happening!"
    1
    Flag
  • Diamonda fann
    "We have Block party every year on our block and we throw fish fry to earn money and we look out for each other "
    0
    Flag
  • Marileicy Ortiz
    "There are sometimes block parties for kids. Other than that I don’t feel safe walking around the neighborhood "
    9
    Flag
  • Zanya411
    "We regularly have street fairs and festivals. Park activities also with street vendors,food trucks and neighborhood store participant attention."
    0
    Flag
  • Trulia User
    "Convenient, easy to get too. the bus stop sign need too be more visual at each stop coming from Newark Penn Station."
    4
    Flag
  • Jeroboam Bozeman
    "I work in the city. My commute is quick when there isn’t any traffic. It’s about 30 minutes. I like my neighborhood "
    1
    Flag
  • Trulia User
    "Every summer there are community block parties and there is a crisis and carnival that happens at Weequahic park. There is a bit of crime but nothing as bad as the worst part of Newark. The people are mostly friendly and the culture here is rich"
    5
    Flag
  • Trulia User
    "It’s convenient living right next to the 107 to New York it’s easy access to New York City. It take about 45 minutes to get there "
    0
    Flag
  • Trulia User
    "You have neighbors Add purchase vehicle and use the street as a car lot. Unless what they do, internet pick up accidental. You have some neighbors that blast amusement. For morning tonight, set a vice versa. I would not raise my kids when it's area personally. I'm trying to get out myself. It's a I'm not pushed as home and it's area at all."
    2
    Flag
  • Trulia User
    "block parties, community centers, neighbors look out for each other. the women children and elderly are well protected and safe. business owners contribute to the people in the community"
    0
    Flag
  • Trulia User
    "This is a terrible area. The streets and sidewalks are filthy. People don't clean up after their dogs. There are a lot of shootings, and when the police are called, they arrive 3 to 5 hours later. In addition, the neighbors play their music extremely loud with no consideration for others. The building is full of roaches and rats."
    4
    Flag
  • Trulia User
    "my neighbor hood has access to everything. stores, transportation and weequahic park. But there is an unsavory element present."
    1
    Flag
  • Trulia User
    "Walking distance to the bus stop. You only need to take one bus from my location to get downtown. "
    0
    Flag
  • Trulia User
    "The trees an the neighborhood is quiet it’s near Weequahic park i can walk to the store an kids can play outside "
    16
    Flag
  • Trulia User
    "This is not an unique neighborhood at all. I wouldn't recommend it. Especially this living situation. Don't be too desperate to live in area or home!""
    22
    Flag
  • Trulia User
    "I love it here and super safe kids to play outside, nice people who are very respectful and responsible. "
    0
    Flag
  • Trulia User
    "So very different from where I’m moving from the commute to work is close and and just want a different environment to live in it looks very much peaceful ."
    8
    Flag
  • Trulia User
    "I moved to this area on July 2021 and is very nice and quiet. I feel safe here! I have Weequahic park very close."
    1
    Flag
  • Domonique M.
    "I’ve lived in this area for years, once upon a time it was a safe place. It’s been alot of cars getting stolen and shootings in the area. "
    10
    Flag
  • Trulia User
    "Plenty of space to walk their dogs. There are neighbors with dogs as well. Lots of play dates with other doggies!!!"
    0
    Flag
  • Trulia User
    "Unfriendly people and untrained off lead pets. No pet parks or proper supermarket to purchase healthy pet food."
    0
    Flag
  • Trulia User
    "Dog owners can walk their dogs in this neighborhood safely in mornings. Most dogs I see out walking are small to medium dogs "
    0
    Flag
  • Trulia User
    "The streets are not well lit and there are some reckless driving incidents during the day hours. Most dogs are walked on a leash. "
    0
    Flag
  • Trulia User
    "I have seen some community events recently. There was a Family and Friends community day every weekend last month. The universal soul circus was here not too long ago. In this area I live in within Newark is TRYING but it’s still so much work to do. It’s a lot of crime too"
    0
    Flag
  • Trulia User
    "public golf club, we have a bog park for soccer. tennis track for athletic activities road a big and safe to ride on "
    0
    Flag
  • Trulia User
    "People walking dogs and friendly neighbors. Everyone is polite and seems that everyone knows everyone. "
    0
    Flag
  • Trulia User
    "people dont pick up after their dog waste. streets are very busy, loud, and there's a lot of littering on the sidewalks, nearby parks, and buildings "
    0
    Flag
  • Trulia User
    "I’ve Lived in this neighborhood for 28 years. It was really a great neighborhood to live in years ago but sadly it’s changing now. But it still can be a great place to live."
    4
    Flag
  • Bernadette V. D.
    "the area is fairly ok Police & Fire,highways food stores and groceries are close by transportation is great and close by great amount of businesses are in this area."
    13
    Flag
  • undefined
    "Moved here from Brooklyn last yr, in search of affordable rent options. We found plenty, Weequahic is one of the nicer areas of Newark (not too many) but my block is quiet, great parking and 35min express bus to midtown Manhattan around the corner."
    96
    Flag
  • Andrea W.
    "Besides living between two fire departments where the fire trucks are likely to be heard almost daily, the area is actually quite quiet."
    9
    Flag
  • Angelafosterwilliams
    "That their children are safe. Keep the streets clean and stop the killings in the neighborhood. Keeping the houses in good condition and not let garbage build up around their property."
    3
    Flag
  • Nilsonsierrabaez01
    "This st is no safe to walk and live I will move from here because this is no safe place to live with children in this area base in my time living in this area I don’t recommend to a family with children vey dangerous place"
    11
    Flag

LGBTQ Local Legal Protections

Cynthia Lubin, Compass New Jersey Llc
Agent Phone: (551) 200-7590
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
180 Shephard Ave, Newark, NJ 07112 is a 8 bedroom, 3 bathroom multi-family built in 1923. 180 Shephard Ave is located in Weequahic, Newark. This property is currently available for sale and was listed by GSMLS on May 2, 2026. The MLS # for this home is MLS# 4024882.