186 Scheerer Ave Newark, NJ $ 539,900
186 Scheerer Ave
$ 539,900
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186 Scheerer Ave

Newark, NJ, 07112
$ 539,900
Bedrooms5 Baths3.0 Sq 3,498

Monthly Estimate*

$ 3,368

186 Scheerer Ave, Newark, NJ 07112 - Image 1
186 Scheerer Ave, Newark, NJ 07112 - Image 2
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186 Scheerer Ave, Newark, NJ 07112 - Image 4
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186 Scheerer Ave, Newark, NJ 07112 - Image 7
186 Scheerer Ave, Newark, NJ 07112 - Image 8
186 Scheerer Ave, Newark, NJ 07112 - Image 9
186 Scheerer Ave, Newark, NJ 07112 - Image 10
186 Scheerer Ave, Newark, NJ 07112 - Image 11
186 Scheerer Ave, Newark, NJ 07112 - Image 12
186 Scheerer Ave, Newark, NJ 07112 - Image 13

Multi-Family Home for sale in Newark, NJ

for $539,900 with 5 bedrooms and 3 full baths. This 3,498 square foot home was built in 1912 on a lot size of 0.08.

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!

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Multi-Family Pending

Price

$ 539,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,461

Style

3-Three Story

Lot Size

0.08

Year Built

1912

Town/City

Newark

County/Region

Essex

MLS | Web ID

3986800

Features
Interior
Interior Amenities Carpeting Fire Extinguisher Parquet Floors Smoke Detector Stain Glass Windows Tile Floors Vinyl-Linoleum Floors Wood Floors
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 5
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General
Sewer Public Sewer
Heating 1 Unit Radiators - Steam
Cooling None
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Zoning Residential
Garage Spaces 0
Architectural Style 3-Three Story
Exclusions Tenant's personal property.
Year Built 1912
Garage None
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name Weequahic Section
Total Rooms 16
Full Baths 3
Status Under Contract
Directions Osborne Terr or Bergen St to Scheerer Ave
High School WEEQUAHIC
Open Parking Spaces 4
Number Of Units Total 3
Elementary School G CARVER
Tax Annual Amount 7461
Home Warranty Y/N No
Drive 1 Car Width Blacktop Off-Street Parking On-Street Parking
Standard Status Under Contract
Tax Assessed Value 196200
Town # 1614
Tax Lot 47
Farm Assessment No
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Exterior
Exterior Amenities Curbs Sidewalk Storage StrmDoor FencVnyl
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 3498
Lot Dimensions 35X100
Lot Size Acres 0.08
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* Excluded Features
List By
EULONDIA KAYE REESE-TURNER

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$3,990
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,368
Monthly Property Taxes
$622
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4651203 Elementary School
289009 Middle School
Weequahic High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2025$539,900 Listed Price

Map


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186 Scheerer Ave, Newark, NJ, 07112 is a Multi-Family Home for sale at $539,900 with 3,498 sqft and a lot size of 0.08. 186 Scheerer Ave has 5 bedrooms, 3.0 baths, and was built in 1912. The property's zip code is 07112 which is in Newark, NJ