by RH Advisors

See Home Value
Newburgh 12550
56 Shipp Street
$150,000
● House - Off Market

56 Shipp Street

Newburgh (City), NY 12550
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$1,534
Est. Monthly

About This Property

Investor Special | Double Lot | Endless Potential - 56 Shipp St, Newburgh, NY 12550

Here's your opportunity to transform a diamond in the rough into something truly special. Set on an oversized double lot spanning 0.32 acres, this vintage 1920 single-family home on a quiet, private street in Newburgh is ready for the visionary buyer willing to roll up their sleeves and bring it back to life.

The property features 2 bedrooms, 1 bath, 7 rooms total, and a 1–2 car garage - all sitting on a large, level yard that offers tremendous outdoor space, room to expand, or potential for additional improvements. The generous lot size alone sets this property apart in today's market.

Location checks every box: convenient to schools, shopping, and public transportation, yet tucked away on a tranquil street that offers the privacy and quiet that buyers crave. Whether you're a seasoned flipper, a buy-and-hold investor, or a homeowner looking to build equity through sweat equity, the bones are here.

Property Highlights:

Double lot | 0.32 acres | Large level yard

7-room layout | 2 bed / 1 bath | 1–2 car garage

Built 1920 - full of old-world character and charm

Quiet, private street

Close to schools, shopping & public transportation

Priced to reflect AS-IS condition

The Bottom Line: The home does need work to be restored to its full glory - but the opportunity, the lot, and the location make this a deal worth a serious look. Bring your contractor and your vision.

Sold AS-IS. Cash or renovation financing preferred. Do not miss this one.
Unit Size
864 Ft²
Days on Market
117 days
Land Size
0.32 acres
Price per sqft
$207
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1920

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Last updated: 3 months ago (OneKey MLS #KEY986049)

Price History

Date / Event Date Event Price
Aug 10, 2026 Sold
Sold
May 23, 2026 In contract -
In contract
Apr 15, 2026 Listed by HomeSmart Homes & Estates $179,000
Listed by HomeSmart Homes & Estates

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,833
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 870
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 000200

Zoning

  • Zoning: RL

Geography

  • Account Number: 274750
  • District: 331100
  • Section: 14.00
  • Parcel: 331100 14-2-29
  • Block: 2
  • Lot: 29.000
  • Municipality: NEWBURGH
  • Latitude: 41.5081
  • Longitude: -74.036

    Address

  • Full Address: 56 Shipp St
  • Address - House Number: 56
  • Address - Street Name: Shipp
  • Address - Suffix Type: St
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C007
  • 4-Digit Zip Code: 4136
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576,564
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 244,054
  • High Value: 302,773
  • Low Value: 185,335

    Market Valuation

  • Market Total Value: $227,000
  • Market Land Value: $64,800
  • Market Improvement Value: $162,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,000
  • Assessed Land Value: $64,800
  • Assessed Improvements Value: $162,200

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newburgh


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Frequently Asked Questions

When was property at 56 Shipp Street built and last sold?
The property at 56 Shipp Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 56 Shipp Street is $0.
What are some comparable homes to 56 Shipp Street?
There are currently no comparable homes to 56 Shipp Street.

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