NOT LISTED FOR SALE

120 Scheerer Ave Unit 122 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $453,000 - $513,487

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold June 16, 2017

Last sale price $245,000

Est. 95% increase in value since last sale

Current estimated payment $3,063/month

7 Days on Market

About This Home

As of June 2017

This home is located at 120 Scheerer Ave Unit 122, Newark, NJ 07112 since 04 July 2016 and is currently estimated at $478,872. This property was built in 1922. 120 Scheerer Ave Unit 122 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

DAVIELIER TURNER

PINNACLE REAL ESTATE Brokerage Phone: 201-868-3100 Listed on: 07/04/2016

Last Buyer's Agent

DAVIELIER TURNER

PINNACLE REAL ESTATE Brokerage Phone: 201-868-3100 Listed on: 07/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,405

Year Built

  • Built in 1922

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,405

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 120
  • I D: 4640537
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-868-3100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Frieder Shloima
Bought by
Mt Prospect Capital Llc
Current Estimated Value
$478,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$209,816
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$269,056

Purchase Details

Closed on
Dec 28, 2021
Sold by
120 Scheerer Ave Associates Llc
Bought by
Frieder Shloima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2021
Sold by
Haddley Zola L and Massey Kizzy J
Bought by
120 Scheerer Ave Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.7%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 4, 2016
Closed on
Jun 14, 2017
Sold by
120 Scheerer Llc
Bought by
Haddley Zola L and Massey Kizzy J
Seller's Agent
DAVIELIER TURNER
PINNACLE REAL ESTATE
Buyer's Agent
DAVIELIER TURNER
PINNACLE REAL ESTATE
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$240,562
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2012
Sold by
Phinn Andy and Phinn Stanley
Bought by
120 Scheerer Llc

Purchase Details

Closed on
Feb 28, 2006
Sold by
Harding George
Bought by
Phinn Andy and Phinn Stanley

Purchase Details

Closed on
Dec 17, 1992
Sold by
Sais Sally
Bought by
Garding George and Garding Roxie A
Source: Public Records

Range of Values:

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
Mt Prospect Capital Llc $300,654 Land Track Title
Frieder Shloima -- First American Title
120 Scheerer Ave Associates Llc $239,000 Stewart Title
Haddley Zola L $245,000 Belmont Title And Settlement
120 Scheerer Llc $76,000 Old Republic National Title
Phinn Andy $210,000 --
Garding George $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mt Prospect Capital Llc $210,000
Previous Owner Frieder Shloima $318,500
Previous Owner 120 Scheerer Ave Associates Llc $60,000
Previous Owner 120 Scheerer Avenue Associates Llc $60,000
Previous Owner 120 Scheerer Ave Associates Llc $273,000
Previous Owner Haddley Zola L $240,562
Previous Owner Phinn Andy D $240,000
Previous Owner Phinn Andy D $29,950
Previous Owner Harding George $7,887
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $245,000 -2.0% --
07/11/2016 07/11/16 Pending -- -- --
07/04/2016 07/04/16 For Sale $250,000 -- --
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 $6,405 $171,800 $29,100 $142,700
2024 $6,405 $171,800 $29,100 $142,700
2022 $6,418 $171,800 $29,100 $142,700
2021 $6,415 $171,800 $29,100 $142,700
2020 $6,528 $171,800 $29,100 $142,700
2019 $6,461 $171,800 $29,100 $142,700
2018 $5,122 $138,700 $29,100 $109,600
2017 $4,938 $138,700 $29,100 $109,600
2016 $4,771 $138,700 $29,100 $109,600
2015 $4,590 $138,700 $29,100 $109,600
2014 $4,301 $138,700 $29,100 $109,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    DAVIELIER TURNER

    PINNACLE REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3320179

Garden State MLS

APN: 14-03665-0000-00015

New Jersey Essex County Newark 07112 Weequahic

120 Scheerer Ave Unit 122, Newark, NJ

This home is located at 120 Scheerer Ave Unit 122, Newark, NJ 07112 since 04 July 2016 and is currently estimated at $478,872. This property was built in 1922. 120 Scheerer Ave Unit 122 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

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