NOT LISTED FOR SALE

174 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $622,000 - $828,000

6 Beds
5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 09, 2023

Last sale price $745,000

Est. 2% increase in value since last sale

Current estimated payment $4,119/month

29 Days on Market

About This Home

As of November 2023

This home is located at 174 Scheerer Ave, Newark, NJ 07112 since 28 June 2023 and is currently estimated at $762,855. This property was built in 2023. 174 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

AYESHA OCTALIEN

EXP REALTY, LLC Brokerage Phone: 856-206-0413 Listed on: 06/28/2023

Last Buyer's Agent

Zulakha Mohammed

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 2023

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Year Built: 2023
  • County Name: Essex
  • I D: 5229918
  • Attribution Contact: 856-206-0413
  • MLS Status: Sold
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Oct 23, 2023
Sold by
A Brick At A Time Llc
Bought by
Thomas Adejoke R
Seller's Agent
AYESHA OCTALIEN
EXP REALTY, LLC
Buyer's Agent
Zulakha Mohammed
RE/MAX FIRST REALTY II
List Price
$724,999
Sold Price
$745,000
Premium/Discount to List
$20,001
2.76%
Views
20
Current Estimated Value
$762,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,855
Avg. Annual Appreciation
1.17%
Original Mortgage
$731,506
Outstanding Balance
$718,451
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$44,404

Purchase Details

Closed on
Jan 12, 2021
Sold by
City Of Newark
Bought by
A Brick At A Time Llc
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

Date Buyer Sale Price Title Company
Thomas Adejoke R $745,000 None Listed On Document
A Brick At A Time Llc $21,000 Afrm Title And Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Adejoke R $731,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $745,000 +2.8% --
07/27/2023 07/27/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $724,999 -- --
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 $1,074 $432,900 $28,800 $404,100
2024 $1,074 $432,900 $28,800 $404,100
2022 $1,076 $28,800 $28,800 $0
2021 $1,075 $28,800 $28,800 $0
2020 $0 $28,800 $28,800 $0
2019 $0 $28,800 $28,800 $0
2018 $0 $28,800 $28,800 $0
2017 $0 $28,800 $28,800 $0
2016 $0 $28,800 $28,800 $0
2015 -- $28,800 $28,800 $0
2014 -- $28,800 $28,800 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    AYESHA OCTALIEN

    EXP REALTY, LLC

  • Z

    Buyer's Agent in 2023

    Zulakha Mohammed

    RE/MAX

    (908) 374-9602

    6 in this area

    23 Total Sales

    Zulakha Mohammed
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Map

Source: Garden State MLS

MLS Number: 3851731

Garden State MLS

APN: 14-03665-0000-00041

New Jersey Essex County Newark 07112 Weequahic

174 Scheerer Ave, Newark, NJ

Not Listed for Sale

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