NOT LISTED FOR SALE

188 Scheerer Ave Unit 190 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $328,000 - $653,000

-- Bed
-- Bath
4,116 Sq Ft
$135/Sq Ft Est. Value

About This Home

This home is located at 188 Scheerer Ave Unit 190, Newark, NJ 07112 and is currently estimated at $554,253, approximately $134 per square foot. 188 Scheerer Ave Unit 190 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Hawthorne Avenue Elementary School, and Chancellor Avenue School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Cureton and Rachelle
Bought by
Kismet Realty Buyers Llc
Current Estimated Value
$554,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.76%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 8, 2022
Sold by
Kismet Realty Buyers Llc
Bought by
188 Scheerer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.76%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 10, 2004
Sold by
Durmaz Murate
Bought by
Cureton Hyder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,724
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2001
Sold by
Norwest Bank Of Minnesota
Bought by
Durmaz Murat and Mulder Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
7.05%

Purchase Details

Closed on
Feb 1, 1990
Sold by
Wise Ivory
Bought by
Wise Robert
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Kismet Realty Buyers Llc $237,500 Stewart Title
188 Scheerer Llc $265,000 New Title Company Name
Cureton Hyder $212,000 --
Durmaz Murat $83,000 --
Wise Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 188 Scheerer Llc $1,040,000
Closed 188 Scheerer Llc $435,000
Previous Owner Curetn Hyder $153,834
Previous Owner Cureton Hyder R $115,000
Previous Owner Cureton Hyder $30,000
Previous Owner Cureton Hyder $208,724
Previous Owner Durmaz Murat $74,700
Source: Public Records

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 $6,766 $181,500 $29,400 $152,100
2022 $6,781 $181,500 $29,400 $152,100
2021 $6,777 $181,500 $29,400 $152,100
2020 $6,897 $181,500 $29,400 $152,100
2019 $6,826 $181,500 $29,400 $152,100
2018 $6,703 $181,500 $29,400 $152,100
2017 $6,461 $181,500 $29,400 $152,100
2016 $6,244 $181,500 $29,400 $152,100
2015 $6,006 $181,500 $29,400 $152,100
2014 $5,628 $181,500 $29,400 $152,100
Source: Public Records

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