NOT LISTED FOR SALE

120 Scheerer Ave Unit 2 Newark, NJ 07112

Weequahic Neighborhood

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

-- Bed
2 Baths
2,712 Sq Ft
$177/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 $478,872, approximately $176 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
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

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

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 $478,872, approximately $176 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.

Nearby Homes