NOT LISTED FOR SALE

242 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $454,000 - $601,000

6 Beds
3 Baths
2,322 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 242 Summer Ave, Newark, NJ 07104 and is currently estimated at $510,040, approximately $219 per square foot. 242 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Shia Real Estate Llc
Bought by
Islam Shiamoon M
Current Estimated Value
$503,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Outstanding Balance
$164,420
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$345,620

Purchase Details

Closed on
Jul 2, 2020
Sold by
Esparza Ivan and Esparza Damaris
Bought by
Shia Real Estate Llc

Purchase Details

Closed on
Aug 8, 2008
Sold by
Esparza Ivan
Bought by
Esparza Ivan and Esparza Damaris

Purchase Details

Closed on
Feb 7, 2005
Sold by
Pinto Anna
Bought by
Diconstanzo Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,250
Interest Rate
5.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 30, 2002
Sold by
Gerstenmeier Arthur
Bought by
Pinto Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
6.27%
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
Islam Shiamoon M -- Safe Land Title Agency Llc
Shia Real Estate Llc $145,000 Safe Land Title Agency Llc
Esparza Ivan -- Bailey Title
Diconstanzo Andrea $155,000 --
Pinto Anna $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Shiamoon M $100,000
Open Islam Shiamoon M $182,500
Previous Owner Diconstanzo Andrea $23,250
Previous Owner Diconstanzo Andrea $116,250
Previous Owner Pinto Anna $74,700
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
2025 $4,377 $117,400 $35,500 $81,900
2024 $4,377 $117,400 $35,500 $81,900
2022 $4,386 $117,400 $35,500 $81,900
2021 $4,384 $117,400 $35,500 $81,900
2020 $4,461 $117,400 $35,500 $81,900
2019 $4,415 $117,400 $35,500 $81,900
2018 $4,336 $117,400 $35,500 $81,900
2017 $4,179 $117,400 $35,500 $81,900
2016 $4,039 $117,400 $35,500 $81,900
2015 $3,885 $117,400 $35,500 $81,900
2014 $3,641 $117,400 $35,500 $81,900
Source: Public Records

Map

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

242 Summer Ave, Newark, NJ

This home is located at 242 Summer Ave, Newark, NJ 07104 and is currently estimated at $510,040, approximately $219 per square foot. 242 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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