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136 Shephard Avenue

136 Shephard Avenue, Newark, NJ 07112
House in Weequahic
Sold Mar 16, 2020
$140,000
$376,000 by Lima One Capital Llc
Mortgage Due Apr 01, 2052
Sold Nov 22, 1976
Transfer
Buyer
136 Shephard Avenue has been categorized by the local assessors in Newark, NJ as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The building has a total of 3 stories. In addition, 136 Shephard Avenue has 2,521 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 376 ft. The area measurement of the land has been determined as 3,759 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Feb 25, 2020 for $140,000. That's $55.53 per sqft. 136 Shephard Avenue was last assessed in 2022. The total value of the property was assessed at $162,800. Specifically, the land the property is located on was valued at $29,100. While improvements on the property were assessed at a total of $133,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,082. The initial tax year of delinquency was in 2017. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Building Style

Colonial

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,759
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 376
  • Total Building Area: 2,521
  • Building Area: 2,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 136 SCHEERER LLC
  • Previous Owner : LUCAS THERESA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 004900

Geography

  • Assessors Map Reference: TAX MAP 109
  • District: 14
  • Parcel: 14 03665-0000-00022
  • Block: 3665
  • Lot: 22
  • Municipality: NEWARK CITY
  • Latitude: 40.7111
  • Longitude: -74.2077

    Address

  • Full Address: 136 Scheerer Ave
  • Address - House Number: 136
  • Address - Street Name: Scheerer
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C054
  • 4-Digit Zip Code: 2114
  • Zip Code: 07112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,082
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 441,478
  • High Value: 536,162
  • Low Value: 346,793

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,000
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Apr 28, 2022
  • First Open Lien Mortgage Loan Amount: $376,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $162,800
  • Market Land Value: $29,100
  • Market Improvement Value: $133,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $162,800
  • Assessed Land Value: $29,100
  • Assessed Improvements Value: $133,700

    Sales

  • Current Sale Contract Date: Feb 25, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Transaction ID: 11761234511
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020029367
  • Previous Sale Recording Date: Nov 22, 1976
  • Previous Sale Contract Date: Nov 22, 1976
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Mortgage Transaction Date: Mar 16, 2020
  • First Mortgage Loan Amount: $266,225
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 136 Shephard Avenue located in?
The 136 Shephard Avenue is a house located in the neighborhood of Weequahic in Weequahic, Newark.
What is the average sales price for listings in 136 Shephard Avenue?
The average sales price for units in 136 Shephard Avenue is $0 currently.

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