NOT LISTED FOR SALE

169 Scheerer Ave Unit 171 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $585,000 - $642,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $450,000

Est. 35% increase in value since last sale

Current estimated payment $4,125/month

122 Days on Market

About This Home

As of April 2022

This home is located at 169 Scheerer Ave Unit 171, Newark, NJ 07112 since 11 October 2021 and is currently estimated at $607,104. 169 Scheerer Ave Unit 171 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

Tajudeen Ajadi

LARA REALTY CORP Brokerage Phone: 973-622-1672 Listed on: 10/11/2021

Last Buyer's Agent

Tajudeen Ajadi

LARA REALTY CORP Brokerage Phone: 973-622-1672 Listed on: 10/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,889

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,889

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 169
  • I D: 5109040
  • Modified: 2023-04-27
  • Number Images: 2
  • Attribution Contact: 973-622-1672
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Apr 4, 2022
Sold by
Corporan Jesus
Bought by
Lawal Jamiu W
Seller's Agent
Tajudeen Ajadi
LARA REALTY CORP
Buyer's Agent
Tajudeen Ajadi
LARA REALTY CORP
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$607,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,104
Avg. Annual Appreciation
9.12%
Original Mortgage
$441,849
Outstanding Balance
$417,156
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$189,948

Purchase Details

Closed on
Mar 19, 2019
Sold by
Hillard Sally Est
Bought by
Corporan Jesus

Purchase Details

Closed on
Nov 15, 2007
Sold by
Hilliard Sally
Bought by
Hilliard Sally and Allen Larry
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Lawal Jamiu W $450,000 None Listed On Document
Corporan Jesus $265,000 Intact Title
Hilliard Sally -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawal Jamiu W $441,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $450,000 0.0% --
02/10/2022 02/10/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $450,000 0.0% --
11/01/2021 11/01/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $450,000 -- --
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 $10,889 $275,000 $30,600 $244,400
2024 $10,889 $292,100 $30,600 $261,500
2022 $6,587 $176,300 $30,600 $145,700
2021 $6,583 $176,300 $30,600 $145,700
2020 $6,699 $176,300 $30,600 $145,700
2019 $6,631 $176,300 $30,600 $145,700
2018 $6,511 $176,300 $30,600 $145,700
2017 $6,276 $176,300 $30,600 $145,700
2016 $6,065 $176,300 $30,600 $145,700
2015 $5,834 $176,300 $30,600 $145,700
2014 $5,467 $176,300 $30,600 $145,700
Source: Public Records

Agents Affiliated with this Home

  • Tajudeen Ajadi

    Seller's Agent in 2022

    Tajudeen Ajadi

    LARA REALTY CORP

    (973) 220-5963

    4 in this area

    28 Total Sales

    Tajudeen Ajadi
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3745827

Garden State MLS

APN: 14-03666-0000-00075

New Jersey Essex County Newark 07112 Weequahic

169 Scheerer Ave Unit 171, Newark, NJ

This home is located at 169 Scheerer Ave Unit 171, Newark, NJ 07112 since 11 October 2021 and is currently estimated at $607,104. 169 Scheerer Ave Unit 171 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

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