NOT LISTED FOR SALE

165 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $639,000 - $729,000

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

Sale Details

Date Sold: August 9, 2021

Last sale price $415,000

Est. 63% increase in value since last sale

Current estimated payment $4,528 / mo

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 $676,407. 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

2,614 Sq Ft Lot

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

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

Listed on
Jun 3, 2021
Closed on
Aug 6, 2021
Sold by
Bought by
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
$676,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,407
Avg. Annual Appreciation
10.55%
Original Mortgage
$392,755
Outstanding Balance
$356,598
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$319,809

Purchase Details

Listed on
Dec 18, 2013
Closed on
Oct 25, 2013
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
May 4, 2009
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
$309,294
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2008
Sold by
Bought by

Purchase Details

Closed on
May 12, 2006
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
$264,000
Interest Rate
6.67%

Purchase Details

Closed on
Apr 1, 1999
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
$109,918
Interest Rate
6.83%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 1995
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 1990
Sold by
Bought by
Source: Public Records

Range of Values:

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

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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

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
$415,000 Chicago Title
$70,000 --
$70,000 --
$70,000 None Listed On Document
$70,000 None Listed On Document
$315,000 Old Republic National Title
$78,000 Progressive Title Agency Inc
-- None Available
$333,000 --
$110,000 --
$48,000 --
$60,000 --
$55,000 --
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 $392,755
Previous Owner $309,294
Previous Owner $264,000
Previous Owner $109,918
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 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

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 $10,569 $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

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