$698,300
- 5 Beds
- 3 Baths
- 2,703 sqft
159-161 Scheerer Ave, Newark, NJ 07112
Est. Refi. Payment $4,978/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 30, 2022 for $575,000
Home Value
Trulia Estimate
$698KSince last month
Increased$7K (+1%)Since last year
Increased$6K (+0.9%)Since last sale
Increased$127K (+22%)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 +327% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| November 2026 | $702K |
| October 2026 | $704K |
| September 2026 | $695K |
| August 2026 | $699K |
| July 2026 | $697K |
| June 2026 | $721K |
| May 2026 | $704K |
| April 2026 | $715K |
| March 2026 | $713K |
| February 2026 | $701K |
| January 2026 | $702K |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $690,000 | 04/07/26 | 8 | 3 | 2,659 | |
0.29 | Multi-Family Home | $625,000 | 06/17/26 | 5 | 3 | 4,642 | |
0.36 | Multi-Family Home | $510,000 | 08/31/26 | 4 | 3 | 2,961 | |
0.35 | Multi-Family Home | $650,000 | 05/11/26 | 5 | 2 | 1,768 | |
0.15 | Multi-Family Home | $650,000 | 09/24/26 | 3 | 1 | 2,964 | |
0.54 | Multi-Family Home | $585,000 | 04/20/26 | 6 | 3 | 2,718 | |
0.33 | Multi-Family Home | $474,000 | 08/10/26 | 9 | 3 | 3,562 | |
0.15 | Multi-Family Home | $185,000 | 01/07/26 | 6 | 4.5 | 3,721 | |
0.54 | Multi-Family Home | $341,350 | 01/09/26 | 6 | 3 | 1,760 | |
0.45 | Multi-Family Home | $601,000 | 05/12/26 | 8 | 4 | 3,990 |
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 |
|---|---|---|---|---|---|---|
0.01 | $427,300 | 4 | 1 | 1,612 | Off Market | |
0.01 | $497,900 | Studio | - | 2,638 | Off Market | |
0.01 | - | - | - | - | Off Market | |
0.01 | $631,700 | 3 | 1 | 2,500 | Off Market | |
0.01 | - | 2 | 1 | - | Off Market | |
0.01 | - | 3 | 1 | - | Off Market | |
0.01 | - | 3 | 1 | 1,160 | Off Market | |
0.01 | $470,600 | Studio | - | 1,570 | Off Market | |
0.02 | $495,400 | Studio | - | 2,436 | Off Market | |
0.02 | - | 3 | 1 | - | Off Market | |
0.02 | $456,400 | 1 | 1 | - | Off Market | |
0.02 | $699,300 | 7 | 3 | 3,924 | Off Market | |
0.02 | $763,600 | 9 | 3 | 4,068 | Off Market | |
0.02 | - | 2 | 2 | 800 | Off Market | |
0.02 | - | 2 | 2 | - | Off Market | |
0.02 | - | 2 | 2 | 1,000 | Off Market | |
0.02 | - | 5 | 2 | - | Off Market | |
0.02 | - | 4 | 2 | - | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | - | - | - | Off Market |
Local Information
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Home Highlights
Multi-Family
Built in 1917
2,703 sqft
$258/sqft
Garage
About this House
This multi-family home is located at 159-161 Scheerer Ave, Newark, NJ. 159-161 Scheerer Ave is in the Weequahic neighborhood in Newark, NJ and in ZIP code 07112. This property has 5 bedrooms, 3 bathrooms and approximately 2,703 sqft of floor space. This property has a lot size of 2800 sqft and was built in 1917.
159-161 Scheerer Ave, Newark, NJ 07112 is a 5 bedroom, 3 bathroom, 2,703 sqft multi-family in Weequahic, built in 1917. It last sold for $575,000 on Aug 30, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $698,300, with a rent estimate of $2,419/month.
Home Details for 159-161 Scheerer Ave
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Heating & Cooling Heating: GasHeating Fuel: Gas |
Interior Details Types of Rooms: Dining Room |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Exterior Home Features Roof: AsphaltExterior: Vinyl |
Parking & Garage GarageParking Spaces: 6Parking: Garage Detached |
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Year Built Year Built: 1917 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 3 |
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Lot Area: 2800 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 30, 2022 Source: N/A | Sold | $575,000 |
Dec 3, 2019 Source: N/A | Sold | $195,000 |
Aug 10, 2018 Source: N/A | Sold | $150,000 |
May 29, 2018 Source: Agent Provided | PendingToActive | $135,000 |
May 10, 2018 Source: Agent Provided | Pending | $135,000 |
Apr 26, 2018 Source: Agent Provided | Listed For Sale | $135,000 |
Oct 14, 2016 Source: GSMLS #3331598 | Sold | $26,000 |
Apr 8, 2016 Source: N/A | Sold | $279,786 |
Dec 16, 2015 Source: Agent Provided | ListingRemoved | $0 |
Nov 23, 2015 Source: Agent Provided | Listed For Sale | $0 |
Jul 18, 2003 Source: N/A | Sold | $184,000 |
Mar 31, 2000 Source: N/A | Sold | $130,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,366 | $159,200 |
Home facts updated by county records
Market trends in Newark
Last updated September 2026
Avg. sale price
$471K
$3.92KMoM
Sale-to-List Price
103.8%
0.4%MoM
Price per sq ft
โ
Available listings
252
15MoM
Sourced by Trulia Market Trends
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 159-161 Scheerer Ave
- What is 159-161 Scheerer Ave estimated to be worth?Trulia's estimated value for 159-161 Scheerer Ave in Newark, NJ is $698,300.
- What is the price history for 159-161 Scheerer Ave?159-161 Scheerer Ave in Newark, NJ last sold for $575,000 in August 2022.
- Is Newark a buyer's or seller's market?Newark is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Newark?The median sale price in Newark is $471K. That is down $3.92K from the prior month.

