NOT LISTED FOR SALE

158 Summer Ave Unit 3 Newark, NJ 07104

South Broadway Neighborhood

Estimated Value: $414,391 - $624,000

-- Bed
3 Baths
2,595 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $137,500 $53 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $3,372/month

43 Days on Market

About This Home

As of October 2016

This home is located at 158 Summer Ave Unit 3, Newark, NJ 07104 since 21 July 2016 and is currently estimated at $547,098, approximately $210 per square foot. This property was built in 1892. 158 Summer Ave Unit 3 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and First Avenue Elementary School.

Last Agent to Sell the Property

Ivan Gutierrez

BORAIE REALTY LLC Listed on: 07/21/2016

Last Buyer's Agent

Ivan Gutierrez

BORAIE REALTY LLC Listed on: 07/21/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 1892

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,633

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Year Built: 1892
  • County Name: Essex
  • Street Number Display: 158
  • I D: 4644586
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Oct 20, 2016
Sold by
Zahner John A
Bought by
158 Summer Ave Llc
Seller's Agent
Ivan Gutierrez
BORAIE REALTY LLC
Buyer's Agent
Ivan Gutierrez
BORAIE REALTY LLC
List Price
$167,000
Sold Price
$137,500
Premium/Discount to List
-$29,500
-17.66%
Total Days on Market
43
Current Estimated Value
$547,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,598
Avg. Annual Appreciation
17.33%
Original Mortgage
$178,290
Interest Rate
4.03%

Purchase Details

Closed on
Nov 14, 2000
Source: Public Records

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Range of Values:

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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
158 Summer Ave Llc $137,500 Guardian Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 158 Summer Avenue Llc $330,000
Open 158 Summer Ave Llc $1,050,000
Closed 158 Summer Ave Llc $0
Closed 158 Summer Ave Llc $178,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $137,500 -17.7% $53 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $167,000 -- $64 / Sq Ft
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
2024 $5,633 $151,100 $33,800 $117,300
2022 $5,645 $151,100 $33,800 $117,300
2021 $5,642 $151,100 $33,800 $117,300
2020 $5,742 $151,100 $33,800 $117,300
2019 $5,683 $151,100 $33,800 $117,300
2018 $5,580 $151,100 $33,800 $117,300
2017 $5,379 $151,100 $33,800 $117,300
2016 $5,198 $151,100 $33,800 $117,300
2015 $5,000 $151,100 $33,800 $117,300
2014 $4,686 $151,100 $33,800 $117,300
Source: Public Records

Agents Affiliated with this Home

  • Ivan Gutierrez

    Seller's Agent in 2016

    Ivan Gutierrez

    BORAIE REALTY LLC

    (732) 310-3642

    80 Total Sales

    Ivan Gutierrez
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Map

Source: Garden State MLS

MLS Number: 3324063

Garden State MLS

APN: 14-00518-0000-00009

New Jersey Essex County Newark 07104 South Broadway

158 Summer Ave Unit 3, Newark, NJ

This home is located at 158 Summer Ave Unit 3, Newark, NJ 07104 since 21 July 2016 and is currently estimated at $547,098, approximately $210 per square foot. This property was built in 1892. 158 Summer Ave Unit 3 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and First Avenue Elementary School.

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