NOT LISTED FOR SALE

165 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $607,000 - $654,606

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 09, 2021

Last sale price $415,000

Est. 53% increase in value since last sale

Current estimated payment $4,179/month

25 Days on Market

About This Home

As of August 2021

This home is located at 165 Scheerer Ave, Newark, NJ 07112 since 03 June 2021 and is currently estimated at $634,152. This property was built in 1922. 165 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.

Last Agent to Sell the Property

DAVID L. JAMES

JAMES REALTY LLC Listed on: 06/03/2021

Last Buyer's Agent

Fred Tessier

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • I D: 5071060
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 6, 2021
Sold by
Heredia Altagracia
Bought by
Rivero Alex
Seller's Agent
DAVID L. JAMES
JAMES REALTY LLC
Buyer's Agent
Fred Tessier
EXP REALTY, LLC
List Price
$410,000
Sold Price
$415,000
Premium/Discount to List
$5,000
1.22%
Current Estimated Value
$634,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,152
Avg. Annual Appreciation
10.09%
Original Mortgage
$392,755
Outstanding Balance
$356,598
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,554

Purchase Details

Listed on
Dec 18, 2013
Closed on
Oct 25, 2013
Sold by
Ts Homes Llc
Bought by
Dl Realty Investment
Seller's Agent
MIA AUSTIN
WEICHERT REALTORS
Buyer's Agent
MIA AUSTIN
WEICHERT REALTORS
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.19%

Purchase Details

Closed on
Oct 11, 2013
Sold by
Matthews Roland
Bought by
T S Homes Llc

Purchase Details

Closed on
May 4, 2009
Sold by
Pianfetti Nancy L
Bought by
Matthews Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2008
Sold by
Lasalle Bank National Association
Bought by
Pianfetti Nancy

Purchase Details

Closed on
Mar 27, 2008
Sold by
Andrews Alex
Bought by
Lasalle Bank Na and Gsamp Trust 2006-He5

Purchase Details

Closed on
May 12, 2006
Sold by
Pointer William
Bought by
Andrews Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.67%

Purchase Details

Closed on
Apr 1, 1999
Sold by
Eppes Andre
Bought by
Pointer William D and Pointer Lillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,918
Interest Rate
6.83%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Singh Chetram
Bought by
Eppes Andre and Latimore Russell

Purchase Details

Closed on
Aug 22, 1995
Sold by
Ramrattan Ramesh
Bought by
Singh Chetram and Singh Monica

Purchase Details

Closed on
Feb 12, 1990
Sold by
Walker Franklin
Bought by
Ramrattan Ramesh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivero Alex $415,000 Chicago Title
Dl Realty Investment $70,000 --
Dl Realty Investment $70,000 --
T S Homes Llc $70,000 None Listed On Document
T S Homes Llc $70,000 None Listed On Document
Matthews Roland $315,000 Old Republic National Title
Pianfetti Nancy $78,000 Progressive Title Agency Inc
Lasalle Bank Na -- None Available
Andrews Alex $333,000 --
Pointer William D $110,000 --
Eppes Andre $48,000 --
Singh Chetram $60,000 --
Ramrattan Ramesh $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivero Alex $392,755
Previous Owner Matthews Roland $309,294
Previous Owner Andrews Alex $264,000
Previous Owner Pointer William D $109,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $415,000 -7.8% --
06/28/2021 06/28/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $450,000 +9.8% --
06/03/2021 06/03/21 For Sale $410,000 +485.7% --
12/18/2013 12/18/13 Sold $70,000 -- -- View Prior Sale
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 $10,360 $277,900 $26,300 $251,600
2024 $10,360 $277,900 $26,300 $251,600
2022 $8,847 $236,800 $26,300 $210,500
2021 $8,842 $236,800 $26,300 $210,500
2020 $8,998 $236,800 $26,300 $210,500
2019 $8,906 $236,800 $26,300 $210,500
2018 $6,267 $169,700 $26,300 $143,400
2017 $6,041 $169,700 $26,300 $143,400
2016 $5,838 $169,700 $26,300 $143,400
2015 $5,615 $169,700 $26,300 $143,400
2014 $5,262 $169,700 $26,300 $143,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    DAVID L. JAMES

    JAMES REALTY LLC

  • Fred Tessier

    Buyer's Agent in 2021

    Fred Tessier

    EXP REALTY, LLC

    (908) 652-9227

    2 in this area

    87 Total Sales

    Fred Tessier
    Section Image

  • M

    Seller's Agent in 2013

    MIA AUSTIN

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3717413

Garden State MLS

APN: 14-03666-0000-00077

New Jersey Essex County Newark 07112 Weequahic

165 Scheerer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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