$625,000
SOLD MAY 1, 2025

212 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Recently Sold

2% Below List Price

51 Days on Market

About This Home

As of May 2025

This home is located at 212 Summer Ave, Newark, NJ 07104 and is currently priced at $625,000. 212 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

Martyna Rembarz

REAL Brokerage Phone: 855-450-0442 Listed on: 01/31/2025

Co-Listed By

HASAN MUWAKKIL

REAL Brokerage Phone: 855-450-0442

Last Buyer's Agent

Jholdy Cabrera

PREMIER HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,229

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,229

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 212
  • I D: 5335618
  • Modified: 2025-05-01
  • Number Images: 0
  • Attribution Contact: 855-450-0442
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 22.3X100
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 15, 2025
Sold by
Swartz Capital Llc
Bought by
Abreu Juan Rafael
Seller's Agent
Martyna Rembarz
REAL
Buyer's Agent
Jholdy Cabrera
PREMIER HOMES
List Price
$639,000
Sold Price
$625,000
Premium/Discount to List
-$14,000
-2.19%
Views
60
Current Estimated Value
$606,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,260
Avg. Annual Appreciation
-7.14%
Original Mortgage
$613,679
Outstanding Balance
$611,506
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
-$4,766

Purchase Details

Closed on
Apr 27, 2021
Sold by
Scharfbed Llc
Bought by
Swartz Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2019
Closed on
Sep 13, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Scharfbed Llc
Seller's Agent
ALMA BILLINGS
WEICHERT REALTORS
Buyer's Agent
CHRISTOPHER ANDRES
COLDWELL BANKER REALTY
List Price
$84,500
Sold Price
$120,000
Premium/Discount to List
$35,500
42.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.43%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Mtglq Investors Lp
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Melendez Eddie
Bought by
Azcona Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2005
Sold by
Champion Mtg
Bought by
Melendez Eddie

Purchase Details

Closed on
Oct 28, 2002
Sold by
Mateo Abner
Bought by
Otero Candelario

Purchase Details

Closed on
Dec 13, 2001
Sold by
Marchene Francisco
Bought by
Mateo Abner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.08%

Purchase Details

Closed on
Jul 3, 1991
Sold by
Cruz Rosa
Bought by
Marchena Francisco
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Deed $625,000 Worldwide Title
Deed $535,000 Elite Title
Deed $120,000 Chicago Title
Quit Claim Deed -- Old Republic Title
Deed $265,000 --
Deed $154,000 --
Deed -- --
Deed $170,000 --
Deed $89,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $613,679 FHA
Previous Owner $378,750 New Conventional
Previous Owner $212,000 Adjustable Rate Mortgage/ARM
Previous Owner $136,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $625,000 -2.2% --
03/23/2025 03/23/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $639,000 +432.5% --
10/21/2019 10/21/19 Sold $120,000 +42.0% --
09/14/2019 09/14/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $84,500 -- --
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
2025 $7,229 $193,900 $34,200 $159,700
2024 $7,229 $193,900 $34,200 $159,700
2022 $7,244 $193,900 $34,200 $159,700
2021 $4,395 $117,700 $34,200 $83,500
2020 $4,473 $117,700 $34,200 $83,500
2019 $4,427 $117,700 $34,200 $83,500
2018 $4,347 $117,700 $34,200 $83,500
2017 $4,190 $117,700 $34,200 $83,500
2016 $4,049 $117,700 $34,200 $83,500
2015 $3,895 $117,700 $34,200 $83,500
2014 $3,650 $117,700 $34,200 $83,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Martyna Rembarz

    REAL

    (551) 399-9946

    1 in this area

    1 Total Sale

    Martyna Rembarz
    Section Image

  • H

    Seller Co-Listing Agent in 2025

    HASAN MUWAKKIL

    REAL

  • J

    Buyer's Agent in 2025

    Jholdy Cabrera

    PREMIER HOMES

    (973) 444-9788

    1 in this area

    13 Total Sales

    Jholdy Cabrera
    Section Image

  • A

    Seller's Agent in 2019

    ALMA BILLINGS

    WEICHERT REALTORS

  • C

    Buyer's Agent in 2019

    CHRISTOPHER ANDRES

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3943837

Garden State MLS

APN: 14-00527-0000-00028

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

212 Summer Ave, Newark, NJ

This home is located at 212 Summer Ave, Newark, NJ 07104 and is currently priced at $625,000. 212 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin 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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Information deemed reliable but not guaranteed.
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