Under contract

$539,900

186 Scheerer Ave, Newark City, NJ 07112

5beds

3,498sqft

Est.:

Multi Family

Built in 1912

-- sqft lot

$575,300 Zestimate^®

$154/sqft

$-- HOA

What's special

Gas heatingHardwood floorsFenced yard

Located in the Heart of Newark's Weequahic Section is this 5BD/3BA Multi-Family home. This is a great investment or owner-occupant opportunity to generate revenue. The 1st & 2nd fl. units have 2 Bedrooms featuring an EIK, formal DR, spacious LR, Sunroom & Bath. The 2nd unit has a private Home Office or Den. The 3rd fl. unit completes this special home with 1 BD, LR, EIK & Bath. Oher amenities include gas heating, hardwood floors under carpets, a full/unfinished basement, garage (currently used as a storage shed), fenced yard & more! The property is conveniently located near public/private schools, historic Weequachic Park, NJ/NY bus trans & major highways. Only minutes from Newark's vibrant Downtown/Ironbound Districts offering entertainment, fine dining & shopping venues. Property is being sold in "AS-IS" condition with the buyer responsible for all local & state certificates. This is simply a great community & place to consider as home!

95 days

26

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

1 Unit, Radiators - Steam, Natural Gas

Appliances

Included: Microwave, Range/Oven - Gas, Refrigerator, Self Cleaning Oven, Kitchen Exhaust Fan, Self-Cleaning Oven, Gas Water Heater

Features

Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Pantry, Sunroom, Eat-In Kitchen, Master Bedroom, Ceiling Fan(s)
Flooring: Carpet, Parquet, Tile, Vinyl-Linoleum Floors, Wood
Windows: Stain Glass Windows
Basement: Yes,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,498
Total interior livable area: 3,498 sqft

Property

Parking

Total spaces: 4
Parking features: 1 Car Width, Asphalt, Off Street, On Street, None
Uncovered spaces: 4

Features

Levels: 3-Three Story
Stories: 3
Exterior features: Curbs, Sidewalk

Lot

Size: 3,484.8 Square Feet
Dimensions: 35 x 100
Features: Level

Details

Parcel number: 1614036650000000470000
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1912

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Garbage Included

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Subdivision: Weequahic Section

Location

Region: Newark

Financial & listing details

Price per square foot: $154/sqft
Tax assessed value: $196,200
Annual tax amount: $7,461
Date on market: 9/14/2025
Exclusions: Tenant's personal property.
Total actual rent: 2000
Tenant pays: Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$575,300

$547,000 - $604,000

$2,679/mo

Price history

Date	Event	Price
10/3/2025	Pending sale	$539,900$154/sqft
Source: GSMLS #3986800 Report a problem
9/14/2025	Listed for sale	$539,900$154/sqft
Source: GSMLS #3986800 Report a problem