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$549,000 Just Listed
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Property Description
Exceptional Two-Family Property Featuring Three Separate Units, Welcome to this outstanding multi-unit residence offering exceptional space, versatility, and modern upgrades throughout. This beautifully maintained two-family home includes three fully equipped units, making it an excellent opportunity for both homeowners and investors. Unit 1 (Main Level):Features an inviting open-concept living area, three generously sized bedrooms, and one full bathroom, designed for comfortable everyday living. Unit 2:Offers three bedrooms and one full bathroom, providing ample space and functionality. Unit 3:Includes one bedroom and one full bathroom, ideal for additional rental income or extended living arrangements. Throughout the property, you'll find high-end finishes including sleek quartz countertops, stainless steel appliances, and abundant closet space. With modern upgrades and thoughtful design, this home is truly move-in ready.A rare opportunity that combines luxury, space, and income potential schedule your private showing today.
Full Property Details
Full Property Details for 111 Scheerer Ave
General
- Price: $549,000
- Taxes: $6,872 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4005915
- Updated: 1/19/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Garage Description: See Remarks
Location
- County: Essex
- Driving Directions: use waze
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Square Feet: 9,999
- Year Built: 1932
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: See Remarks
Financial Considerations
- Assessment Amount: $155,800
- Land Assmt: $24,900
- Tax Amount: $6,872
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 3666
- Lot Number: 104
Listed by Keller Williams Valley Realty
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Schools
Schools serving 111 Scheerer Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.2 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.5 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.6 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.7 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.9 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.5 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.8 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Scheerer Ave
Date
Details
Price
Change
Source
1/19/2026
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 Scheerer Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,872
2%
$180,700
—
2023
$6,736
—
$180,700
—
2022
$6,751
—
$180,700
—
2021
$6,747
33%
$180,700
—
2021
$5,087
-6%
$180,700
26%
2019
$5,390
2%
$143,300
—
2018
$5,292
4%
$143,300
—
2017
$5,101
3%
$143,300
—
2016
$4,930
4%
$143,300
—
2015
$4,742
12%
$143,300
—
2013
$4,232
—
$143,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 Scheerer Ave
111 Scheerer Ave, Newark, NJ 07112 (MLS# 4005915) is a Multi-Family property with 2 units containing 7 bedrooms and 3 full bathrooms. 111 Scheerer Ave is currently listed for $549,000 and was received on January 19, 2026. Want to learn more about 111 Scheerer Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

