NOT LISTED FOR SALE

143 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $528,000 - $831,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $190,000

Est. 244% increase in value since last sale

Current estimated payment $3,930/month

101 Days on Market

About This Home

As of June 2020

This home is located at 143 Scheerer Ave, Newark, NJ 07112 since 17 November 2019 and is currently estimated at $653,575. 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.

Last Buyer's Agent

Maureen Leong

KELLER WILLIAMS TEAM REALTY

KELLER WILLIAMS TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,819

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,819

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4945895
  • Attribution Contact: 732-549-1998
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

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
Current Estimated Value
$653,575

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
$509,645
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$143,930

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
$509,645
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$143,930

Purchase Details

Listed on
Nov 17, 2019
Closed on
Apr 9, 2020
Sold by
Wright Curtis and Wright Alma
Bought by
Newark Property 100 Llc
Buyer's Agent
Maureen Leong
KELLER WILLIAMS TEAM REALTY
List Price
$280,000
Sold Price
$190,000
Premium/Discount to List
-$90,000
-32.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.39%
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
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 $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $190,000 -32.1% --
02/26/2020 02/26/20 Pending -- -- --
11/17/2019 11/17/19 For Sale $280,000 -- --
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 $5,819 $156,100 $29,100 $127,000
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

  • M

    Buyer's Agent in 2020

    Maureen Leong

    KELLER WILLIAMS TEAM REALTY

    (973) 842-8326

    1 in this area

    50 Total Sales

    Maureen Leong
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3601655

Garden State MLS

APN: 14-03666-0000-00088

New Jersey Essex County Newark 07112 Weequahic

143 Scheerer Ave, Newark, NJ

Not Listed for Sale

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