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66 Scheerer Ave, Newark, NJ, 07112

5beds
3baths
3,882sqft
$460,000
$118price/sqft
$3,800/moest. monthly cost
$152,000/yrincome needed

About This Home

Bring your vision and creativity to this home full of potential! Perfectly situated in a desirable neighborhood, this property offers a fantastic opportunity for homeowners, investors, or contractors looking to customize and add value.The home features 5 bedrooms, 3 Baths, a spacious living area, and a functional layout ready for your personal touch. With some renovations and updates, this property can easily be transformed into a beautiful modern residence.Additional highlights include a detached garage plus convenient access to schools, shopping, parks, and transportation. Don't miss the chance to make this home your own schedule a showing today!

Getting Around

75
WalkingVery Walkable
61
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

3/10
1/10
Weequahic High SchoolGrades 9-120.8 mi
1/10

Construction

Condition

  • Year built: 1909

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: See Remarks

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Fireplace features: See Remarks
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,882
  • Total interior livable area: 3,882 sqft

Kitchen

  • Features: Galley Type

Property

Details

  • Parcel number: 1614036400000000460000

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 2
  • Parking features: Driveway-Exclusive,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,326$27,912
Home Insurance *$242$2,904
Property Taxes $805$9,660
Electricity $427$5,135
Total$3,800$45,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,285/yr
40% on housing$114,000/yr
45% on housing$101,333/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$118This listing

vs Other Active Listings

Avg $/sqft

ZIP 07112$278
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07112$186
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Price change$490,000
2026-03-26Listed for sale$505,000
2026-03-25Listing removed$505,000
2026-03-06Price change$505,000
2026-02-04Price change$520,000
2025-12-28Listed for sale$535,000
2025-08-15Listing removed$499,000
2025-06-17Listed for sale$499,000
2025-03-14Listing removed$450,000
2024-07-31Listed for sale$450,000
2022-09-01Listing removed--
2022-03-04Price change$399,000
2022-02-22Listed for sale$439,000
2018-09-12Listing removed$92,000
2018-07-16Listed for sale$92,000
2016-02-10Listing removed--
2015-12-25Listed for sale--
2015-11-23Listing removed--
2015-11-20Listed for sale--
2015-10-15Listing removed--
2015-06-26Listed for sale--

For Sale by Agent

AgentRyan Knab
BrokerageColdwell Banker Realty Fle

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