NOT LISTED FOR SALE

121 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $403,000 - $452,000

3 Beds
1.5 Baths
1,486 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $350,000 $236 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,693/month

52 Days on Market

Highlights

  • Above Ground Pool
  • Property is near public transit
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops

About This Home

As of January 2023

Beautifully renovated colonial home in a super convenient neighborhood of Newark! Local to all transportation, commuting, shopping, entertainment, schools and universities! This gorgeous home has 3 bedrooms, a large living room, a spacious dining room, fully finished BONUS ROOM attic, brand new modern kitchen with stainless steel appliances and granite countertops, 1 new full bath, 1 new half bath, fabulously restored hardwood floors throughout, recessed lighting, newly painted exterior, BRAND NEW ROOF just 3 months old, huge front porch and plenty of natural light throughout! Don't miss your opportunity to own this amazing new home!! MOTIVATED SELLER!! Seller's concession considered. Special lower interest rate financing available! Please inquire for more information.

Last Agent to Sell the Property

MALIK WRIGHT

KELLER WILLIAMS ELITE REALTORS Listed on: 11/13/2022

Co-Listed By

KELLY MONTAGUE

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 1902

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 25.00
  • Fenced
  • Private Yard

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,486 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Above Ground Pool
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiant Heating System
  • Baseboard Heating
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,836

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 25.00
  • Co List Office Mls Id: KWEL
  • Ownership: Fee Simple,Sole Proprietorship
  • Subdivision Name: N/A
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1902
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Separate Dining Area
  • Appliances: Gas Range/Oven, Microwave, Refrigerator, Gas Water Heater
  • Has Basement: Full, Exterior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Kitchen, Living Room, Dining Room, 3 Bedrooms, Attic
  • Living Area: 1486
  • Stories: 3

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Pool Features: Above Ground
  • Exterior Features: Yard
  • Patio And Porch Features: Porch
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: See Remarks, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 2500

Tax Info

  • Tax Annual Amount: 4836
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2022
Closed on
Jan 4, 2023
Sold by
39 Egerton Realty Llc
Bought by
Clark Denise
Seller's Agent
MALIK WRIGHT
KELLER WILLIAMS ELITE REALTORS
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Views
81
Current Estimated Value
$432,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,418
Avg. Annual Appreciation
8.05%
Original Mortgage
$332,500
Outstanding Balance
$321,663
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$110,755

Purchase Details

Closed on
Mar 23, 2021
Sold by
121 Scheerer Ave Llc
Bought by
39 Egerton Realty Llc
Source: Public Records

Range of Values:

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Average Value
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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
Clark Denise $350,000 Foundation Title
39 Egerton Realty Llc $140,000 Regal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Denise $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $350,000 +0.3% $236 / Sq Ft
11/13/2022 11/13/22 For Sale $349,000 +249.0% $235 / Sq Ft
01/13/2020 01/13/20 Sold $100,000 -9.0% --
08/29/2019 08/29/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $109,900 -- --
Source: All Jersey 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 $4,817 $129,200 $26,300 $102,900
2024 $4,817 $129,200 $26,300 $102,900
2022 $4,827 $129,200 $26,300 $102,900
2021 $4,836 $129,500 $26,300 $103,200
2020 $4,921 $129,500 $26,300 $103,200
2019 $4,871 $129,500 $26,300 $103,200
2018 $4,782 $129,500 $26,300 $103,200
2017 $4,610 $129,500 $26,300 $103,200
2016 $4,455 $129,500 $26,300 $103,200
2015 $4,285 $129,500 $26,300 $103,200
2014 $4,016 $129,500 $26,300 $103,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MALIK WRIGHT

    KELLER WILLIAMS ELITE REALTORS

  • K

    Seller Co-Listing Agent in 2023

    KELLY MONTAGUE

    KELLER WILLIAMS ELITE REALTORS

    (848) 219-1516

    1 in this area

    4 Total Sales

    KELLY MONTAGUE
    Section Image

  • A

    Seller's Agent in 2020

    ANTHONY LITTERIO

    HOWARD HANNA RAND REALTY

  • D

    Seller Co-Listing Agent in 2020

    DOUGLAS C WROBEL

    HOWARD HANNA RAND REALTY

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2305824R

All Jersey MLS

APN: 14-03666-0000-00099

New Jersey Essex County Newark 07112 Weequahic

121 Scheerer Ave, Newark, NJ

This home is located at 121 Scheerer Ave, Newark, NJ 07112 since 13 November 2022 and is currently estimated at $432,418, approximately $290 per square foot. This property was built in 1902. 121 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.

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