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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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14-16 Scheerer Ave , Newark City, NJ 07112
$582,000
Est. Payment: $2,997.31/mo
6 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 16
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Susan Maryanski
Operator

House Description

Turn this Center Hall Colonial into a dream home. Located in the desirable Weequahic neighborhood, this single-family residence offers tremendous upside for investors or owner-occupants looking to customize a home. The home has 3 kitchens, 3 full bathrooms and 2 living rooms. The vacant first floor has already had some improvements, including fresh paint and offers a functional layout featuring a foyer, living room, two bedrooms, full bathroom, kitchen with pantry and laundry hookup. The second floor includes three bedrooms, a full bathroom, an additional kitchen, and access to a walk-up attic with potential for expanded living space. ADU permitted,$40K grant available. The above-ground basement is currently occupied and includes an additional full bathroom. Ideally situated near Weequahic Park, public transportation, major highways, shopping, restaurants, schools, and houses of worship. The property is also just minutes from the exciting Lionsgate Studios development, bringing continued investment to the surrounding area. Property is being sold strictly AS IS.** Seller will make no repairs, replacements, or offer credits. Buyer is responsible for obtaining all required municipal inspections and certificates required to close. Cash or renovation loan financing is strongly preferred. Buyers are encouraged to perform their own due diligence regarding zoning, and future use. Don't miss this opportunity to unlock the potential this classic Newark Colonial has to offer!

Highlights

Listed by MARSHA BOWEN-WASHINGTON , MP COLDWELL BANKER REALTY , 973-994-4323. Garden State MLS

Property Type

Residential

Lot/Acreage
0.11

Year Built

1921

County

Essex

Neighborhood

Weequahic

Listing ID

4047847

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Microwave Oven, Range/Oven-Gas
Floor:Carpeting,Tile,Vinyl-Linoleum,Wood
Basement:Finished
Other:
  • Additional:Blinds, StallShw, TubShowr, Pets Allowed
Water:Public Water

Exterior Features

Lot Dimensions:50X100
Roof:Asphalt Shingle
Others:
  • Additional:Open Porch(es), Brick, Vinyl Siding, On-Street Parking
Sewer:Public Sewer
Parking Features:Carport-Attached
Principal Interest
$2,997
Taxes
$655

Home Price

$582,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$116,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,997.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,997.31 $654.50 $0.00 $3,651.81
Yearly $35,967.77 $7,854.00 $0.00 $43,821.77
Total $1,079,033.16 $235,620.00 $0.00 $1,314,653.16

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-05T12:59:16.000Z

© 2026 Garden State MLS