NOT LISTED FOR SALE

128 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $681,200 - $745,000

7 Beds
3 Baths
4,138 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 128 Scheerer Ave, Newark, NJ 07112 and is currently estimated at $716,550, approximately $173 per square foot. 128 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Rand Shanie
Bought by
Mbmr2 Llc
Current Estimated Value
$716,550

Purchase Details

Closed on
Jun 15, 2021
Sold by
110 Scheerer Associates Llc
Bought by
Rand Shanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2017
Sold by
Deutsche Bk Natl T Co Tr
Bought by
110 Scheerer Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2007
Sold by
Brown Alicia A
Bought by
Brown Alicia A and Brown Shon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Interest Rate
9.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Johnson Michael
Bought by
Brown Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2002
Sold by
Gaffney Daria
Bought by
Johnson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.13%

Purchase Details

Closed on
Mar 31, 1992
Sold by
Stevens James and Stevens Rosemary
Bought by
Stevens Rosemary
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
Mbmr2 Llc -- Regal Title
Rand Shanie $475,000 Regal Title Ins Agcy Inc
110 Scheerer Associates $95,000 --
Brown Alicia A -- Choice Title Agency Llc
Brown Alicia $275,000 --
Johnson Michael $135,000 --
Stevens Rosemary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rand Shanie $466,396
Previous Owner 110 Scheerer Associates $100
Previous Owner Brown Alicia A $301,750
Previous Owner Brown Alicia $220,000
Previous Owner Johnson Michael $128,250
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 $10,889 $292,100 $28,300 $263,800
2024 $10,889 $292,100 $28,300 $263,800
2023 $6,527 $292,100 $28,300 $263,800
2022 $6,527 $174,700 $28,300 $146,400
2021 $6,523 $174,700 $28,300 $146,400
2020 $6,639 $174,700 $28,300 $146,400
2019 $6,570 $174,700 $28,300 $146,400
2018 $6,452 $174,700 $28,300 $146,400
2017 $6,219 $174,700 $28,300 $146,400
2016 $6,010 $174,700 $28,300 $146,400
2015 $5,781 $174,700 $28,300 $146,400
2014 $5,417 $174,700 $28,300 $146,400
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

128 Scheerer Ave, Newark, NJ

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