NOT LISTED FOR SALE

58 Scheerer Ave Unit 60 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $561,000 - $590,000

3 Beds
2 Baths
2,598 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 58 Scheerer Ave Unit 60, Newark, NJ 07112 and is currently estimated at $573,874, approximately $220 per square foot. 58 Scheerer Ave Unit 60 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
L B Properties Holdings Llc
Bought by
Nealy Derika and Nealy Aquane
Current Estimated Value
$573,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Outstanding Balance
$354,416
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$219,458

Purchase Details

Closed on
Sep 29, 2020
Sold by
Sbmuni%Lb-Honey Badger
Bought by
Lb Properties Holdings Llc

Purchase Details

Closed on
Sep 7, 2005
Sold by
Quattlebaum Benjamin
Bought by
Oliveira Edson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,050
Interest Rate
5.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Nealy Derika $410,000 Clear Skies Title
Lb Properties Holdings Llc $150,000 Fidelity National Title
Oliveira Edson $220,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nealy Derika $389,500
Previous Owner Oliveira Edson $217,050
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 $7,206 $193,300 $22,500 $170,800
2024 $7,206 $193,300 $22,500 $170,800
2022 $7,222 $193,300 $22,500 $170,800
2021 $5,601 $150,000 $22,500 $127,500
2020 $5,700 $150,000 $22,500 $127,500
2019 $5,642 $150,000 $22,500 $127,500
2018 $5,540 $150,000 $22,500 $127,500
2017 $5,340 $150,000 $22,500 $127,500
2016 $5,160 $150,000 $22,500 $127,500
2015 $4,964 $150,000 $22,500 $127,500
2014 $4,652 $150,000 $22,500 $127,500
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

58 Scheerer Ave Unit 60, Newark, NJ

This home is located at 58 Scheerer Ave Unit 60, Newark, NJ 07112 and is currently estimated at $573,874, approximately $220 per square foot. 58 Scheerer Ave Unit 60 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

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.

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