172 Scheerer Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome home to this beautiful 2 family investment property located in a sought after area of Newark!. Welcome home to this beautiful 2 family investment property located in a sought after area of Newark! This home offers 2,500 sqft of living space. Each unit has 3 BRS/MSTR BR, BTH/LR/DR, kitchen, hardwood floors, walk in closets and lots of closet/storage space . The basement is fully finished with an additional bathroom and family room for those overnight guest. This home borders the municipalities...Welcome home to this beautiful 2 family investment property located in a sought after area of Newark!. Welcome home to this beautiful 2 family investment property located in a sought after area of Newark! This home offers 2,500 sqft of living space. Each unit has 3 BRS/MSTR BR, BTH/LR/DR, kitchen, hardwood floors, walk in closets and lots of closet/storage space . The basement is fully finished with an additional bathroom and family room for those overnight guest. This home borders the municipalities of South Orange, Bloomfield, East Orange, Belleville, Harrison, Kearney and Maplewood! Close to all public transportation. Easy access to 78, GSPKWY and the Turnpike. (2.4 mil) to Newark Airport, (3.4 mil) Newark Penn Station, (0.3 mil) to Beth Israel hospital. (2.1 mil) to Weequahic park. (1.3 mil) to Weequahic golf course, (3.8 mil ) to NJPAC , (3.4 mil) to Newark museum and more!. Now is your time to get a piece
  1. Listed by KRYA HARRISON • NORTH STAR ELITE REALTY

Property Details for 172 Scheerer Avenue

Directions
Take Osborne Terrace to Scheerer Ave/Open House Canceled
Days On Market
90
Section/Subdiv/Development
Weequahic
LISTING UPDATED: 11/06/2025 03:03 AM

Property Details for 172 Scheerer Avenue

StatusSold
MLS #3916624
Days on Market90
Taxes$11,732 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2008
Lot Size0.06 AC / 2,613 SF
CountyEssex County
Add your commute

Building Information for 172 Scheerer Avenue

Stories-Residences2Year Built2008Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,536 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,558

Property Taxes

$978

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 172 Scheerer Avenue

Summary
Location and General Information
  • Active Days on Market: 29
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 3665
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 172.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: Scheerer Ave
  • Zip Code: 07112-2114
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $11,732
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 314700.0
  • Tax ID For Property: 1614-03665-0000-00040-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width
  • # Garage Spaces: 1
  • Garage Description: Built-In Garage
Property
Lot Information
  • Lot Identifier: 40
  • Approximate Lot Size: 2500 SF
  • Total Acres: 0.06
  • Construction Date/Year Built: 2008
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 288400.0
  • Assessment Land: 26300.0
Utilities
  • Cooling: Central Air
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Cent Register Heat
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding, Brick/Block
Interior Features
  • Interior Features: Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CeilFan, CookGas, SmokeDet
  • Unit 1 Baths: 3.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 9999.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Family Room, Kitchen, Laundry Room, Living Room
  • Unit 1 Rooms: 9.0
  • Unit 1 Security Deposit: 9999999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CeilFan, CookGas, SmokeDet
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 9999.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Porch
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 999999.0
  • Unit 2 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $999,999.00
  • Net Operating Income: $999,999.00
  • Gross Operating Income: $999,999.00

Property History for 172 Scheerer Avenue

DateEvent & SourcePriceAppreciation
Nov 5, 2024

Sold

GSMLS #3916624

$730,000
Oct 30, 2024

Under Contract

GSMLS #3916624

Oct 11, 2024

Sold (Public Record)

Public Record #1546864690

$730,000

+11.0% / yr

Oct 10, 2024

Active Under Contract

GSMLS #3916624

Aug 1, 2024

Price Change

GSMLS #3916624

$750,000
Aug 1, 2024

Listed (Active)

GSMLS #3916624

$700,000
Sep 16, 2020

Sold

NJMLS #20025844

$475,000
Sep 16, 2020

Sold

GSMLS #3645999

$475,000
Sep 4, 2020

Sold (Public Record)

Public Record #678476829

$475,000

+13.3% / yr

Jul 26, 2020

Off Market

GSMLS #3645999

Jul 23, 2020

Under Contract

NJMLS #20025844

Jul 6, 2020

Listed (Active)

GSMLS #3645999

$430,000
Jul 6, 2020

Listed (Active)

NJMLS #20025844

$430,000
Jul 22, 2015

Sold

GSMLS #3202036

$235,000
Mar 24, 2015

Sold (Public Record)

Public Record #561131911

$240,000

+55.6% / yr

Mar 3, 2015

Listed (Active)

GSMLS #3202036

$265,000
Nov 8, 2011

Sold (Public Record)

Public Record #329249692

$54,000

-95.7% / yr

Jul 12, 2011

Sold (Public Record)

Public Record #319080615

$150,000

+461.6% / yr

May 24, 2011

Sold (Public Record)

Public Record #319080614

$119,000

-36.2% / yr

Mar 14, 2008

Sold (Public Record)

Public Record #247457834

$499,000
DateEvent & SourcePrice
11/05/2024

Sold

GSMLS #3916624

$730,000
10/30/2024

Under Contract

GSMLS #3916624

10/11/2024

Sold (Public Record)

Public Record #1546864690

$730,000

+11.0% / yr

10/10/2024

Active Under Contract

GSMLS #3916624

08/01/2024

Price Change

GSMLS #3916624

$750,000
08/01/2024

Listed (Active)

GSMLS #3916624

$700,000
09/16/2020

Sold

NJMLS #20025844

$475,000
09/16/2020

Sold

GSMLS #3645999

$475,000
09/04/2020

Sold (Public Record)

Public Record #678476829

$475,000

+13.3% / yr

07/26/2020

Off Market

GSMLS #3645999

07/23/2020

Under Contract

NJMLS #20025844

07/06/2020

Listed (Active)

GSMLS #3645999

$430,000
07/06/2020

Listed (Active)

NJMLS #20025844

$430,000
07/22/2015

Sold

GSMLS #3202036

$235,000
03/24/2015

Sold (Public Record)

Public Record #561131911

$240,000

+55.6% / yr

03/03/2015

Listed (Active)

GSMLS #3202036

$265,000
11/08/2011

Sold (Public Record)

Public Record #329249692

$54,000

-95.7% / yr

07/12/2011

Sold (Public Record)

Public Record #319080615

$150,000

+461.6% / yr

05/24/2011

Sold (Public Record)

Public Record #319080614

$119,000

-36.2% / yr

03/14/2008

Sold (Public Record)

Public Record #247457834

$499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 172 Scheerer Avenue

Taxable ValueLand$26,300Additions$288,400Total$314,700
Tax Record2024$11,968 ($997 / month)
Home Facts
Beds0Total Finished SqFt2,558 SqFtAbove Grade Finished SqFt2,558 SqFtLot Size2,500 SqFtStyleSingle Family ResidenceYear Built2008CountyESSEXAPN14 03665-0000-00040

Schools near 172 Scheerer Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
George Washington Carver Elementary School
PublicPK to 8

Hawthorne Avenue Elementary School
PublicPK to 8

Chancellor Avenue Elementary School
PublicPK to 8

B.R.I.C.K. Peshine Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of NORTH STAR ELITE REALTY, KRYA HARRISON

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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. Last date updated: 02/23/2026 12:50 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 02/23/2026 12:50 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.