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  • Price cut: $32K (9/17)
    $550,000

    14-16 Scheerer Ave, Newark City, NJ 07112

    6beds
    --sqft
    : 
    $3,919/mo
    Get pre-qualified
    Single Family Residence
    Built in 1921
    4,791 Square Feet Lot
    $556,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Kitchen with pantryAbove-ground basementLaundry hookupWalk-up attic
    JUST REDUCED. Seller concession for $10K available. Located in the desirable Weequahic neighborhood, this single-family residence offers tremendous upside for an owner-occupant looking to customize a home or an owner looking to house hack. The home has 3 kitchens, 3 full bathrooms and 2 living rooms. The vacant first floor has already had some improvements, including fresh paint, and offers a functional layout featuring a foyer, living room, two bedrooms, full bathroom, kitchen with pantry and laundry hookup. The second floor includes three bedrooms, a full bathroom, an additional kitchen, and access to a walk-up attic with potential for expanded living space. ADU permitted; $40K grant available. The above-ground basement is currently occupied and includes an additional full bathroom. Ideally situated near Weequahic Park, public transportation, major highways, shopping, restaurants, schools, and houses of worship. The property is also just minutes from the exciting Lionsgate Studios development, bringing continued investment to the surrounding area. Property is being sold strictly AS IS.** Seller will make no repairs. Buyer is responsible for obtaining all required municipal inspections and certificates required to close. Buyers are encouraged to perform their own due diligence regarding zoning and future use. Don't miss this opportunity to unlock the potential this classic Newark Colonial has to offer! Make your appointment today
    45 days
    235
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Marsha Bowen-washington 646-249-6212,

    Coldwell Banker Realty

    Source: GSMLS,MLS#: 4047847MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Second
      Kitchen
      • Features: Eat-in Kitchen, Not Eat-In Kitchen
      • Level: First
      Living room
      • Level: First
      Basement
      • Features: 2 Bedrooms, Bath(s) Other, Kitchen, Utility Room
      Heating
      • 1 Unit, Natural Gas
      Appliances
      • Included: Microwave, Range/Oven-Gas, Gas Water Heater
      • Laundry: Level 1
      Features
      • Bedroom
      • Flooring: Carpet, Tile, Vinyl-Linoleum, Wood
      • Windows: Blinds
      • Basement: Yes,Finished
      • Has fireplace: Yes
      • Fireplace features: Non-Functional

      Property

      Parking
      • Parking features: On Street, Attached Carport
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch(es)
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 50 x 100
      Details
      • Parcel number: 1614036400000000200000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1921

      Utilities & green energy

      • Gas: Gas In Street
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Gas In Street, Cable Available, Garbage Included

      Community & HOA

      Community
      • Subdivision: Weequahic
      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $196,400
      • Annual tax amount: $7,854
      • Date on market: 8/20/2026
      • Exclusions: Owners personal items
      • Ownership type: Fee Simple
      • Electric utility on property: Yes

        Estimated market value

        $556,900

        $529,000 - $585,000

        $3,394/mo

        Price history

        DateEventPrice
        9/17/2026Price change$550,000-5.5%
        Source: GSMLS #4047847 Report a problem
        8/20/2026Listed for sale$582,000
        Source: GSMLS #4047847 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,854 +5.2%$196,400
        2024$7,469 +0.1%$196,400
        2023$7,463 $196,400
        2022$7,463 $196,400
        2021$7,463 +1%$196,400
        2020$7,387 +37.4%$196,400
        2019$5,374 $196,400
        2018$5,374 -20.5%$196,400
        2017$6,756 +4%$196,400
        2016$6,499 +6.7%$196,400
        2015$6,090 +5%$196,400
        2014$5,800 +15.9%$196,400 +30.7%
        2012$5,002 +4.7%$150,300
        2011$4,780 +16.1%$150,300
        2010$4,117 +5.4%$150,300
        2009$3,906 +4.4%$150,300
        2008$3,742 $150,300
        2007$3,742 $150,300
        2006-- $150,300
        2005-- $150,300
        2004$3,246 $150,300
        2003-- $150,300 +1074.2%
        2002-- $12,800
        2001-- $12,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Weequahic

        Getting around

        72 / 100
        Very Walkable
        61 / 100
        Good Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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