NOT LISTED FOR SALE

183 Scheerer Ave Unit 185 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $562,000 - $617,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold December 22, 2021

Last sale price $400,253

Est. 45% increase in value since last sale

Current estimated payment $3,922/month

44 Days on Market

About This Home

As of December 2021

This home is located at 183 Scheerer Ave Unit 185, Newark, NJ 07112 since 24 March 2021 and is currently estimated at $581,258. 183 Scheerer Ave Unit 185 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Hawthorne Avenue Elementary School, and Chancellor Avenue School.

Last Agent to Sell the Property

SASHOIR WILLIAMS

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 201-433-0800 Listed on: 03/24/2021

Last Buyer's Agent

SASHOIR WILLIAMS

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 201-433-0800 Listed on: 03/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,308

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,308

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5058980
  • Attribution Contact: 201-433-0800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Dec 17, 2021
Sold by
Abraham Vinod George and Abraham Mibby Annie
Bought by
Wallace Rickardo and Wallace Crystal
Seller's Agent
SASHOIR WILLIAMS
OPTION 1 REALTY GROUP, LLC
Buyer's Agent
SASHOIR WILLIAMS
OPTION 1 REALTY GROUP, LLC
List Price
$399,900
Sold Price
$400,253
Premium/Discount to List
$353
0.09%
Current Estimated Value
$581,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,005
Avg. Annual Appreciation
9.99%
Original Mortgage
$392,755
Outstanding Balance
$360,488
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$220,770

Purchase Details

Closed on
Jan 4, 2020
Sold by
183-185 Scheerer Ave Llc
Bought by
Abraham Vinod G and Abraham Mibbie A
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wallace Rickardo $400,000 Madison Title Agency
Abraham Vinod G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Rickardo $392,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $400,253 +0.1% --
05/07/2021 05/07/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $399,900 -- --
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 $10,308 $276,500 $29,100 $247,400
2024 $10,308 $276,500 $29,100 $247,400
2022 $6,310 $168,900 $29,100 $139,800
2021 $6,307 $168,900 $29,100 $139,800
2020 $6,418 $168,900 $29,100 $139,800
2019 $6,352 $168,900 $29,100 $139,800
2018 $5,987 $168,900 $29,100 $139,800
2017 $5,763 $168,900 $29,100 $139,800
2016 $5,560 $168,900 $29,100 $139,800
2015 $5,339 $168,900 $29,100 $139,800
2014 $4,738 $168,900 $29,100 $139,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SASHOIR WILLIAMS

    OPTION 1 REALTY GROUP, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3702038

Garden State MLS

APN: 14-03666-0000-00068

New Jersey Essex County Newark 07112 Weequahic

183 Scheerer Ave Unit 185, Newark, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes