111 Scheerer Ave Newark, NJ 07112
Weequahic NeighborhoodEstimated payment $3,393/month
About This Home
Exceptional Two-Family Property Featuring Three Separate Units, Welcome to this outstanding multi-unit residence offering exceptional space, versatility, and modern upgrades throughout. This beautifully maintained two-family home includes three fully equipped units, making it an excellent opportunity for both homeowners and investors. Unit 1 (Main Level):Features an inviting open-concept living area, three generously sized bedrooms, and one full bathroom, designed for comfortable everyday living. Unit 2:Offers three bedrooms and one full bathroom, providing ample space and functionality. Unit 3:Includes one bedroom and one full bathroom, ideal for additional rental income or extended living arrangements. Throughout the property, you'll find high-end finishes including sleek quartz countertops, stainless steel appliances, and abundant closet space. With modern upgrades and thoughtful design, this home is truly move-in ready.A rare opportunity that combines luxury, space, and income potential schedule your private showing today.
Listing Agent
KELLER WILLIAMS VALLEY REALTY Brokerage Phone: 201-391-2500 Listed on: 01/19/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,872
Year Built
- Built in 1932
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Underground Utilities
Additional Features
- Basement Fills Entire Space Under The House
- 2,614 Sq Ft Lot
Community Details
- 9,999 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1614-03666-0000-00104-0000-
Map
Home Values in the Area
Average Home Value in this Area
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 |
| 2022 | $6,751 | $180,700 | $24,900 | $155,800 |
| 2021 | $6,747 | $180,700 | $24,900 | $155,800 |
| 2020 | $6,867 | $180,700 | $24,900 | $155,800 |
| 2019 | $5,390 | $143,300 | $24,900 | $118,400 |
| 2018 | $5,292 | $143,300 | $24,900 | $118,400 |
| 2017 | $5,101 | $143,300 | $24,900 | $118,400 |
| 2016 | $4,930 | $143,300 | $24,900 | $118,400 |
| 2015 | $4,742 | $143,300 | $24,900 | $118,400 |
| 2014 | $4,444 | $143,300 | $24,900 | $118,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/26/2026 02/26/26 | Pending | -- | -- | -- | |
| 01/19/2026 01/19/26 | For Sale | $549,000 | +124.1% | $55 / Sq Ft | |
| 09/06/2019 09/06/19 | Sold | $245,000 | -7.5% | -- | View Prior Sale |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Sheriffs Deed | $336,000 | None Listed On Document | |
| Deed | $245,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | None Available | |
| Deed | $85,300 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $551,250 | New Conventional | |
| Previous Owner | $183,750 | Purchase Money Mortgage |
Source: Garden State MLS
MLS Number: 4005915
APN: 14-03666-0000-00104
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