84 Scheerer Ave

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

Description

Your investment search ends here! This legal three-family home presents a unique investment opportunity with separate utilities for each unit. The second floor and third-floor units are currently vacant, offering great potential for rental income. Property Highlights:- Legal three-family home- Separate utilities- Second and third-floor units vacant- Potential for rental income- Convenient location in Newark, NJBonus Feature:The property is assessed for four bathrooms, alleviating the need for a permit...Your investment search ends here! This legal three-family home presents a unique investment opportunity with separate utilities for each unit. The second floor and third-floor units are currently vacant, offering great potential for rental income. Property Highlights:- Legal three-family home- Separate utilities- Second and third-floor units vacant- Potential for rental income- Convenient location in Newark, NJBonus Feature:The property is assessed for four bathrooms, alleviating the need for a permit to build an additional bathroom in the basement. Situated in a desirable area of Newark, NJ, this property is close to amenities, transportation, and only a few minutes from the Ironbound section of Newark!
  1. Listed by Leonardo Tatis • United Real Estate • (201) 906-4570

Property Details for 84 Scheerer Avenue

Style
3 Family
LISTING UPDATED: 03/13/2025 09:09 PM

Property Details for 84 Scheerer Avenue

StatusSold - Sold
MLS #24009047
Days on Market83
Taxes$10,658 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of United Real Estate, Leonardo Tatis

Sold By XCEED Realty, Gloria I. Gibbs

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Payment Calculator

$4,188 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,300

Property Taxes

$888

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 84 Scheerer Avenue

Summary
Location and General Information
  • Area name: Newark
  • Flood plain: None
  • Street Name: Scheerer
  • County Name: ESSEX
  • Status: Closed
  • Street Number Numeric: 84
  • Zip Code: 07112
Taxes and HOA Information
  • Other Charges: True
  • Tax: $10,658
Property
Lot Information
  • Year Built: 1900-1939, Build Prior to 1978
  • Average Acres: 0.06
Property and Assessments
  • Photo Number: 25
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bedrooms: 8
  • Baths full: 3
  • Baths partial: 0
  • Basement Description: Unfished
  • Number of rooms: 16
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Exterior: Vinyl Siding
Agent
Sale and Listing Information
  • Management Phone: (201) 906-4570
  • Search Class: 2to4, 2-4 Family
  • List Price: $649,999.00
  • Listing Date: 03-25-2024
  • Expired Date: 06-25-2024
  • Pending Date: 04-26-2024
  • Close Date: 07-19-2024
  • Status Date: 07-18-2024
  • Sale Price: $680,000
Showing Information
  • Internet Remarks: Your investment search ends here! This legal three-family home presents a unique investment opportunity with separate utilities for each unit. The second floor and third-floor units are currently vacant, offering great potential for rental income.Property Highlights:- Legal three-family home- Separate utilities- Second and third-floor units vacant- Potential for rental income- Convenient location in Newark, NJBonus Feature:The property is assessed for four bathrooms, alleviating the need for a permit to build an additional bathroom in the basement.Situated in a desirable area of Newark, NJ, this property is close to amenities, transportation, and only a few minutes from the Ironbound section of Newark!

Property History for 84 Scheerer Avenue

DateEvent & SourcePriceAppreciation
Jul 19, 2024

Sold

GSMLS #3892410

$680,000
Jul 18, 2024

Sold

NJMLS #24009047

$680,000
Jul 9, 2024

Under Contract

GSMLS #3892410

Jun 13, 2024

Sold (Public Record)

Public Record #1538747389

$680,000

+18.5% / yr

Mar 24, 2024

Listed (Active)

NJMLS #24009047

$649,999
Mar 22, 2024

Listed (Active)

GSMLS #3892410

$649,999
Jan 17, 2024

Temporarily Off Market

GSMLS #3817836

Nov 30, 2022

Temporarily Off Market

NJMLS #22042127

Nov 30, 2022

Listed (Active)

NJMLS #22042127

$699,999
Nov 15, 2022

Listed (Active)

GSMLS #3817836

$699,999
Dec 15, 2020

Sold

NJMLS #20016606

$376,000
Dec 15, 2020

Sold

GSMLS #3632199

$376,000
Dec 14, 2020

Sold (Public Record)

Public Record #1452957525

$376,000
Dec 11, 2020

Sold (Public Record)

Public Record #695060383

$376,000

+2.3% / yr

Jul 23, 2020

Off Market

GSMLS #3632199

Jul 22, 2020

Under Contract

NJMLS #20016606

May 14, 2020

Listed (Active)

NJMLS #20016606

$375,000
May 12, 2020

Listed (Active)

GSMLS #3632199

$375,000
Jul 18, 2016

Sold (Public Record)

Public Record #616216787

$340,000

+76.6% / yr

Mar 5, 2013

Sold (Public Record)

Public Record #410186187

$50,000

-17.2% / yr

Dec 23, 2004

Sold (Public Record)

Public Record #250222679

$235,000
DateEvent & SourcePrice
07/19/2024

Sold

GSMLS #3892410

$680,000
07/18/2024

Sold

NJMLS #24009047

$680,000
07/09/2024

Under Contract

GSMLS #3892410

06/13/2024

Sold (Public Record)

Public Record #1538747389

$680,000

+18.5% / yr

03/24/2024

Listed (Active)

NJMLS #24009047

$649,999
03/22/2024

Listed (Active)

GSMLS #3892410

$649,999
01/17/2024

Temporarily Off Market

GSMLS #3817836

11/30/2022

Temporarily Off Market

NJMLS #22042127

11/30/2022

Listed (Active)

NJMLS #22042127

$699,999
11/15/2022

Listed (Active)

GSMLS #3817836

$699,999
12/15/2020

Sold

NJMLS #20016606

$376,000
12/15/2020

Sold

GSMLS #3632199

$376,000
12/14/2020

Sold (Public Record)

Public Record #1452957525

$376,000
12/11/2020

Sold (Public Record)

Public Record #695060383

$376,000

+2.3% / yr

07/23/2020

Off Market

GSMLS #3632199

07/22/2020

Under Contract

NJMLS #20016606

05/14/2020

Listed (Active)

NJMLS #20016606

$375,000
05/12/2020

Listed (Active)

GSMLS #3632199

$375,000
07/18/2016

Sold (Public Record)

Public Record #616216787

$340,000

+76.6% / yr

03/05/2013

Sold (Public Record)

Public Record #410186187

$50,000

-17.2% / yr

12/23/2004

Sold (Public Record)

Public Record #250222679

$235,000

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

Public Records for 84 Scheerer Avenue

Taxable ValueLand$16,300Additions$269,600Total$285,900
Tax Record2024$10,873 ($906 / month)
Home Facts
Beds0Total Finished SqFt2,650 SqFtAbove Grade Finished SqFt2,650 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1917CountyESSEXAPN14 03656-0000-00005

Schools near 84 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

Belmont-Runyon Elementary School
PublicPK to 8

Hawthorne 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Real Estate, Leonardo Tatis

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: 03/17/2026 03:46 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: 03/17/2026 03:46 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.