NOT LISTED FOR SALE

111 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $426,000 - $539,000

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold September 06, 2019

Last sale price $245,000

Est. 103% increase in value since last sale

Current estimated payment $3,158/month

79 Days on Market

About This Home

As of September 2019

This home is located at 111 Scheerer Ave, Newark, NJ 07112 since 25 March 2019 and is currently estimated at $496,636. This property was built in 1932. 111 Scheerer Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Paul E. Washington

COLDWELL BANKER REALTY Brokerage Phone: 973-994-4323 Listed on: 03/25/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

KIMBERLY TAYLOR

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Year Built: 1932
  • County Name: Essex
  • I D: 4875631
  • Attribution Contact: 973-994-4323
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Berger Mordechai
Bought by
111 Scheerer Avenue Equities Llc
Current Estimated Value
$496,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2023
Sold by
111 Scheerer Avenue Equities Llc
Bought by
Berger Mordechai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2023
Sold by
Essex County Sheriff
Bought by
111 Scheerer Avenue Equities Llc and Cardinal Fin'L Co Lp

Purchase Details

Closed on
Sep 21, 2017
Sold by
Bilal Fuquan
Bought by
Tfk Property Mgmt Llc

Purchase Details

Closed on
Jul 17, 2017
Sold by
Tkf Property Management Llc
Bought by
Bilal Fuquan

Purchase Details

Listed on
Oct 18, 2015
Closed on
Mar 4, 2016
Sold by
Thomas Donald R
Bought by
Tkf Property Management Llc
Seller's Agent
James Rembish
REO PREMIER PROPERTIES
Buyer's Agent
YORYKO FUKUSHIMA-RAMOS
REAL
List Price
$99,900
Sold Price
$85,300
Premium/Discount to List
-$14,600
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
111 Scheerer Avenue Equities Llc -- None Listed On Document
Berger Mordechai -- None Listed On Document
111 Scheerer Avenue Equities Llc $336,000 None Listed On Document
Tfk Property Mgmt Llc -- --
Bilal Fuquan -- None Available
Tkf Property Management Llc $85,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berger Mordechai $551,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2019 09/06/19 Sold $245,000 -7.5% --
06/12/2019 06/12/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $265,000 +210.7% --
03/15/2016 03/15/16 Sold $85,300 -14.6% -- View Prior Sale
03/11/2016 03/11/16 Pending -- -- --
10/18/2015 10/18/15 For Sale $99,900 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,737 $180,700 $24,900 $155,800
2024 $6,737 $180,700 $24,900 $155,800
Source: Public Records

Agents Affiliated with this Home

  • Paul E. Washington

    Seller's Agent in 2019

    Paul E. Washington

    COLDWELL BANKER REALTY

    (646) 344-9964

    2 in this area

    16 Total Sales

    Paul E. Washington
    Section Image

  • K

    Buyer's Agent in 2019

    KIMBERLY TAYLOR

    COLDWELL BANKER REALTY

  • James Rembish

    Seller's Agent in 2016

    James Rembish

    REO PREMIER PROPERTIES

    (908) 462-4802

    2 Total Sales

    James Rembish
    Section Image

  • Y

    Buyer's Agent in 2016

    YORYKO FUKUSHIMA-RAMOS

    REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3541765

Garden State MLS

APN: 14-03666-0000-00104

New Jersey Essex County Newark 07112 Weequahic

111 Scheerer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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