NOT LISTED FOR SALE

109 Summer Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $644,000 - $796,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold September 25, 2019

Last sale price $450,000

Est. 64% increase in value since last sale

Current estimated payment $5,053/month

49 Days on Market

About This Home

As of September 2019

This home is located at 109 Summer Ave, Newark, NJ 07104 since 18 June 2019 and is currently estimated at $740,119. 109 Summer Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and McKinley School.

Last Agent to Sell the Property

David Mohan

RE/MAX SOLUTIONS Brokerage Phone: 973-731-1200 Listed on: 06/18/2019

RE/MAX SOLUTIONS

Co-Listed By

Carl Mohan

RE/MAX SOLUTIONS Brokerage Phone: 973-731-1200

Last Buyer's Agent

LEONARD RAMAUTAR

EXIT PLATINUM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,627

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,627

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 109
  • I D: 4908111
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-731-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X98.8
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 1, 2017
Sold by
Fannie Mae
Bought by
Hogar Community Reinvestment Llc
Seller's Agent
Julio C Perez
LIBERTY REALTY LLC
Buyer's Agent
Julio C Perez
LIBERTY REALTY LLC
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$740,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,119
Avg. Annual Appreciation
29.02%
Original Mortgage
$196,612
Interest Rate
4.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 2004
Sold by
Mateo Cesar
Bought by
Rivera Marcelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,100
Interest Rate
5.71%

Purchase Details

Closed on
Jan 28, 2002
Sold by
Torres Jorge
Bought by
Mateo Ceasar and Mateo Yolanda
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hogar Community Reinvestment Llc $90,000 None Available
Rivera Marcelina $278,100 --
Mateo Ceasar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zenith At Summer Llc $416,000
Closed Hogar Community Reinvestment Llc $196,612
Previous Owner Rivera Marcelina $264,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold $450,000 0.0% --
08/06/2019 08/06/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $450,000 +400.0% --
06/06/2017 06/06/17 Sold $90,000 0.0% --
04/21/2017 04/21/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $90,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,627 $338,700 $21,400 $317,300
2024 $12,627 $338,700 $21,400 $317,300
2022 $12,654 $338,700 $21,400 $317,300
2021 $12,647 $338,700 $21,400 $317,300
2020 $5,879 $154,700 $21,400 $133,300
2019 $5,818 $154,700 $21,400 $133,300
2018 $5,713 $154,700 $21,400 $133,300
2017 $5,507 $154,700 $21,400 $133,300
2016 $5,322 $154,700 $21,400 $133,300
2015 $5,119 $154,700 $21,400 $133,300
2014 $4,797 $154,700 $21,400 $133,300
Source: Public Records

Agents Affiliated with this Home

  • David Mohan

    Seller's Agent in 2019

    David Mohan

    RE/MAX

    (973) 517-2278

    35 Total Sales

    David Mohan
    Section Image
  • Carl Mohan

    Seller Co-Listing Agent in 2019

    Carl Mohan

    RE/MAX

    (973) 280-7705

    3 Total Sales

    Carl Mohan
    Section Image

  • L

    Buyer's Agent in 2019

    LEONARD RAMAUTAR

    EXIT PLATINUM REALTY

  • Julio C Perez

    Seller's Agent in 2017

    Julio C Perez

    LIBERTY REALTY LLC

    (917) 797-2423

    24 Total Sales

    Julio C Perez
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3566656

Garden State MLS

APN: 14-00486-0000-00029

New Jersey Essex County Newark 07104 Seventh Avenue

109 Summer Ave, Newark, NJ

This home is located at 109 Summer Ave, Newark, NJ 07104 since 18 June 2019 and is currently estimated at $740,119. 109 Summer Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and McKinley School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes