NOT LISTED FOR SALE

172 Scheerer Ave Unit 2 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $691,092 - $746,000

2 Beds
2 Baths
2,558 Sq Ft
$281/Sq Ft Est. Value

About This Home

Welcome home to this beautiful 3 bedroom 2-bathroom apartment for rent in the sought after area of Newark, NJ (Weequahic). This unit has a Kitchen, Livingroom/Dining -room combo. Hardwood floors throughout the apartment. Master bedroom has an en-suite with walk in closets. Two additional nice size bedrooms with hardwood floors. A dishwasher, central air, and a laundry room located on the lower level is included in the unit. Escape from the hustle /bustle and enjoy a nice breeze in the privacy of your own backyard! Close to public transportation, Approximate (0.5 mil) walk to public buses. Approximate walking distance to (0.2 mil) Beth Isarel Hospital, Approximate 15 min drive to Jersey Gardens Mall. Approximate, 6 min drive to Weequahic Golf Course Close to GSP, TPK & 287. & more

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Greene Alicia
Bought by
Twumasi Benjamin and Acheampong Doreenda
Current Estimated Value
$718,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,340
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2020
Sold by
Hanberry Jamal
Bought by
Greene Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Graden Trading Group Inc
Bought by
Hanberry Jamal

Purchase Details

Closed on
Jul 12, 2011
Sold by
Eminent Properties Llc
Bought by
Garden Trading Group Inc

Purchase Details

Closed on
May 24, 2011
Sold by
Wells Fargo Bank Na
Bought by
Eminent Properties Llc

Purchase Details

Closed on
May 17, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 9, 2010
Sold by
Baioni Tania M
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 14, 2008
Sold by
Jacob The Builder Llc
Bought by
Baioni Tania M
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
Twumasi Benjamin $730,000 Foundation Title
Greene Alicia $475,000 Title Agency Of Nj Inc
Hanberry Jamal $240,000 --
Garden Trading Group Inc $150,000 None Available
Eminent Properties Llc $119,000 Stewart Title & Guaranty Co
Wells Fargo Bank Na -- None Available
Federal Home Loan Mortgage Corp -- None Available
Baioni Tania M $499,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Twumasi Benjamin $659,340
Previous Owner Greene Alicia $13,787
Previous Owner Greene Alicia $461,413
Previous Owner Greene Alicia $466,396
Previous Owner Hanberry Jamal $241,456
Previous Owner Hanberry Jamal $291,456
Previous Owner Empire Estates Llc $1,675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2024 03/23/24 Rented $2,100 0.0% --
02/15/2024 02/15/24 For Rent $2,100 -- --

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 $11,732 $314,700 $26,300 $288,400
2022 $11,757 $314,700 $26,300 $288,400
2021 $11,751 $314,700 $26,300 $288,400
2020 $9,135 $240,400 $26,300 $214,100
2019 $9,041 $240,400 $26,300 $214,100
2018 $8,878 $240,400 $26,300 $214,100
2017 $8,558 $240,400 $26,300 $214,100
2016 $8,270 $240,400 $26,300 $214,100
2015 $7,955 $240,400 $26,300 $214,100
2014 $7,455 $240,400 $26,300 $214,100
Source: Public Records

Agents Affiliated with this Home

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