NOT LISTED FOR SALE

116 Summer Ave Unit 1 Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $599,688 - $763,000

3 Beds
1 Bath
2,446 Sq Ft
$266/Sq Ft Est. Value

About This Home

This home is located at 116 Summer Ave Unit 1, Newark, NJ 07104 and is currently estimated at $651,672, approximately $266 per square foot. 116 Summer Ave Unit 1 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and McKinley School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
116 Summer Llc
Bought by
Rubio Daniel A and Rubio Martha
Current Estimated Value
$651,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$284,635
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$367,037

Purchase Details

Closed on
Nov 27, 2019
Sold by
Durante Angelo
Bought by
116 Summer Llc

Purchase Details

Closed on
Apr 25, 2019
Sold by
Barbosa Maria R and Barbosa Antonio M
Bought by
Durante Angelo

Purchase Details

Closed on
Aug 18, 1981
Bought by
Barbosa Maria
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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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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
Rubio Daniel A $420,000 Land Title
116 Summer Llc $280,000 First American Title
Durante Angelo $200,000 --
Barbosa Maria $9,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio Daniel A $315,000
Previous Owner Barbosa Antonio M $100,000
Source: Public Records

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 $9,782 $262,400 $21,400 $241,000
2024 $9,782 $262,400 $21,400 $241,000
2022 $9,803 $262,400 $21,400 $241,000
2021 $8,211 $219,900 $21,400 $198,500
2020 $5,765 $151,700 $21,400 $130,300
2019 $5,705 $151,700 $21,400 $130,300
2018 $5,602 $151,700 $21,400 $130,300
2017 $5,401 $151,700 $21,400 $130,300
2016 $5,218 $151,700 $21,400 $130,300
2015 $5,020 $151,700 $21,400 $130,300
2014 $4,704 $151,700 $21,400 $130,300
Source: Public Records

Map

New Jersey Essex County Newark 07104 Seventh Avenue

116 Summer Ave Unit 1, Newark, NJ

This home is located at 116 Summer Ave Unit 1, Newark, NJ 07104 and is currently estimated at $651,672, approximately $266 per square foot. 116 Summer Ave Unit 1 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.

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