NOT LISTED FOR SALE

88 Scheerer Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $289,926 - $654,000

-- Bed
-- Bath
-- Sq Ft
25 Sq Ft Lot

Last Sold February 09, 2017

Last sale price $60,000

Est. 633% increase in value since last sale

Current estimated payment $2,426/month

46 Days on Market

About This Home

As of February 2017

This home is located at 88 Scheerer Ave, Newark, NJ 07112 since 08 September 2016 and is currently estimated at $439,732. This property was built in 1897. 88 Scheerer Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Kara Staniszewski

EXP REALTY, LLC Brokerage Phone: 732-382-0200 Listed on: 09/08/2016

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1897

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,145

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Essex
  • Street Number Display: 88
  • I D: 4656151
  • Modified: 2018-02-10
  • Number Images: 1
  • Attribution Contact: 732-382-0200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25 X 100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Jan 31, 2017
Sold by
Patch Of Lending Llc
Bought by
Benedlkt Juldth
Seller's Agent
Kara Staniszewski
EXP REALTY, LLC
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$439,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,732
Avg. Annual Appreciation
26.58%

Purchase Details

Closed on
Dec 23, 2014
Sold by
88 Scheerer Ave Llc
Bought by
Srb Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 4, 2014
Sold by
Sheriff Armando Fontoura
Bought by
88 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
$162,000
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 27, 2006
Sold by
Vagueiro Luis
Bought by
Falana Mercy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
8.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2005
Sold by
Gray Ayres
Bought by
Vagueiro Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,250
Interest Rate
6.14%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

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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
Benedlkt Juldth $60,000 None Available
Srb Group Llc $125,000 --
Srb Group Llc $125,000 --
88 Scheerer Llc $60,100 --
Falana Mercy $292,000 --
Vagueiro Luis $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srb Group Llc $162,000
Previous Owner Falana Mercy $233,600
Previous Owner Vagueiro Luis $29,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Sold $60,000 0.0% --
10/24/2016 10/24/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $60,000 -- --
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 $1,145 $30,700 $15,400 $15,300
2024 $1,145 $30,700 $15,400 $15,300
2022 $1,147 $30,700 $15,400 $15,300
2021 $1,146 $30,700 $15,400 $15,300
2020 $1,167 $30,700 $15,400 $15,300
2019 $1,155 $30,700 $15,400 $15,300
2018 $1,134 $30,700 $15,400 $15,300
2017 $1,093 $30,700 $15,400 $15,300
2016 $1,056 $30,700 $15,400 $15,300
2015 $1,016 $30,700 $15,400 $15,300
2014 $952 $30,700 $15,400 $15,300
Source: Public Records

Agents Affiliated with this Home

  • Kara Staniszewski

    Seller's Agent in 2017

    Kara Staniszewski

    EXP REALTY, LLC

    (973) 760-1002

    52 Total Sales

    Kara Staniszewski
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Map

Source: Garden State MLS

MLS Number: 3334589

Garden State MLS

APN: 14-03656-0000-00007

New Jersey Essex County Newark 07112 Weequahic

88 Scheerer Ave, Newark, NJ

This home is located at 88 Scheerer Ave, Newark, NJ 07112 since 08 September 2016 and is currently estimated at $439,732. This property was built in 1897. 88 Scheerer Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

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