NOT LISTED FOR SALE

243 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $668,879

Studio
-- Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: February 17, 2021

Last sale price $321,000

Est. 108% increase in value since last sale

Current estimated payment $4,650 / mo

77 Days on Market

About This Home

As of February 2021

This home is located at 243 Summer Ave, Newark, NJ 07104 since 28 October 2020 and is currently estimated at $668,879. This property was built in 1867. 243 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

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 10/28/2020

WEICHERT REALTORS - HOME CITY

Last Buyer's Agent

Janethe Cruz

NIGITO REAL ESTATE LLC

Range of Values:

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

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ICE

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First American

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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 1867

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1867

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1867
  • County Name: Essex
  • I D: 5028358
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 24.10X100
  • 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
Oct 28, 2020
Closed on
Feb 16, 2021
Sold by
Narainsammy Ramsammy and Narainsammy Pamela
Bought by
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Janethe Cruz
NIGITO REAL ESTATE LLC
List Price
$324,900
Sold Price
$321,000
Premium/Discount to List
-$3,900
-1.2%
Current Estimated Value
$668,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,879
Avg. Annual Appreciation
14.03%
Original Mortgage
$240,750
Outstanding Balance
$209,851
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$459,028

Purchase Details

Closed on
May 24, 1990
Bought by
Narainsammy Ramsammy and Narainsammy Pamela
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

  • Fernando Leyva Real Estate Agent - Compass New Jersey, LLC-Ridgewood

    Fernando Leyva

    Compass New Jersey, LLC-Ridgewood

    (551) 303-7085

    96 Total Sales

    2 in Mount Pleasant-Lower Broadway

    $420,000 Price Range

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

    Carlos Alex Jesus

    Responds Quickly

    CENTURY 21 VENTURE REAL ESTATE

    (862) 352-7762

    70 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
  • Matthew De Fede Real Estate Agent - REALTY EXECUTIVES ELITE HOMES

    Matthew De Fede

    REALTY EXECUTIVES ELITE HOMES

    (862) 666-3930

    187 Total Sales

    1 in Mount Pleasant-Lower Broadway

    $658,500 Price

    Matthew De Fede
     Section Image
  • Tayllor Cooper Real Estate Agent - COOPER MCKELVEY REAL ESTATE CO.

    Tayllor Cooper

    COOPER MCKELVEY REAL ESTATE CO.

    (908) 320-8447

    26 Total Sales

    1 in Mount Pleasant-Lower Broadway

    $600,000 Price

    Tayllor Cooper
     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
$321,000 Land Title
Narainsammy Ramsammy $92,500 --
Naraimsammy Ramsammy $92,500 --
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 $240,750
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
02/17/2021 02/17/21 Sold $321,000 -1.2% --
01/13/2021 01/13/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $324,900 -- --
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 $10,485 $262,200 $35,200 $227,000
2025 $10,485 $262,200 $35,200 $227,000
2024 $9,775 $262,200 $35,200 $227,000
2022 $9,796 $262,200 $35,200 $227,000
2021 $5,332 $142,800 $35,200 $107,600
2020 $5,426 $142,800 $35,200 $107,600
2019 $5,371 $142,800 $35,200 $107,600
2018 $5,274 $142,800 $35,200 $107,600
2017 $5,084 $142,800 $35,200 $107,600
2016 $4,912 $142,800 $35,200 $107,600
2015 $4,725 $142,800 $35,200 $107,600
2014 $4,428 $142,800 $35,200 $107,600
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo Real Estate Agent - WEICHERT REALTORS - HOME CITY

    Seller's Agent in 2021

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    3 in this area

    223 Total Sales

    Augusto Verissimo
    Section Image

  • JC

    Buyer's Agent in 2021

    Janethe Cruz

    NIGITO REAL ESTATE LLC

    (973) 902-2728

    29 Total Sales

    Janethe Cruz
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3674976

Garden State MLS

APN: 14-00561-0000-00006

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

243 Summer Ave, Newark, NJ

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