NOT LISTED FOR SALE

159 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $525,000 - $746,000

5 Beds
3 Baths
2,800 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 159 Scheerer Ave, Newark, NJ 07112 and is currently estimated at $623,548, approximately $222 per square foot. 159 Scheerer Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Scheerer Investment Llc
Bought by
Chambers Tristan R
Current Estimated Value
$623,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,660
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2016
Sold by
Citimortgage Inc
Bought by
Mulberry Management Group Llc

Purchase Details

Closed on
Jul 17, 2015
Sold by
Fontoura Armando B
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 31, 2002
Sold by
Ume Roland
Bought by
Marshall George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
Ume Joseph
Bought by
Ume Roland and Ume Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,937
Interest Rate
8.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 1990
Sold by
Hopson Charles and Hopson Jessie
Bought by
Ume Joseph N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Chambers Tristan R $575,000 --
Mulberry Management Group Llc $26,000 Fortune Title
Citimortgage Inc $279,786 None Available
Marshall George $184,000 --
Ume Roland $130,000 --
Ume Joseph N $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chambers Tristan R $561,660
Previous Owner Marshall George $160,000
Previous Owner Ume Roland $128,937
Closed Citimortgage Inc --
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 $5,935 $159,200 $29,100 $130,100
2024 $5,935 $159,200 $29,100 $130,100
2022 $5,948 $159,200 $29,100 $130,100
2021 $5,945 $159,200 $29,100 $130,100
2020 $6,050 $159,200 $29,100 $130,100
2019 $5,988 $159,200 $29,100 $130,100
2018 $5,879 $159,200 $29,100 $130,100
2017 $5,668 $159,200 $29,100 $130,100
2016 $5,476 $159,200 $29,100 $130,100
2015 $5,268 $159,200 $29,100 $130,100
2014 $4,937 $159,200 $29,100 $130,100
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

159 Scheerer Ave, Newark, NJ

Not Listed for Sale

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