14-16 Scheerer Ave

Newark City, NJ
$ 550,000 Beds 6 Baths 3
Monthly Estimate* How much can I afford?

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

Active

  • Price
  • $ 550,000
  • City
  • Newark City
  • Bedrooms
  • 6
  • Full Bathrooms
  • 3
  • County
  • ESSEX
  • Half Bathrooms
  • 0
  • Area
  • Newark City
  • Lot Size
  • 0.11 Acres
  • Zip
  • 07112
  • Year Built
  • 1921
  • Taxes
  • $ 7854
  • Style
  • Colonial
  • MLS#
  • 4047847
Listed By: COLDWELL BANKER REALTY
Data Source: Garden State MLS (GSMLS)

Features

General

Sewer Public Sewer
Heating 1 Unit
Cooling None
Utilities Electric,Gas In Street
Possession Upon closing
Roof Asphalt Shingle
Appliances Microwave Oven,Range/Oven-Gas
Water Heater Gas
Architectural Style Colonial
Exclusions Owners personal items
Pets Allowed Yes
Year Built 1921
Garage Carport-Attached
Township Newark City
Easement Unknown
Tax Year 2025
Services Cable TV Available,Garbage Included
Ownership Fee Simple
County Essex
Subdivision Name Weequahic
Total Rooms 9
Full Baths 3
Status Active
Directions Elizabeth Ave to Scheerer
Tax Annual Amount 7854
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 196400
Town # 1614
Tax Lot 20
Primary Style Colonial
Sub Property Type Single Family
Community Living No

Interior Features

Interior Amenities Blinds,StallShw,TubShowr
Basement Finished
Flooring Carpeting,Tile,Vinyl-Linoleum,Wood
Fireplace Features Non-Functional
Other Room 1 Level Second
Kitchen Level First
Living Room Level First
Other Room 2 Level Third
Other Room 3 Level Second
Fuel Type Gas-Natural
Total Bedrooms 6
RoomOther3Description Kitchen
RoomOther2Description Bedroom
RoomOther1Description Bedroom
Kitchen Features Eat-In Kitchen,Not Eat-In Kitchen
RoomBed4Level Second
RoomBed3Level Second
RoomBed2Level First
RoomBed1Level First
Level 3 Rooms 1 Bedroom,Living Room
Level 2 Rooms 3 Bedrooms,Bath Main,Kitchen
Level 1 Rooms 2 Bedrooms,Bath(s) Other,Foyer,Kitchen,Laundry Room,Living Room,Pantry

Exterior Features

Exterior Amenities Open Porch(es)
Water Source Public Water
Exterior Description Brick,Vinyl Siding
Lot Dimensions 50X100
Lot Size Acres 0.11

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Morris Plains, NJ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/20/2026 Listed $582,000
9/17/2026 6% - $550,000

Property vs Zip Code Average in 07112

Price
AVG $490K
$550K
Taxes
AVG $6,823
$7,854
Year Built
AVG 1920
1921
Visits
AVG 109
57
Data Provided by Inside Real Estate®

Areas That We Cover

14-16 Scheerer Ave Newark City, NJ is a Single Family Home for sale at $550000 and a lot size of 0.11 Acres Acre(s). 14-16 Scheerer Ave Newark City has 6 bedrooms, 3 baths and was built in 1921. The property's zip code is 07112 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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