This home is located at 120 Scheerer Ave Unit 122, Newark, NJ 07112 and is currently priced at $245,000. 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 ESTATEBrokerage Phone: 201-868-3100Listed on: 07/04/2016
Last Buyer's Agent
DAVIELIER TURNER
PINNACLE REAL ESTATEBrokerage Phone: 201-868-3100Listed 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
DateNameOwned ForOwner Type
Dec 2021 - PresentFrieder Shloima3 Years and 8 Months
Private Individual
Purchase Details
Closed on
Dec 28, 2021
Sold by
120 Scheerer Ave Associates Llc
Bought by
Frieder Shloima
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
$318,500
Outstanding Balance
$293,911
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$184,961
Feb 2021 - Dec 2021120 Scheerer Ave Associates Llc10 Months
Company
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
Jun 2017 - Feb 2021Haddley Zola L and Massey Kizzy J3 Years and 8 Months
Private Individual
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
8.58%
Original Mortgage
$240,562
Interest Rate
4.02%
Mortgage Type
FHA
Aug 2012 - Jun 2017120 Scheerer Llc4 Years and 10 Months
Company
Purchase Details
Closed on
Aug 7, 2012
Sold by
Phinn Andy and Phinn Stanley
Bought by
120 Scheerer Llc
Feb 2006 - Aug 2012Phinn Andy and Phinn Stanley6 Years and 6 Months
Private Individual
Purchase Details
Closed on
Feb 28, 2006
Sold by
Harding George
Bought by
Phinn Andy and Phinn Stanley
Dec 1992 - Feb 2006Garding George and Garding Roxie A13 Years and 2 Months
Calling all Investors! Welcome to the opportunity to build the multifamily home of your dreams! This property is beautifully located in the North Ward of Newark. Easy access to transportation, schools, and houses of worship. Buyers do your due diligence. Drive by appointments ONLY. Please note any cars parked in the driveway are NOT included as part of the sale. Submit your offer today!! Highest
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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
Type
Sale Price
Title Company
Bargain Sale Deed
--
First American Title
Deed
$239,000
Stewart Title
Deed
$245,000
Belmont Title And Settlement
Bargain Sale Deed
$76,000
Old Republic National Title
Deed
$210,000
--
Deed
$95,000
--
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$318,500
New Conventional
Previous Owner
$60,000
New Conventional
Previous Owner
$60,000
Unknown
Previous Owner
$273,000
Construction
Previous Owner
$240,562
FHA
Previous Owner
$240,000
Unknown
Previous Owner
$29,950
Unknown
Previous Owner
$7,887
Unknown
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
06/16/201706/16/17
Sold
$245,000
-2.0%
--
07/11/201607/11/16
Pending
--
--
--
07/04/201607/04/16
For Sale
$250,000
--
--
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 120 Scheerer Ave Unit 122, Newark, NJ 07112 and is currently priced at $245,000. 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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