NOT LISTED FOR SALE

159 Summer Ave Newark, NJ 07104

South Broadway Neighborhood

Estimated Value: $420,835 - $569,000

-- Bed
-- Bath
2,615 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $125,000 $48 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $3,424/month

30 Days on Market

About This Home

As of June 2017

This home is located at 159 Summer Ave, Newark, NJ 07104 since 21 February 2017 and is currently estimated at $522,959, approximately $199 per square foot. This property was built in 1952. 159 Summer Ave 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

Silvio Lavrador

RE/MAX SELECT Brokerage Phone: 973-762-9000 Listed on: 02/21/2017

RE/MAX SELECT

Co-Listed By

THOMAS CAMPBELL

REALTY 33, LLC Brokerage Phone: 973-762-9000

Last Buyer's Agent

Silvio Lavrador

RE/MAX SELECT Brokerage Phone: 973-762-9000 Listed on: 02/21/2017

RE/MAX SELECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
May 31, 2017
Sold by
Lopez Melinda B and Negron Luz E
Bought by
Dannys Realty Limited Liability Company
Seller's Agent
Silvio Lavrador
RE/MAX SELECT
Buyer's Agent
Silvio Lavrador
RE/MAX SELECT
List Price
$119,000
Sold Price
$125,000
Premium/Discount to List
$6,000
5.04%
Total Days on Market
30
Current Estimated Value
$522,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,959
Avg. Annual Appreciation
18.54%
Source: Public Records

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Range of Values:

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Average Value
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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
Dannys Realty Limited Liability Company $125,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $125,000 +5.0% $48 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $119,000 -- $46 / 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 $6,002 $161,000 $35,600 $125,400
2022 $6,015 $161,000 $35,600 $125,400
2021 $6,012 $161,000 $35,600 $125,400
2020 $6,118 $161,000 $35,600 $125,400
2019 $6,055 $161,000 $35,600 $125,400
2018 $5,946 $161,000 $35,600 $125,400
2017 $5,732 $161,000 $35,600 $125,400
2016 $5,538 $161,000 $35,600 $125,400
2015 $5,327 $161,000 $35,600 $125,400
2014 $4,993 $161,000 $35,600 $125,400
Source: Public Records

Agents Affiliated with this Home

  • Silvio Lavrador

    Seller's Agent in 2017

    Silvio Lavrador

    RE/MAX

    (908) 591-1433

    75 Total Sales

    Silvio Lavrador
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    THOMAS CAMPBELL

    REALTY 33, LLC

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Map

Source: Garden State MLS

MLS Number: 3366100

Garden State MLS

APN: 14-00516-0000-00011

New Jersey Essex County Newark 07104 South Broadway

159 Summer Ave, Newark, NJ

This home is located at 159 Summer Ave, Newark, NJ 07104 since 21 February 2017 and is currently estimated at $522,959, approximately $199 per square foot. This property was built in 1952. 159 Summer Ave 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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