NOT LISTED FOR SALE

112 Scheerer Ave Unit 114 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $575,000 - $757,000

8 Beds
3 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $585,000

Est. 15% increase in value since last sale

Current estimated payment $4,760/month

38 Days on Market

Highlights

  • Views to the East
  • Detached Garage
  • Zoned Heating and Cooling
  • Property is near a park
  • Stairway
  • Rectangular Lot

About This Home

As of November 2021

Don't miss this GREAT, SOLID INVESTMENT PROPERTY!
Fully renovated and very modern home, great for first time home buyers and investors! Excellent income property! Own with peace-of-mind for years to come! Full basement with plenty of place to grow. The garage, more of a small warehouse really, is huge and perfect for so many professional uses! This one deserves your attention! This is the one you have been looking for, for so long! Incomparable driveway, fit 10+ cars!

Last Listed By

Karla TejenaCevallos

Exit Golden Realty Group, LLC Listed on: 06/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,319

Year Built

  • 1910

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Parking

  • Detached Garage

Property Views

  • Views to the East
  • Views to the North

Home Design

  • Stone Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Stairway

Listing and Financial Details

  • Assessor Parcel Number 071403665 00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,319

Year Built

1910

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
  • Views/Exposure: East, North
  • Year Built (Public Record): Renovated, 2020's
  • Miscellaneous: Hdwd As In, Strms/Scrns
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 11
  • Fireplace: None
  • Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Full, Fulluse, Grd Lv Acces, Unfinished
  • Basement: Unfinished
  • Laundry: Hook Ups
  • Items Included: Stove/Fridge/DishWasher

Exterior Features

  • Waterfront: None
  • Exterior Finish: Stone Faced, Vinyl

Garage/Parking

  • Garage: Detached, Park Space

Utilities

  • Heating: Gas, Hot Air, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Central Air, Multi-Zone

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00010
  • Estimated Lot Sq Ft: 5001
  • Lot Description: Regular

Tax Info

  • Tax: 6319
  • Assessor Parcel Number: 071403665 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Nov 4, 2021
Sold by
Hernandez Nataly
Bought by
Senat Anel and Senatdor Marie L
Seller's Agent
Karla TejenaCevallos
Exit Golden Realty Group, LLC
Buyer's Agent
Glehindy Duverge
Century 21 Calabrese Realty
List Price
$550,000
Sold Price
$585,000
Premium/Discount to List
$35,000
6.36%
Total Days on Market
38
Current Estimated Value
$671,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,420
Avg. Annual Appreciation
4.03%
Original Mortgage
$574,404
Outstanding Balance
$531,968
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$139,452

Purchase Details

Closed on
Apr 17, 2014
Sold by
Goins Derry
Bought by
Hernandez Nataly

Purchase Details

Closed on
Jan 15, 1999
Sold by
Woodard Cleveland
Bought by
Goins Derry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,822
Interest Rate
6.7%
Mortgage Type
FHA

Range of Values:

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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
Senat Anel $585,000 Title Experts Llc
Hernandez Nataly -- None Available
Goins Derry $84,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senat Anel $574,404
Previous Owner Goins Derry $230,000
Previous Owner Goins Derry $82,822
Closed Hernandez Nataly --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $585,000 +6.4% --
07/23/2021 07/23/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $550,000 -- --
Source: New Jersey 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
2024 $12,452 $334,000 $30,600 $303,400
2022 $6,213 $166,300 $30,600 $135,700
2021 $6,210 $166,300 $30,600 $135,700
2020 $6,319 $166,300 $30,600 $135,700
2019 $6,255 $166,300 $30,600 $135,700
2018 $6,141 $166,300 $30,600 $135,700
2017 $5,920 $166,300 $30,600 $135,700
2016 $5,721 $166,300 $30,600 $135,700
2015 $5,503 $166,300 $30,600 $135,700
2014 $5,157 $166,300 $30,600 $135,700
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 21024108

New Jersey MLS

APN: 14-03665-0000-00010