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$650,000
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Property Description
ENORMOUS & GORGEOUS 3,308 SQ. FT. brick structure multi-unit investment property with tons of parking and income potential! Located just 2 blocks from Elmwood Park Tennis & Hand Ball Courts! Commute to NYC in under 45 minutes! This home has many major upgrades such as central air & heat, electrical service upgrade to 200 amp, & finished basement. Tons of potential in attic & basement for bonus living spaces.
Full Property Details
Full Property Details for 241 Shepard Ave
General
- Price: $650,000
- Taxes: $12,545 (2023)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3938023
- Updated: 12/14/2024
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Metal Fence, Sidewalk
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: GPS: 241 Shepard Ave, East Orange, NJ
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 3,308
- Year Built: 1930
- Remodeled/Updated: 2020
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 40 x 149
- Driveway/Sidewalk: 1 Car Width, Driveway-Exclusive, Off-Street Parking
- Lot Description: Level Lot
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $308,100
- Land Assmt: $87,900
- Tax Amount: $12,545
- Tax Year: 2023
Disclosures and Reports
- Exclusions: 2nd Floor tenant's washer/dryer,
- Block: 473.01
- Lot Number: 7
Listed by Re/Max Select
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Schools
Schools serving 241 Shepard Ave
School District:East Orange School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 S Clinton St, East Orange, NJ 07018 | PK-8 | 0.3 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 1.6 mi | |
116 Hamilton St Bldg C, East Orange, NJ 07017 | 8-8 | 1.6 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 1.6 mi | |
344 Prospect St, East Orange, NJ 07017 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 241 Shepard Ave
Date
Details
Price
Change
Source
12/14/2024
Listed
$650,000
160%
MLS
10/08/2020
Sold
$250,000
—
Public Record
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 241 Shepard Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,508
1%
$396,000
—
2021
$11,348
—
$396,000
93%
2021
$11,348
4%
$204,800
—
2018
$10,922
3%
$204,800
—
2017
$10,617
2%
$204,800
—
2016
$10,451
3%
$204,800
—
2015
$10,195
-8%
$204,800
—
2019
$11,059
14%
$204,800
—
2013
$9,675
—
$204,800
—
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 241 Shepard Ave
241 Shepard Ave, East Orange, NJ 07018 (MLS# 3938023) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 241 Shepard Ave is currently listed for $650,000 and was received on December 13, 2024. Want to learn more about 241 Shepard Ave? Do you have questions about finding other Multi-Family real estate for sale in East Orange? You can browse all East Orange real estate or contact a Coldwell Banker agent to request more information.