NOT LISTED FOR SALE

171 Summer Ave Unit 2 Newark, NJ 07104

South Broadway Neighborhood

Estimated Value: $410,000 - $536,000

4 Beds
3 Baths
3,147 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 171 Summer Ave Unit 2, Newark, NJ 07104 and is currently estimated at $462,745, approximately $147 per square foot. 171 Summer Ave Unit 2 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and First Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
171 Summer Ave North Newark Llc
Bought by
171 Summer 4118 Llc
Current Estimated Value
$462,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$596,517
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$167,982

Purchase Details

Closed on
Aug 5, 2022
Sold by
Abreu Jose F
Bought by
171 Summer Ave North Newark Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Silva Glaucio
Bought by
Abreu Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,405
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Abreu Magda
Bought by
Silva Glancio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Cruz Ricardo S
Bought by
Abreu Magda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,939
Interest Rate
8.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
171 Summer 4118 Llc -- None Listed On Document
171 Summer Ave North Newark Llc $239,430 New Title Company Name
Abreu Jose $349,900 --
Silva Glancio $180,000 --
Abreu Magda $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 171 Summer 4118 Llc $600,000
Previous Owner 171 Summer Ave North Newark Ll $95,000
Previous Owner 171 Summer Ave North Newark Ll $450,000
Previous Owner Abreu Jose $332,405
Previous Owner Silva Glaucio M $242,000
Previous Owner Silva Glancio $144,000
Previous Owner Abreu Magda $119,939
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
2024 $5,201 $139,500 $30,000 $109,500
2023 $5,212 $139,500 $30,000 $109,500
2022 $5,212 $139,500 $30,000 $109,500
2021 $5,209 $139,500 $30,000 $109,500
2020 $5,301 $139,500 $30,000 $109,500
2019 $5,247 $139,500 $30,000 $109,500
2018 $5,152 $139,500 $30,000 $109,500
2017 $4,966 $139,500 $30,000 $109,500
2016 $4,799 $139,500 $30,000 $109,500
2015 $4,616 $139,500 $30,000 $109,500
2014 $4,326 $139,500 $30,000 $109,500
Source: Public Records

Map

New Jersey Essex County Newark 07104 South Broadway

171 Summer Ave Unit 2, Newark, NJ

This home is located at 171 Summer Ave Unit 2, Newark, NJ 07104 and is currently estimated at $462,745, approximately $147 per square foot. 171 Summer Ave Unit 2 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and First Avenue Elementary 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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