NOT LISTED FOR SALE

138 Scheerer Ave Unit 140 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $557,000 - $638,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $385,000

Est. 53% increase in value since last sale

Current estimated payment $3,991/month

40 Days on Market

About This Home

As of December 2021

This home is located at 138 Scheerer Ave Unit 140, Newark, NJ 07112 since 15 September 2021 and is currently estimated at $587,163. This property was built in 1922. 138 Scheerer Ave Unit 140 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

CALVIN WALKER

ERA REED REALTY, INC Brokerage Phone: 908-769-0011 Listed on: 09/15/2021

Last Buyer's Agent

Janethe Cruz

NIGITO REAL ESTATE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,793

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,793

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 138
  • I D: 5100249
  • Modified: 2022-12-18
  • Number Images: 1
  • Attribution Contact: 908-769-0011
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Dec 16, 2021
Sold by
Lawrence Pile
Bought by
Rose Jomo A
Seller's Agent
CALVIN WALKER
ERA REED REALTY, INC
Buyer's Agent
Janethe Cruz
NIGITO REAL ESTATE LLC
List Price
$379,999
Sold Price
$385,000
Premium/Discount to List
$5,001
1.32%
Current Estimated Value
$587,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,163
Avg. Annual Appreciation
14.02%
Original Mortgage
$308,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rose Jomo A $385,000 New Title Company Name
-- $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Jomo A $308,000
Previous Owner Pile Lawrence $271,600
Previous Owner Pile Lawrence $212,800
Previous Owner Pile Lawrence $53,200
Previous Owner Peterson Rebecca $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $385,000 +1.3% --
10/25/2021 10/25/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $379,999 -- --
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 $9,793 $262,700 $30,600 $232,100
2024 $9,793 $262,700 $30,600 $232,100
2022 $7,636 $204,400 $30,600 $173,800
2021 $7,632 $204,400 $30,600 $173,800
2020 $7,767 $204,400 $30,600 $173,800
2019 $7,687 $204,400 $30,600 $173,800
2018 $7,548 $204,400 $30,600 $173,800
2017 $7,277 $204,400 $30,600 $173,800
2016 $7,031 $204,400 $30,600 $173,800
2015 $6,764 $204,400 $30,600 $173,800
2014 $6,338 $204,400 $30,600 $173,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CALVIN WALKER

    ERA REED REALTY, INC

  • J

    Buyer's Agent in 2021

    Janethe Cruz

    NIGITO REAL ESTATE LLC

    (973) 902-2728

    5 in this area

    32 Total Sales

    Janethe Cruz
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3740656

Garden State MLS

APN: 14-03665-0000-00024

New Jersey Essex County Newark 07112 Weequahic

138 Scheerer Ave Unit 140, Newark, NJ

This home is located at 138 Scheerer Ave Unit 140, Newark, NJ 07112 since 15 September 2021 and is currently estimated at $587,163. This property was built in 1922. 138 Scheerer Ave Unit 140 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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