NOT LISTED FOR SALE

197 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $609,000 - $669,000

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

Last Sold April 10, 2023

Last sale price $520,000

Est. 23% increase in value since last sale

Current estimated payment $3,959/month

28 Days on Market

About This Home

As of April 2023

WOAH!!! LEGAL 3 family minutes away from the airport. RENOVATED, detached 2 car garage, and so much more. This is THE house you've been looking for.

Last Agent to Sell the Property

Brendan Da Silva

Keller Williams Realty - NJ Metro Group Listed on: 12/08/2022

Keller Williams Realty - NJ Metro Group

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,621

Lot Details

  • 3,759 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00061 / 03666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,621

Lot Details

3,759 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-783-7400
  • MLS Status: Sold - Sold
  • Directions: Google Maps
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3759.0

Tax Info

  • Tax Annual Amount: 7621.0
  • Tax Block: 03666
  • Tax Lot: 00061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Mar 21, 2023
Sold by
Mckay Willie
Bought by
Abreu Yeliser Sileny Suare and Abreu Emme Y
Seller's Agent
Brendan Da Silva
Keller Williams Realty - NJ Metro Group
Buyer's Agent
Outside Agent
Outside Office
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%
Views
61
Current Estimated Value
$639,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,045
Avg. Annual Appreciation
7.29%
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
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2023 04/10/23 Sold $520,000 +4.0% --
01/05/2023 01/05/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $500,000 -- --
Source: New Jersey MLS

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
Source: Public Records

Agents Affiliated with this Home

  • Brendan Da Silva

    Seller's Agent in 2023

    Brendan Da Silva

    Keller Williams Realty - NJ Metro Group

    (201) 926-1190

    19 in this area

    328 Total Sales

    Brendan Da Silva
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22042889

New Jersey MLS

APN: 14-03666-0000-00061

New Jersey Essex County Newark 07112 Weequahic

197 Scheerer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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