new - 4 days on rocket

241 Shepard Ave, East Orange, NJ, 07018

$650,000

Home List Price

$7,719*

Closing Credit

5 Bedrooms
2 Full Baths
Multi

Location

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241 Shepard Ave, East Orange$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage2 spaces
MLS #24038966
StatusActive

About 241 Shepard Ave

ENORMOUS & GORGEOUS brick structure multi-unit investment property with tons of parking and income potential! 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.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX SELECT - Montclair
  • Office Phone: (973) 739-8008
  • Listing Agent: Michael Tejada

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $11,348
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in East Orange, NJ.

Med. Sold Price

$437K

Med. Price/SqFt

$152

Avg. Days On Market

46

# of Sold Homes

20

241 Shepard Ave vs East Orange

4 DAYS ON ROCKET

-42 Days

$650,000

+$213K More

KEY TAKEAWAY

This property is $213K more than the Median Sold Price in East Orange, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24038966

Listing Office:

  • Office Name: RE/MAX SELECT - Montclair
  • Office Phone: (973) 739-8008
  • Listing Agent: Michael Tejada

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 18, 2020Home Sold
$250,000
Sep 10, 2010Home Sold
$142,900
May 26, 2006Home Sold
$313,000
Jul 20, 2004Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,348$204,800
2019$10,921$204,800
2018$10,617$204,800
2017$10,617$204,800

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4328738
6
/10
  • Langston Hughes Elementary School

  • 160 Rhode Island Ave

  • 0.12 miles

  • Public District Grades PK-5

school-card-donut-4328739
2
/10
  • Benjamin Banneker Academy

  • 500 S Clinton St

  • 0.24 miles

  • Public District Grades PK-6

school-card-donut-4328740
2
/10
  • Ecole Toussaint Louverture

  • 330 Central Ave

  • 0.44 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,691. The most common annual income of people living in East Orange, NJ is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›East Orange›07018›241 Shepard Ave

This home is located at 241 Shepard Ave in East Orange, NJ and zip code 07018. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $650,000.

In November 2024 more than 14 listings in East Orange, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in East Orange, NJ increased by 8.4% between October 2024 and November 2024. In November 2024 median list price was $437,000 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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