NOT LISTED FOR SALE

172 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $662,000 - $763,000

Studio
-- Bath
-- Sq Ft
2,500 Sq Ft Lot

Last Sold November 05, 2024

Last sale price $730,000

Est. 1% decrease in value since last sale

Current estimated payment $4,740/month

90 Days on Market

About This Home

As of November 2024

This home is located at 172 Scheerer Ave, Newark, NJ 07112 since 01 August 2024 and is currently estimated at $719,460. This property was built in 2008. 172 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

Krya Harrison

NORTH STAR ELITE REALTY Brokerage Phone: 908-267-8169 Listed on: 08/01/2024

Last Buyer's Agent

Jackie J. Dunlap

KELLER WILLIAMS ELITE REALTORS

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 2,500 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Year Built: 2008
  • County Name: Essex
  • I D: 5304353
  • Attribution Contact: 908-267-8169
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 2500 SF
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 11, 2024
Sold by
Greene Alicia
Bought by
Twumasi Benjamin and Acheampong Doreenda
Seller's Agent
Krya Harrison
NORTH STAR ELITE REALTY
Buyer's Agent
Jackie J. Dunlap
KELLER WILLIAMS ELITE REALTORS
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
7
Current Estimated Value
$719,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,540
Avg. Annual Appreciation
-1.24%
Original Mortgage
$659,340
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 16, 2020
Sold by
Hanberry Jamal
Bought by
Greene Alicia
Seller's Agent
Sandra Page
RE/MAX FIRST REALTY II
Buyer's Agent
Krya Harrison
NORTH STAR ELITE REALTY
List Price
$430,000
Sold Price
$475,000
Premium/Discount to List
$45,000
10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
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:

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

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ICE

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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 $466,396
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2024 11/05/24 Sold $730,000 -2.7% --
10/30/2024 10/30/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $750,000 0.0% --
09/03/2024 09/03/24 Price Changed $750,000 +7.1% --
08/15/2024 08/15/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $700,000 +47.4% --
09/16/2020 09/16/20 Sold $475,000 +10.5% -- View Prior Sale
07/23/2020 07/23/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $430,000 +83.0% --
07/22/2015 07/22/15 Sold $235,000 -- -- 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 $11,732 $314,700 $26,300 $288,400
2024 $11,732 $314,700 $26,300 $288,400
Source: Public Records

Agents Affiliated with this Home

  • Krya Harrison

    Seller's Agent in 2024

    Krya Harrison

    NORTH STAR ELITE REALTY

    (908) 267-8169

    5 in this area

    37 Total Sales

    Krya Harrison
    Section Image

  • J

    Buyer's Agent in 2024

    Jackie J. Dunlap

    KELLER WILLIAMS ELITE REALTORS

    (973) 886-0040

    1 in this area

    8 Total Sales

    Jackie J. Dunlap
    Section Image
  • Sandra Page

    Seller's Agent in 2020

    Sandra Page

    RE/MAX

    (551) 206-6502

    8 Total Sales

    Sandra Page
    Section Image

  • R

    Buyer's Agent in 2015

    ROSA STIMMLER

    NEXTHOME ROYAL LION REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3916624

Garden State MLS

APN: 14-03665-0000-00040

New Jersey Essex County Newark 07112 Weequahic

172 Scheerer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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