$505,000
SOLD AUG 4, 2025

202 Scheerer Ave Unit 204 Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

8% Below List Price

20 Days on Market

About This Home

As of August 2025

This home is located at 202 Scheerer Ave Unit 204, Newark, NJ 07112 and is currently priced at $505,000. This property was built in 1922. 202 Scheerer Ave Unit 204 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

Yosef Beane

KEYPOINT REALTY LLC Brokerage Phone: 732-534-5300 Listed on: 05/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,928

Year Built

  • Built in 1922

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,928

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 202
  • I D: 5360125
  • Modified: 2025-08-08
  • Number Images: 0
  • Attribution Contact: 732-534-5300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Aug 4, 2025
Sold by
Oestreicher Faigy
Bought by
202 Scheerer Ave Llc
Seller's Agent
Yosef Beane
KEYPOINT REALTY LLC
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.71%
Original Mortgage
$654,000
Outstanding Balance
$653,439
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$52,547

Purchase Details

Listed on
May 23, 2025
Closed on
Jun 18, 2025
Sold by
Rcf 2 Acquisition Trust and Us Bank Trust National Association
Bought by
Oestreicher Faigy
Seller's Agent
Yosef Beane
KEYPOINT REALTY LLC
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,000
Outstanding Balance
$653,439
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$52,547

Purchase Details

Closed on
Apr 11, 2016
Sold by
Dove Place Llc
Bought by
Rosenbaum Berel Z

Purchase Details

Closed on
Oct 31, 2001
Source: Public Records

Range of Values:

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ICE

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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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $515,000 Stewart Title Guaranty Company
Bargain Sale Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $654,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2025 08/04/25 Sold $505,000 -8.2% --
06/12/2025 06/12/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $550,000 -- --
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 $9,928 $266,300 $27,900 $238,400
2024 $9,928 $266,300 $27,900 $238,400
2022 $9,949 $266,300 $27,900 $238,400
2021 $9,944 $266,300 $27,900 $238,400
2020 $10,119 $266,300 $27,900 $238,400
2019 $10,016 $266,300 $27,900 $238,400
2018 $9,834 $266,300 $27,900 $238,400
2017 $9,480 $266,300 $27,900 $238,400
2016 $9,161 $266,300 $27,900 $238,400
2015 $8,812 $266,300 $27,900 $238,400
2014 $8,258 $266,300 $27,900 $238,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3964916

Garden State MLS

APN: 14-03665-0000-00054