NOT LISTED FOR SALE

162-164 Scheerer Ave Unit 3 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $626,133

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

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair Listed on: 12/07/2022

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair

Last Renter's Agent

Emy Deryce

Realty of America LLC

Property Details

Home Type

  • Multi-Family

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

Year Built

1919

Lot Details

3,615 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2019
Sold by
Bought by
Current Estimated Value
$626,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,941
Outstanding Balance
$367,055
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,078

Purchase Details

Closed on
May 23, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2002
Sold by
Bought by

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
Bought by

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
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 Misc Company
-- Mortgagee Title Ins Policy
$91,000 Multiple
-- None Available
$143,000 --
$111,000 --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $417,941
Previous Owner $138,710
Previous Owner $110,662
Previous Owner $89,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,747 $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

  • B

    Landlord's Agent in 2023

    Bryanna De Vore-Nabarro

    Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair

    (973) 797-9991

    3 Total Sales

    Bryanna De Vore-Nabarro
    Section Image

  • E

    Tenant's Agent in 2023

    Emy Deryce

    Realty of America LLC

    (201) 265-7000

    1 Total Sale

    Emy Deryce
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22042819

New Jersey MLS

APN: 14-03665-0000-00035

New Jersey Essex County Newark 07112 Weequahic

162-164 Scheerer Ave Unit 3, Newark, NJ

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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