$673,700
- 6 Beds
- 3 Baths
- 2,432 sqft
116-118 Scheerer Ave, Newark, NJ 07112
Est. Refi. Payment $4,816/mo*
Refinance Your HomeCurrently Off Market - Sold May 15, 2026 for $800,000
Home Value
Trulia Estimate
$674KSince last month
Decreased$32K (-4.4%)Since last year
Increased$144K (+26.6%)Since last sale
Decreased$114K (-14.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +233% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $686K |
| August 2026 | $708K |
| July 2026 | $717K |
| June 2026 | $579K |
| May 2026 | $575K |
| April 2026 | $562K |
| March 2026 | $549K |
| February 2026 | $536K |
| January 2026 | $542K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Single-Family Home | $491,100 | 02/04/26 | 6 | 2 | 2,173 | |
0.26 | Single-Family Home | $489,000 | 12/19/25 | 6 | 4 | 3,044 | |
0.36 | Single-Family Home | $600,000 | 07/24/26 | 6 | 4 | 2,443 | |
0.34 | Single-Family Home | $495,000 | 10/21/25 | 4 | 1.5 | 2,000 | |
0.34 | Single-Family Home | $545,000 | 06/05/26 | 5 | 3 | 7,152 | |
0.07 | Single-Family Home | $595,000 | 09/04/26 | 5 | 4 | - | |
0.08 | Single-Family Home | $385,000 | 01/22/26 | 3 | 1 | 1,510 | |
0.58 | Single-Family Home | $670,000 | 04/17/26 | 5 | 2 | 2,200 | |
0.31 | Single-Family Home | $570,000 | 05/06/26 | 6 | - | 1,877 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $630,000 | Studio | - | - | Recently Sold | |
0.04 | $590,000 | 4 | 3.5 | - | For Sale | |
0.06 | $827,400 | Studio | - | - | Off Market | |
0.07 | $595,000 | 5 | 4 | - | Recently Sold | |
0.06 | $524,900 | 5 | 3 | - | Off Market | |
0.04 | $900,000 | Studio | - | - | Recently Sold | |
0.09 | $747,900 | Studio | - | - | Off Market | |
0.05 | $697,000 | 7 | 3 | - | Off Market | |
0.07 | $578,200 | Studio | - | - | Off Market | |
0.07 | $650,000 | Studio | - | - | Recently Sold | |
0.10 | $755,000 | Studio | - | - | Recently Sold | |
0.08 | $533,600 | Studio | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1912
2,432 sqft
$329/sqft
Garage
About this House
Investor and homebuyer opportunity! This property was recently foreclosed upon and is now available to purchase online at Auction.com. Bidding ends on 01-16-2020. Visit Auction.com to view additional photos, sales comps, rental data, title info, neighborhood reports and more. Auction.com is the nation's leading online real estate marketplace offering over 30,000 discounted residential bank-owned and foreclosure deals. Don't miss the opportunity to buy homes that offer the potential for a high return on investment. Auction.com currently has 156 properties scheduled for sale in Essex County and 1877 throughout New Jersey. All properties and sale details can be found with a simple search at Auction.com. Create a free account to find similar properties, save your favorites and receive email alerts of upcoming auctions. To view the complete details on this property, click the "Get Auction Details" button above or paste the Property ID 2623818 into the search bar at Auction.com.
116-118 Scheerer Ave, Newark, NJ 07112 is a 6 bedroom, 3 bathroom, 2,432 sqft single-family home in Weequahic, built in 1912. It last sold for $800,000 on May 15, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $673,700, with a rent estimate of $3,519/month.
Home Details for 116-118 Scheerer Ave
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Heating & Cooling Heating: GasHeating Fuel: Gas |
Appliances & Utilities Refrigerator |
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Exterior Home Features Roof: AsphaltExterior: Vinyl |
Parking & Garage GarageParking Spaces: 4Parking: Garage Detached |
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Year Built Year Built: 1912 |
Property Type / Style Property Type: Single Family Home |
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Price Price Per Sqft: $329/sqft |
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Units in Building: 3 |
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Lot Area: 6098 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 15, 2026 Source: N/A | Sold | $800,000 |
Jan 17, 2020 Source: Agent Provided | ListingRemoved | $0 |
Jan 2, 2020 Source: Agent Provided | Listed For Sale | $0 |
Aug 31, 2018 Source: Agent Provided | ListingRemoved | $120,000 |
May 18, 2018 Source: Agent Provided | Listed For Sale | $120,000 |
Jul 26, 2017 Source: Agent Provided | ListingRemoved | $100,000 |
Mar 18, 2017 Source: Agent Provided | PendingToActive | $100,000 |
Nov 21, 2016 Source: Agent Provided | Pending | $100,000 |
Jun 26, 2013 Source: GSMLS #3033254 | Sold | $68,000 |
Mar 27, 2006 Source: N/A | Sold | $340,000 |
Oct 18, 2005 Source: N/A | Sold | $135,000 |
Jun 21, 2002 Source: N/A | Sold | $87,501 |
Sep 14, 2000 Source: N/A | Sold | $133,000 |
Jul 24, 1997 Source: N/A | Sold | $120,000 |
Mar 27, 1997 Source: N/A | Sold | $35,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,718 | $168,000 |
Home facts updated by county records
Market trends in Newark
Last updated August 2026
Avg. sale price
$479K
$25.42KMoM
Sale-to-List Price
104.3%
0.2%MoM
Price per sq ft
—
Available listings
237
2MoM
Around this home
What Locals Say about Weequahic
At least 382 Trulia users voted on each feature.
94 % Say there are sidewalks
73 % Say car is needed
71 % Say it's dog friendly
64 % Say it's walkable to grocery stores
63 % Say yards are well-kept
60 % Say streets are well-lit
55 % Say parking is easy
53 % Say there's holiday spirit
52 % Say kids play outside
47 % Say it's walkable to restaurants
47 % Say neighbors are friendly
43 % Say there's wildlife
40 % Say they plan to stay for at least 5 years
39 % Say there are community events
31 % Say it's quiet
28 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116-118 Scheerer Ave
- What is 116-118 Scheerer Ave estimated to be worth?Trulia's estimated value for 116-118 Scheerer Ave in Newark, NJ is $673,700.
- What is the price history for 116-118 Scheerer Ave?116-118 Scheerer Ave in Newark, NJ last sold for $800,000 in May 2026.
- Is Newark a buyer's or seller's market?Newark is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Newark?The median sale price in Newark is $479K. That is down $25.42K from the prior month.
- How big is the lot at 116-118 Scheerer Ave?The lot at 116-118 Scheerer Ave in Newark, NJ is about 0.14 acres (6,098 sq ft).
- Does 116-118 Scheerer Ave have a garage?Yes, 116-118 Scheerer Ave in Newark, NJ has a garage.