NOT LISTED FOR SALE

197 Scheerer Ave Unit 1 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $558,000 - $616,000

2 Beds
1 Bath
2,657 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 197 Scheerer Ave Unit 1, Newark, NJ 07112 and is currently estimated at $584,335, approximately $219 per square foot. 197 Scheerer Ave Unit 1 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 21, 2023
Sold by
Mckay Willie
Bought by
Abreu Yeliser Sileny Suare and Abreu Emme Y
Current Estimated Value
$584,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1974
Bought by
Mckay Willie and Mckay Catherine
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
Abreu Yeliser Sileny Suare $520,000 Stewart Title Guaranty Company
Mckay Willie $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abreu Yeliser Sileny Suare $510,581
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
2025 $7,609 $204,100 $27,700 $176,400
2024 $7,609 $204,100 $27,700 $176,400
2022 $7,625 $204,100 $27,700 $176,400
2021 $7,621 $204,100 $27,700 $176,400
2020 $7,756 $204,100 $27,700 $176,400
2019 $7,676 $204,100 $27,700 $176,400
2018 $7,537 $204,100 $27,700 $176,400
2017 $7,266 $204,100 $27,700 $176,400
2016 $7,021 $204,100 $27,700 $176,400
2015 $6,754 $204,100 $27,700 $176,400
2014 $6,329 $204,100 $27,700 $176,400
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

197 Scheerer Ave Unit 1, Newark, NJ

This home is located at 197 Scheerer Ave Unit 1, Newark, NJ 07112 and is currently estimated at $584,335, approximately $219 per square foot. 197 Scheerer Ave Unit 1 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Hawthorne Avenue Elementary School, and Chancellor Avenue School.

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