NOT LISTED FOR SALE

162-164 Scheerer Ave Unit 3 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $592,000 - $723,000

1 Bed
1 Bath
-- Sq Ft
3,615 Sq Ft Lot

About This Home

As of February 2023

Don't miss out on this newly renovated 1 bed 1 bath apartment, wooden flooring throughout, located in the Weequahic section of Newark. This third floor unit is located near access to major highways 78, 22, and the Parkway as well as having access to NJ transit bus stops. Street Parking Vacant unit; Section 8 Friendly

Last Agent to Rent the Property

Bryanna De Vore

Keller Williams City Views Realty Listed on: 12/07/2022

Keller Williams City Views Realty

Last Renter's Agent

Emy Deryce

Realty One Group Sunrise

Realty One Group Sunrise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,516

Year Built

  • 1919

Lot Details

  • 3,615

Home Design

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,516

Year Built

1919

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 592-8900
  • MLS Status: Leased - Leased
  • Directions: Use GPS
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1919

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None, See Remarks

Utilities

  • Heating: Other Fuel Source/See Rmk

Lot Info

  • Lot: 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2012
Sold by
Iannotta Fernando
Bought by
Galicia Mari Yasmin
Current Estimated Value
$631,873

Purchase Details

Closed on
Jul 22, 2010
Sold by
The Bank Of New York Mellon
Bought by
Iannotta Fernando

Purchase Details

Closed on
Oct 14, 2009
Sold by
Elliott Martha
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 28, 2002
Sold by
Sulton Sheila
Bought by
Elliott Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,710
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2000
Sold by
Ambrose Pamela
Bought by
Allen Jenelle and Sutton Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,662
Interest Rate
8.31%

Purchase Details

Closed on
Aug 17, 1997
Sold by
Smith Irene
Bought by
Ambrose Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Galicia Mari Yasmin -- Mortgagee Title Ins Policy
Iannotta Fernando $91,000 Multiple
Bank Of New York -- None Available
Elliott Martha $143,000 --
Allen Jenelle $111,000 --
Ambrose Pamela $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Martha $138,710
Previous Owner Allen Jenelle $110,662
Previous Owner Ambrose Pamela $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Rented $1,450 0.0% --
12/07/2022 12/07/22 For Rent $1,450 -- --
Source: New 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
2025 $11,516 $308,900 $28,900 $280,000
2024 $11,516 $308,900 $28,900 $280,000
2022 $11,541 $308,900 $28,900 $280,000
2021 $11,534 $308,900 $28,900 $280,000
2020 $8,919 $234,700 $28,900 $205,800
2019 $8,827 $234,700 $28,900 $205,800
2018 $8,667 $234,700 $28,900 $205,800
2017 $8,355 $234,700 $28,900 $205,800
2016 $8,074 $234,700 $28,900 $205,800
2015 $7,766 $234,700 $28,900 $205,800
2014 $7,278 $234,700 $28,900 $205,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22042819

New Jersey MLS

APN: 14-03665-0000-00035