NOT LISTED FOR SALE

120 Scheerer Ave Unit 2 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $396,000 - $619,000

-- Bed
2 Baths
2,712 Sq Ft
$182/Sq Ft Est. Value

About This Home

This home is located at 120 Scheerer Ave Unit 2, Newark, NJ 07112 and is currently estimated at $493,225, approximately $181 per square foot. 120 Scheerer Ave Unit 2 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
120 Scheerer Ave Associates Llc
Bought by
Frieder Shloima
Current Estimated Value
$493,225

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
$295,715
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$174,153

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

Closed on
Jun 14, 2017
Sold by
120 Scheerer Llc
Bought by
Haddley Zola L and Massey Kizzy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
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 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

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 $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

Map

New Jersey Essex County Newark 07112 Weequahic

120 Scheerer Ave Unit 2, Newark, NJ

This home is located at 120 Scheerer Ave Unit 2, Newark, NJ 07112 and is currently estimated at $493,225, approximately $181 per square foot. 120 Scheerer Ave Unit 2 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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