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48 Shepard Ave, East Orange, NJ, 07018

5beds
1baths
1,656sqft
$325,000
$196price/sqft
$2,568/moest. monthly cost
$102,720/yrincome needed

About This Home

Opportunity awaits in this spacious five-bedroom, one-bath one family home situated on an impressive 29' x 200' lot. The property features a front driveway with parking for two vehicles, a full basement with two additional rooms, and an expansive backyard offering plenty of possibilities. Overall condition provides an opportunity for renovation and value enhancement. This property sits in the East Orange R2 zone, possibly allowing a 2 unit conversion pending city approval. Ideal for buyers looking to customize, renovate, or add to their real estate portfolio. Property is being sold in its current condition; buyers are responsible for completing their own due diligence regarding use, condition, permits, and approvals, CCO, C/O/Fire Certs. or anything else required by the township of East Orange for occupancy.

Getting Around

85
WalkingVery Walkable
59
TransitGood Transit
56
BikeBikeable

Schools

5/10
Ecole T Loverture SchoolGrades PK-50.1 mi
2/10
1/10

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range/Oven,Microwave,Refrigerator,See Remarks,Range

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Partially Finished, Bedroom, Other Room(s), Daylight, Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Living Dining Combo

Features

  • 1 Bedroom,Kitchen,Living Room,2 Bedrooms,Bath Full,None
  • Flooring: Carpet,Ceramic Tile,See Remarks

Heating & Cooling

  • Heating features: Baseboard Electric,Radiant,Central
  • Cooling features: Wall Unit(s),Window Unit(s),See Remarks

Interior Area

  • Total structure area: 1,656
  • Total interior livable area: 1,656 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 0500404000000023

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Patio

Lot

  • Lot size: 5,797 sqft
  • Features: See Remarks
  • Lot size dimensions: 200.00 x 0.00

Parking

  • Parking features: 2 Car Width
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$164$1,968
Property Taxes $568$6,816
Electricity $193$2,318
Total$2,568$30,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,045/yr
40% on housing$77,040/yr
45% on housing$68,480/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$196This listing

vs Other Active Listings

Avg $/sqft

ZIP 07018$273
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07018$306
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Contingent$325,000
2026-08-10Pending sale$325,000
2026-07-23Listed for sale$325,000

For Sale by Agent

AgentTORI WALLACE
BrokerageLIFESTYLE INTERNATIONAL REALTY

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