NOT LISTED FOR SALE

188 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $477,000 - $559,000

5 Beds
3 Baths
-- Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: October 18, 2023

Last sale price $400,000

Est. 26% increase in value since last sale

Current estimated payment $3,304 / mo

124 Days on Market

About This Home

As of October 2023

This home is located at 188 Summer Ave, Newark, NJ 07104 since 05 April 2023 and is currently estimated at $504,092. This property was built in 1877. 188 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Last Agent to Sell the Property

Michael Rosa

ROSA AGENCY Brokerage Phone: 973-589-7550 Listed on: 04/05/2023

Last Buyer's Agent

Lida Guerra

NEW DIRECTION REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1877

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1877

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Year Built: 1877
  • County Name: Essex
  • I D: 5212734
  • Attribution Contact: 973-589-7550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 16.9X100
  • Total Acres: 0.04

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Tamaquiza Cesar and Toapanta Mirian A
Bought by
Current Estimated Value
$504,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$291,214
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$212,878

Purchase Details

Listed on
Apr 5, 2023
Closed on
Oct 17, 2023
Sold by
Dillard Aiden
Bought by
Tamaquiza Cesar A and Toapanta Mirian A
Seller's Agent
Michael Rosa
ROSA AGENCY
Buyer's Agent
Lida Guerra
NEW DIRECTION REALTY
List Price
$389,000
Sold Price
$400,000
Premium/Discount to List
$11,000
2.83%
Views
305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$280,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2020
Closed on
Jan 22, 2021
Sold by
Dibartolo Maria
Bought by
Dillard Aiden
Seller's Agent
RASHIDAH JENIOUS
SAMSEL & ASSOCIATES
Buyer's Agent
RASHIDAH JENIOUS
SAMSEL & ASSOCIATES
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.64%
Original Mortgage
$161,250
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2016
Closed on
Jun 15, 2017
Sold by
Zahner John A
Bought by
Dibartolo Maria
Seller's Agent
Ivan Gutierrez
BORAIE REALTY LLC
Buyer's Agent
Ivan Gutierrez
BORAIE REALTY LLC
List Price
$147,000
Sold Price
$124,000
Premium/Discount to List
-$23,000
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$93,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2000
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mount Pleasant-Lower Broadway, NJ

  • TOVIA LICHTMAN Real Estate Agent - KELLER WILLIAMS MID-TOWN DIRECT REALTY

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT REALTY

    (866) 614-1061

    312 Total Sales

    1 in Mount Pleasant-Lower Broadway

    $455,000 Price

    TOVIA LICHTMAN
     Section Image
  • Jazmine Clausen-Soir Real Estate Agent - BHGRE ELITE

    Jazmine Clausen-Soir

    BHGRE ELITE

    (848) 283-6635

    60 Total Sales

    2 in Mount Pleasant-Lower Broadway

    $250,000 Price Range

    Jazmine Clausen-Soir
     Section Image
  • Fernando Leyva Real Estate Agent - Compass New Jersey, LLC-Ridgewood

    Fernando Leyva

    Compass New Jersey, LLC-Ridgewood

    (551) 303-7085

    91 Total Sales

    2 in Mount Pleasant-Lower Broadway

    $420,000 Price Range

    Fernando Leyva
     Section Image
  • Carlos Alex Jesus Real Estate Agent - CENTURY 21 VENTURE REAL ESTATE

    Carlos Alex Jesus

    CENTURY 21 VENTURE REAL ESTATE

    (862) 352-7762

    69 Total Sales

    1 in Mount Pleasant-Lower Broadway

    $425,000 Price

    Carlos Alex Jesus
     Section Image
  • Luis Morales Real Estate Agent - Real

    Luis Morales

    Real

    (973) 791-8793

    18 Total Sales

    3 in Mount Pleasant-Lower Broadway

    $510K - $545K Price Range

    Luis Morales
     Section Image
  • Yolie Dantel Real Estate Agent - KELLER WILLIAMS CITY LIFE REALTY

    Yolie Dantel

    KELLER WILLIAMS CITY LIFE REALTY

    (866) 790-4864

    53 Total Sales

    2 in Mount Pleasant-Lower Broadway

    $320,000 Price Range

    Yolie Dantel
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Hometown Title
Tamaquiza Cesar A $400,000 Carnegie Title
Dillard Aiden $215,000 Acres Land Title Agency Inc
Dibartolo Maria $124,000 None Available
-- -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $296,000
Previous Owner Tamaquiza Cesar A $280,000
Previous Owner Dillard Aiden $161,250
Previous Owner Dibartolo Maria $93,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $400,000 +2.8% --
08/07/2023 08/07/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $389,000 +80.9% --
01/28/2021 01/28/21 Sold $215,000 0.0% -- View Prior Sale
11/23/2020 11/23/20 Pending -- -- --
11/14/2020 11/14/20 Price Changed $215,000 0.0% --
11/14/2020 11/14/20 For Sale $215,000 -2.3% --
10/08/2020 10/08/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $220,000 -8.3% --
08/02/2020 08/02/20 For Sale $240,000 +93.5% --
06/19/2017 06/19/17 Sold $124,000 -15.6% -- View Prior Sale
03/28/2017 03/28/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $147,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,278 $157,000 $31,800 $125,200
2025 $6,278 $157,000 $31,800 $125,200
2024 $5,853 $157,000 $31,800 $125,200
2022 $5,866 $157,000 $31,800 $125,200
2021 $4,178 $111,900 $31,800 $80,100
2020 $4,252 $111,900 $31,800 $80,100
2019 $4,209 $111,900 $31,800 $80,100
2018 $4,132 $111,900 $31,800 $80,100
2017 $3,984 $111,900 $31,800 $80,100
2016 $3,849 $111,900 $31,800 $80,100
2015 $3,703 $111,900 $31,800 $80,100
2014 $3,470 $111,900 $31,800 $80,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Rosa Real Estate Agent - ROSA AGENCY

    Seller's Agent in 2023

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    2 in this area

    123 Total Sales

    Michael Rosa
    Section Image

  • LG

    Buyer's Agent in 2023

    Lida Guerra

    NEW DIRECTION REALTY

    (833) 984-4663

    1 in this area

    26 Total Sales

    Lida Guerra
    Section Image

  • RJ

    Seller's Agent in 2021

    RASHIDAH JENIOUS

    SAMSEL & ASSOCIATES

  • Ivan Gutierrez Real Estate Agent - BORAIE REALTY LLC

    Seller's Agent in 2017

    Ivan Gutierrez

    BORAIE REALTY LLC

    (732) 310-3642

    67 Total Sales

    Ivan Gutierrez
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3836749

Garden State MLS

APN: 14-00529-0000-00022

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

188 Summer Ave, Newark, NJ

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Information deemed reliable but not guaranteed.
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Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



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