NOT LISTED FOR SALE

327 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $395,000 - $514,000

Studio
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold December 18, 2014

Last sale price $125,000

Est. 268% increase in value since last sale

Current estimated payment $2,709/month

About This Home

As of December 2014

This home is located at 327 Summer Ave, Newark, NJ 07104 since 18 December 2014 and is currently estimated at $459,964. 327 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.

Last Agent to Sell the Property

KAREN DINKINS

RE/MAX SELECT Brokerage Phone: 973-575-6700 Listed on: 12/18/2014

RE/MAX SELECT

Last Buyer's Agent

KAREN DINKINS

RE/MAX SELECT Brokerage Phone: 973-575-6700 Listed on: 12/18/2014

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,049 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4477450
  • Attribution Contact: 973-575-6700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X125
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
327 Summer Llc
Bought by
Summer Mazal Llc
Current Estimated Value
$459,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$530,105
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
-$70,141

Purchase Details

Listed on
Dec 18, 2014
Closed on
Dec 18, 2014
Sold by
Mamedor Elman
Bought by
327 Summer Llc
Seller's Agent
KAREN DINKINS
RE/MAX SELECT
Buyer's Agent
KAREN DINKINS
RE/MAX SELECT
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%

Purchase Details

Listed on
Nov 9, 2012
Closed on
Oct 9, 2012
Sold by
Werdi Naiba
Bought by
Mamedor Elman
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
Sold Price
$66,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.87%

Purchase Details

Closed on
Jun 10, 2002
Sold by
Werdi Bailar
Bought by
Werdi Naiba

Purchase Details

Closed on
Jun 15, 1993
Sold by
Werdi Bailar
Bought by
Werdi Bailar and Werdi Naiba

Purchase Details

Closed on
Mar 26, 1991
Sold by
Werdi Bailar and Werdi Camella
Bought by
Werdi Bailor

Purchase Details

Closed on
Jul 10, 1990
Sold by
Werdi Bailar
Bought by
Werdi Bailar and Werdi Camella M
Source: Public Records

Range of Values:

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

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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
Summer Mazal Llc $425,000 Stewart Title
327 Summer Llc $125,000 --
327 Summer Llc $125,000 --
Mamedor Elman $66,500 None Available
Werdi Naiba -- --
Werdi Bailar -- --
Werdi Bailor -- --
Werdi Bailar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summer Mazal Llc $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2014 12/18/14 Sold $125,000 +88.0% --
11/09/2012 11/09/12 Sold $66,500 -- -- View Prior Sale
Source: Garden State MLS

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 $4,101 $110,000 $28,700 $81,300
2024 $4,101 $110,000 $28,700 $81,300
2022 $4,110 $110,000 $28,700 $81,300
2021 $4,107 $110,000 $28,700 $81,300
2020 $4,180 $110,000 $28,700 $81,300
2019 $4,137 $110,000 $28,700 $81,300
2018 $4,062 $110,000 $28,700 $81,300
2017 $3,916 $110,000 $28,700 $81,300
2016 $3,784 $110,000 $28,700 $81,300
2015 $3,640 $110,000 $28,700 $81,300
2014 $3,411 $110,000 $28,700 $81,300
Source: Public Records

Agents Affiliated with this Home

  • KAREN DINKINS

    Seller's Agent in 2014

    KAREN DINKINS

    RE/MAX

    (862) 219-3362

    34 Total Sales

    KAREN DINKINS
    Section Image
  • Nicholas Tselepis

    Seller's Agent in 2012

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    148 Total Sales

    Nicholas Tselepis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3171227

Garden State MLS

APN: 14-00576-0000-00050

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

327 Summer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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