NOT LISTED FOR SALE

123 Summer Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $487,746

-- Bed
-- Bath
-- Sq Ft
-- Built

About This Home

This home is located at 123 Summer Ave, Newark, NJ 07104 and is currently estimated at $487,746. 123 Summer Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and Dr. William H. Horton School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
Velez Inocencio
Bought by
123 Summer Ave Llc
Current Estimated Value
$487,746

Purchase Details

Closed on
Dec 10, 2010
Sold by
123 Summer Associates Llc
Bought by
Velez Inocencio

Purchase Details

Closed on
Jun 17, 2010
Sold by
Aguada Corporation and Lopez Ruben
Bought by
123 Summer Associates Llc

Purchase Details

Closed on
Aug 24, 2005
Sold by
Vazquez Carmen
Bought by
Aguada Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 1990
Sold by
Ortega Benigno and Ortega Maria
Bought by
Tellez Helidoro S and Tellez Vazquez,Nola
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
123 Summer Ave Llc -- None Available
Velez Inocencio $350,000 Journeyman Title Agency Inc
123 Summer Associates Llc $180,000 Independence Abstract & Titl
Aguada Corp $330,000 --
Tellez Helidoro S $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguada Corp $198,000
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 $9,980 $267,700 $81,000 $186,700
2024 $9,980 $267,700 $81,000 $186,700
2022 $10,001 $267,700 $81,000 $186,700
2021 $9,996 $267,700 $81,000 $186,700
2020 $11,423 $300,600 $81,000 $219,600
2019 $11,306 $300,600 $81,000 $219,600
2018 $11,101 $300,600 $81,000 $219,600
2017 $10,701 $300,600 $81,000 $219,600
2016 $10,341 $300,600 $81,000 $219,600
2015 $9,947 $300,600 $81,000 $219,600
2014 $9,322 $300,600 $81,000 $219,600
Source: Public Records

Map

New Jersey Essex County Newark 07104 Seventh Avenue

123 Summer Ave, Newark, NJ

This home is located at 123 Summer Ave, Newark, NJ 07104 and is currently estimated at $487,746. 123 Summer Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and Dr. William H. Horton School.

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