NOT LISTED FOR SALE

162-164 Scheerer Ave Unit 3 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $591,742 - $702,000

1 Bed
1 Bath
2,544 Sq Ft
$254/Sq Ft Est. Value

About This Home

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

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
$646,936

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:

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
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
Open Legrand Lynda $39,191
Open 162 Scheerer Llc $195,000
Closed Galicia Mari Yasmin $274,881
Previous Owner Elliott Martha $196,000
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 -- --

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 $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

  • B

    Seller's Agent in 2023

    Bryanna De Vore

    Keller Williams City Views Realty

    (973) 797-9991

    3 Total Sales

    Bryanna De Vore
    Section Image

  • E

    Buyer's Agent in 2023

    Emy Deryce

    Realty One Group Sunrise

    (201) 265-7000

    3 Total Sales

    Emy Deryce
    Section Image
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Map

New Jersey Essex County Newark 07112 Weequahic

162-164 Scheerer Ave Unit 3, Newark, NJ

This home is located at 162-164 Scheerer Ave Unit 3, Newark, NJ 07112 and is currently estimated at $646,936, approximately $254 per square foot. 162-164 Scheerer Ave Unit 3 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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