NOT LISTED FOR SALE

216 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $663,252 - $777,000

Studio
-- Bath
3,108 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2020

Last sale price $350,000 $113 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,897 / mo

57 Days on Market

About This Home

As of May 2020

This home is located at 216 Summer Ave, Newark, NJ 07104 since 13 January 2020 and is currently estimated at $727,313, approximately $234 per square foot. This property was built in 1877. 216 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

Alfredo Silva

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 973-268-4000 Listed on: 01/13/2020

KELLER WILLIAMS PARK VIEWS

Last Buyer's Agent

NOAH GOLDBERG

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1877

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1877

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1877
  • County Name: Essex
  • I D: 4954833
  • Attribution Contact: 973-268-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

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

Listed on
Jan 13, 2020
Closed on
Apr 29, 2020
Sold by
Bought by
Seller's Agent
Alfredo Silva
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
NOAH GOLDBERG
REDFIN CORPORATION
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$727,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,313
Avg. Annual Appreciation
12.56%
Original Mortgage
$280,000
Interest Rate
0.035%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2008

Purchase Details

Closed on
Jul 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.0787%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
0.07%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 1991
Sold by
Bought by
Source: Public Records

Range of Values:

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

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ICE

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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

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
$350,000 Ats Title Agency Inc
$425,000 Lotus Title Agency
$425,000 --
$350,000 --
$238,500 --
$100 --
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 $280,000
Previous Owner $280,000
Previous Owner $190,800
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
05/07/2020 05/07/20 Sold $350,000 -6.7% $113 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $375,000 -- $121 / Sq Ft
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 $11,341 $283,600 $35,600 $248,000
2025 $11,341 $283,600 $35,600 $248,000
2024 $10,573 $283,600 $35,600 $248,000
2022 $10,595 $283,600 $35,600 $248,000
2021 $10,590 $283,600 $35,600 $248,000
2020 $6,114 $160,900 $35,600 $125,300
2019 $6,051 $160,900 $35,600 $125,300
2018 $5,942 $160,900 $35,600 $125,300
2017 $5,728 $160,900 $35,600 $125,300
2016 $5,535 $160,900 $35,600 $125,300
2015 $5,324 $160,900 $35,600 $125,300
2014 $4,990 $160,900 $35,600 $125,300
Source: Public Records

Agents Affiliated with this Home

  • Alfredo Silva

    Seller's Agent in 2020

    Alfredo Silva

    KELLER WILLIAMS PARK VIEWS

    (973) 268-4000

    1 in this area

    47 Total Sales

    Alfredo Silva
    Section Image

  • N

    Buyer's Agent in 2020

    NOAH GOLDBERG

    REDFIN CORPORATION

See All Agents

Map

Source: Garden State MLS

MLS Number: 3609453

Garden State MLS

APN: 14-00527-0000-00026

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

216 Summer Ave, Newark, NJ

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