Agent profile image in chat bubble
Agent profile image in chat header

Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

Agent profile image in message

I agree to receive automated marketing calls and texts (SMS/MMS) from Opulent Living | Keller Williams City Life, its affiliates and their agents. Msg & data rates may apply. Msg frequency varies. Reply STOP to cancel. Consent is not required for purchase. I also agree to the Terms of Use and Privacy Policy.

main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
main property photo 5
main property photo 6
main property photo 7
main property photo 8
main property photo 9
main property photo 10
main property photo 11
main property photo 12
main property photo 13
main property photo 14
main property photo 15
main property photo 16
main property photo 17
main property photo 18
main property photo 19
main property photo 20
main property photo 21
main property photo 22
View All (23)
property photo 1
property photo 2
property photo 3
180 Shephard Ave , Newark City, NJ 07112
$650,000
Est. Payment: $3,307.98/mo
8 Bed
3 Bath
0 Sqft
Status: pending | Days on site: 20
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

Agent profile image
Susan Maryanski
Operator
View agent profile
Email
Call

House 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.
Show more

Highlights

Listed by CYNTHIA LUBIN , HP COMPASS NEW JERSEY LLC , 973-310-7360. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1923

County

Essex

Listing ID

4024882

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Window A/C(s)
Fireplaces:
Basement:Unfinished
Other:Public Water

Exterior Features

Lot Dimensions:40X100
Roof:Asphalt Shingle
Others:Vinyl Siding,1 Car Width,Driveway-Exclusive,Off-Street Parking
Sewer:Public Sewer
Principal Interest
$3,308
Taxes
$578

Home Price

$650,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,307.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,307.98 $577.83 $0.00 $3,885.82
Yearly $39,695.82 $6,934.00 $0.00 $46,629.82
Total $1,190,874.59 $208,020.00 $0.00 $1,398,894.59

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Jul 2026

Average Price

All Price Ranges
N/A
Jul 2026

Average Days on Market

All Price Ranges
N/A
Jul 2026
Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS