NOT LISTED FOR SALE

116-118 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $517,000 - $884,000

Studio
-- Bath
-- Sq Ft
62 Sq Ft Lot

Sale Details

Date Sold: June 26, 2013

Last sale price $68,000

Est. 857% increase in value since last sale

Current estimated payment $4,106 / mo

About This Home

As of June 2013

This home is located at 116-118 Scheerer Ave, Newark, NJ 07112 since 26 June 2013 and is currently estimated at $650,719. This property was built in 1912. 116-118 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

CYNTHIA M. BIANCHI

FEDERATED HOMES REALTY, INC. Brokerage Phone: 973-678-4688 Listed on: 06/26/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 62 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

62 Sq Ft Lot

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • I D: 4327004
  • Attribution Contact: 973-678-4688
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 62.6X100
  • Total Acres: 0.14

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2026
Sold by
Bought by
Current Estimated Value
$650,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
0.0646%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
0.026%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
0.034%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
0.034%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
0.0475%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jun 25, 2013
Sold by
Bought by
Seller's Agent
CYNTHIA M. BIANCHI
FEDERATED HOMES REALTY, INC.
Sold Price
$68,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.89%

Purchase Details

Closed on
Oct 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,335
Interest Rate
0.0628%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 1991
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 Vertex Title
-- Cross Bridge Title
$280,500 Riverside Abstract Llc
-- Old Republic Natl Ttl Ins Co
-- None Available
$68,000 --
$100 --
$340,000 --
$135,000 --
$87,501 --
$133,000 --
$133,000 --
$120,000 --
$35,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $640,000
Previous Owner $262,839
Closed $307,500
Previous Owner $294,500
Previous Owner $274,928
Previous Owner $337,335
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2013 06/26/13 Sold $68,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,718 $168,000 $32,300 $135,700
2025 $6,718 $168,000 $32,300 $135,700
2024 $6,263 $168,000 $32,300 $135,700
2022 $6,276 $168,000 $32,300 $135,700
2021 $6,273 $168,000 $32,300 $135,700
2020 $6,384 $168,000 $32,300 $135,700
2019 $6,318 $168,000 $32,300 $135,700
2018 $6,204 $168,000 $32,300 $135,700
2017 $5,981 $168,000 $32,300 $135,700
2016 $5,779 $168,000 $32,300 $135,700
2015 $5,559 $168,000 $32,300 $135,700
2014 $5,210 $168,000 $32,300 $135,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    CYNTHIA M. BIANCHI

    FEDERATED HOMES REALTY, INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3033254

Garden State MLS

APN: 14-03665-0000-00012

New Jersey Essex County Newark 07112 Weequahic

116-118 Scheerer Ave, Newark, NJ

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