$689,800
- 6 Beds
- 3 Baths
- 4 sqft
162-164 Scheerer Ave, Newark, NJ 07112
Est. Refi. Payment $4,930/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 15, 2020 for $375,000
Home Value
Trulia Estimate
$690KSince last month
Increased$8K (+1.1%)Since last year
Decreased$2K (-0.4%)Since last sale
Increased$307K (+81.9%)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 +181% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $682K |
| August 2026 | $690K |
| July 2026 | $675K |
| June 2026 | $696K |
| May 2026 | $697K |
| April 2026 | $693K |
| March 2026 | $692K |
| February 2026 | $675K |
| January 2026 | $675K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $385,000 | 04/30/26 | 6 | 2 | 19,998 | |
0.10 | Multi-Family Home | $690,000 | 04/07/26 | 8 | 3 | 2,659 | |
0.28 | Multi-Family Home | $625,000 | 06/17/26 | 5 | 3 | 4,642 | |
0.33 | Multi-Family Home | $474,000 | 08/10/26 | 9 | 3 | 3,562 | |
0.39 | Multi-Family Home | $415,000 | 07/07/26 | 9 | 3 | 3,687 | |
0.18 | Multi-Family Home | $185,000 | 01/07/26 | 6 | 4.5 | 3,721 | |
0.56 | Multi-Family Home | $341,350 | 01/09/26 | 6 | 3 | 1,760 | |
0.33 | Multi-Family Home | $510,000 | 08/31/26 | 4 | 3 | 2,961 | |
0.44 | Multi-Family Home | $475,100 | 11/06/25 | 5 | 3 | 2,484 | |
0.32 | Multi-Family Home | $650,000 | 05/11/26 | 5 | 2 | 1,768 |
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 |
|---|---|---|---|---|---|---|
0.04 | $841,100 | Studio | - | - | Off Market | |
0.02 | $906,400 | 6 | 4.5 | - | Off Market | |
0.05 | $569,200 | Studio | - | - | Off Market | |
0.04 | $420,600 | 3 | 2 | - | Off Market | |
0.04 | $586,300 | Studio | - | - | Off Market | |
0.05 | $650,000 | Studio | - | - | Recently Sold | |
0.06 | $604,900 | Studio | - | - | Off Market | |
0.07 | $752,200 | 8 | 3 | - | Off Market | |
0.09 | $695,700 | Studio | - | - | Off Market | |
0.02 | $776,600 | Studio | - | - | Off Market | |
0.06 | $694,000 | Studio | - | - | Off Market | |
0.03 | $781,000 | Studio | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1930
4 sqft
$172,450/sqft
Garage
About this House
This multi-family home is located at 162-164 Scheerer Ave, Newark, NJ. 162-164 Scheerer Ave is in the Weequahic neighborhood in Newark, NJ and in ZIP code 07112. This property has 6 bedrooms, 3 bathrooms and approximately 4 sqft of floor space. This property has a lot size of 3485 sqft and was built in 1930.
162-164 Scheerer Ave, Newark, NJ 07112 is a 6 bedroom, 3 bathroom, 4 sqft multi-family in Weequahic, built in 1930. It last sold for $375,000 on Jan 15, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $689,800, with a rent estimate of $2,351/month.
Home Details for 162-164 Scheerer Ave
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Levels, Entrance, & Accessibility Stories: 2.5 |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Multi Family |
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Exterior Home Features Exterior: Wood |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Units in Building: 3 |
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Lot Area: 3628 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 15, 2020 Source: GSMLS #3581913 | Sold | $375,000 |
Oct 17, 2019 Source: Agent Provided | ListingRemoved | $375,000 |
Aug 22, 2019 Source: Agent Provided | Listed For Sale | $375,000 |
Sep 16, 2010 Source: N/A | Sold | $91,000 |
Apr 30, 2008 Source: Agent Provided | ListingRemoved | $230,000 |
Apr 23, 2008 Source: Agent Provided | Listed For Sale | $230,000 |
Sep 11, 2002 Source: N/A | Sold | $143,000 |
Mar 22, 2000 Source: N/A | Sold | $111,000 |
Aug 29, 1997 Source: N/A | Sold | $90,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $12,353 | $308,900 |
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 162-164 Scheerer Ave
- What is 162-164 Scheerer Ave estimated to be worth?Trulia's estimated value for 162-164 Scheerer Ave in Newark, NJ is $689,800.
- What is the price history for 162-164 Scheerer Ave?162-164 Scheerer Ave in Newark, NJ last sold for $375,000 in January 2020.
- 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.