NOT LISTED FOR SALE

Estimated Value: $539,000 - $681,000

3 Beds
1 Bath
3,528 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 321 Summer Ave Unit 2, Newark, NJ 07104 and is currently estimated at $620,216, approximately $175 per square foot. 321 Summer Ave Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and Elliott Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2016
Sold by
Sencion Mario
Bought by
Miles Marcus
Current Estimated Value
$620,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.65%

Purchase Details

Closed on
Jan 10, 2012
Sold by
321 Summer Ave Realty Llc
Bought by
Sencion Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2011
Sold by
Elias Israel and Reyes Maria
Bought by
321 Summer Avenue Llc

Purchase Details

Closed on
Nov 21, 1996
Sold by
Ferreira Joao
Bought by
Elias Israel and Elias Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Miles Marcus $325,000 --
Sencion Mario $200,000 Or
321 Summer Avenue Llc $60,000 Chicago Title Insurance Co
Elias Israel $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teg Property Management Llc $487,500
Open Teg Property Management $4,605,525
Closed Teg Property Management $225,000
Previous Owner Miles Marcus --
Previous Owner Sencion Mario $194,930
Previous Owner Elias Israel $400,500
Previous Owner Reyes Maria T $50,000
Previous Owner Elias Isracl $300,000
Previous Owner Elias Israel $105,000
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
2024 $7,128 $191,200 $27,200 $164,000
2022 $7,143 $191,200 $27,200 $164,000
2021 $7,139 $191,200 $27,200 $164,000
2020 $7,266 $191,200 $27,200 $164,000
2019 $7,191 $191,200 $27,200 $164,000
2018 $7,061 $191,200 $27,200 $164,000
2017 $6,807 $191,200 $27,200 $164,000
2016 $6,577 $191,200 $27,200 $164,000
2015 $6,327 $191,200 $27,200 $164,000
2014 $5,929 $191,200 $27,200 $164,000
Source: Public Records

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