NOT LISTED FOR SALE

143 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $548,000 - $767,152

-- Bed
-- Bath
-- Sq Ft
3,759 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $190,000

Est. 248% increase in value since last sale

Current estimated payment $4,166/month

170 Days on Market

About This Home

As of June 2020

Great 3-Family Home Investment Property With Garage, Unfinished Basement, and Separate Utilities. Property Needs Updates and Repairs. Seller is Motivated and Selling AS IS. Oil tank on property Seller IS Willing to Credit for. No Appointments.

Last Listed By

DANE HOLT

KELLER WILLIAMS ELITE REALTORS Listed on: 11/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,765

Year Built

  • Built in 1917

Lot Details

  • 3,759 Sq Ft Lot
  • Lot Dimensions are 37.6 x 100

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Radiator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,765

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0863
  • Lot Size: 37.6 x 100
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1917
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Full
  • Stories: 3

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 3759

Tax Info

  • Tax Annual Amount: 5765
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2023
Sold by
143 Scheerer Ave Llc
Bought by
2026 Holdings Llc
Total Days on Market
170
Current Estimated Value
$660,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$513,569
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$124,529

Purchase Details

Closed on
Feb 20, 2023
Sold by
Newark Property 100 Llc
Bought by
143 Scheerer Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$513,569
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$124,529

Purchase Details

Listed on
Nov 18, 2019
Closed on
Apr 9, 2020
Sold by
Wright Curtis and Wright Alma
Bought by
Newark Property 100 Llc
Seller's Agent
DANE HOLT
KELLER WILLIAMS ELITE REALTORS
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.98%
Original Mortgage
$182,000
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 31, 2001
Sold by
C & A Wright Inc
Bought by
Wright Curtis and Wright Alma

Range of Values:

Collateral Analytics

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ICE

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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
2026 Holdings Llc $700,000 None Listed On Document
143 Scheerer Ave Llc $340,000 --
Newark Property 100 Llc $190,000 Title Guarantee Inc
Wright Curtis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2026 Holdings Llc $525,000
Previous Owner Newark Property 100 Llc $285,000
Previous Owner Newark Property 100 Llc $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $190,000 0.0% --
05/06/2020 05/06/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $190,000 -- --
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
2024 $5,819 $156,100 $29,100 $127,000
2022 $5,832 $156,100 $29,100 $127,000
2021 $5,829 $156,100 $29,100 $127,000
2020 $5,932 $156,100 $29,100 $127,000
2019 $5,871 $156,100 $29,100 $127,000
2018 $5,765 $156,100 $29,100 $127,000
2017 $5,557 $156,100 $29,100 $127,000
2016 $5,370 $156,100 $29,100 $127,000
2015 $5,165 $156,100 $29,100 $127,000
2014 $4,841 $156,100 $29,100 $127,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    DANE HOLT

    KELLER WILLIAMS ELITE REALTORS

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Map

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Source: All Jersey MLS

MLS Number: 2008125

All Jersey MLS

APN: 14-03666-0000-00088

New Jersey Essex County Newark 07112 Weequahic

143 Scheerer Ave, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 143 Scheerer Ave, Newark, NJ 07112 since 18 November 2019 and is currently estimated at $660,788. This property was built in 1917. 143 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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