241 Shepard Avenue

241 Shepard Avenue has been categorized by the local assessors in East Orange, NJ as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The building has a total of 2 stories. In addition, 241 Shepard Avenue has 3,308 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,490 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,959 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 241 Shepard Avenue sold most recently in Oct 8, 2020 for a total of $250,000. If you work out the math, that's approximately a cost of $75.57 per sqft. Before that, the property was also sold for $142,900 in Aug 17, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,508 in taxes each year. 241 Shepard Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $396,000. If we break it down further, the land itself was valued at $87,900. Improvements to the property, however, were assessed at a total of $308,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.