NOT LISTED FOR SALE

134 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $747,000 - $794,000

-- Bed
-- Bath
-- Sq Ft
33 Sq Ft Lot

Last Sold March 14, 2022

Last sale price $590,000

Est. 30% increase in value since last sale

Current estimated payment $5,048/month

13 Days on Market

About This Home

As of March 2022

This home is located at 134 Scheerer Ave, Newark, NJ 07112 since 08 December 2021 and is currently estimated at $766,901. 134 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.

Last Agent to Sell the Property

April Nicole Blount

BHHS FOX & ROACH Brokerage Phone: 908-753-4450 Listed on: 12/08/2021

BHHS FOX & ROACH

Last Buyer's Agent

NAWAL FARIH

VILLAGE SQUARE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,411

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,411

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5118313
  • Attribution Contact: 908-753-4450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.4X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Mar 11, 2022
Sold by
Marichel Nieves
Bought by
134 Scheerer Ave Llc
Seller's Agent
April Nicole Blount
BHHS FOX & ROACH
Buyer's Agent
NAWAL FARIH
VILLAGE SQUARE REALTORS
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Current Estimated Value
$766,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,901
Avg. Annual Appreciation
7.51%
Original Mortgage
$385,000
Outstanding Balance
$359,429
Interest Rate
3.85%
Mortgage Type
Construction
Estimated Equity
$407,472

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jan 5, 2018
Sold by
Tritop Realty Llc
Bought by
Nieves Marichel
Seller's Agent
BLOSSOM VERNON
BHHS JORDAN BARIS REALTY
Buyer's Agent
April Nicole Blount
BHHS FOX & ROACH
List Price
$370,000
Sold Price
$340,000
Premium/Discount to List
-$30,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$327,126
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 25, 2016
Closed on
Feb 24, 2016
Sold by
Acloque Latanya and Suber Betty
Bought by
Tritop Realty Llc
Seller's Agent
BLOSSOM VERNON
BHHS JORDAN BARIS REALTY
Buyer's Agent
BLOSSOM VERNON
BHHS JORDAN BARIS REALTY
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
166.28%
Original Mortgage
$60,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
134 Scheerer Ave Llc $590,000 Titlemark
Nieves Marichel $340,000 --
Tritop Realty Llc -- None Available
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 134 Scheerer Ave Llc $385,000
Previous Owner Nieves Marichel $327,126
Previous Owner Tritop Realty Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2022 03/14/22 Sold $590,000 +2.6% --
12/21/2021 12/21/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $575,000 +69.1% --
01/05/2018 01/05/18 Sold $340,000 -8.1% -- View Prior Sale
08/21/2017 08/21/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $370,000 +572.7% --
02/25/2016 02/25/16 Sold $55,000 -- -- View Prior Sale
Source: Garden State 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 $12,411 $332,900 $28,300 $304,600
2024 $12,411 $332,900 $28,300 $304,600
2022 $7,786 $208,400 $28,300 $180,100
2021 $7,782 $208,400 $28,300 $180,100
2020 $7,919 $208,400 $28,300 $180,100
2019 $7,838 $208,400 $28,300 $180,100
2018 $6,692 $181,200 $28,300 $152,900
2017 $6,451 $181,200 $28,300 $152,900
2016 $6,233 $181,200 $28,300 $152,900
2015 $5,996 $181,200 $28,300 $152,900
2014 $5,619 $181,200 $28,300 $152,900
Source: Public Records

Agents Affiliated with this Home

  • April Nicole Blount

    Seller's Agent in 2022

    April Nicole Blount

    BHHS FOX & ROACH

    (718) 309-5861

    4 in this area

    139 Total Sales

    April Nicole Blount
    Section Image

  • N

    Buyer's Agent in 2022

    NAWAL FARIH

    VILLAGE SQUARE REALTORS

  • B

    Seller's Agent in 2018

    BLOSSOM VERNON

    BHHS JORDAN BARIS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3755165

Garden State MLS

APN: 14-03665-0000-00021

New Jersey Essex County Newark 07112 Weequahic

134 Scheerer Ave, Newark, NJ

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