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6 Beds
3 Baths

$550,000

14-16 Scheerer Ave, Newark City NJ, 07112

Built in1921
Property typeResidential

Overview

Active

Listed Aug 19, 2026

Updated 27h ago

JUST REDUCED. Seller concession for $10K available. Located in the desirable Weequahic neighborhood, this single-family residence offers tremendous upside for an owner-occupant looking to customize a home or an owner looking to house hack. 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. Buyer is responsible for obtaining all required municipal inspections and certificates required to close. 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! Make your appointment today

$3,659/mo

Est. mortgage payment based on a $550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4047847
Available since
August 19, 2026

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$7,854
Tax Frequency
Annually

 

Courtesy of Marsha Bowen Washington

Based on information from DASH - Coldwell Banker (CB) as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 9:17 AM UTC, 10/10/2026

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