331 Summer Ave Unit 2 Newark, NJ 07104
Mount Pleasant-Lower Broadway NeighborhoodEstimated Value: $507,000 - $673,000
5
Beds
2
Baths
2,566
Sq Ft
$232/Sq Ft
Est. Value
About This Home
This home is located at 331 Summer Ave Unit 2, Newark, NJ 07104 and is currently estimated at $594,919, approximately $231 per square foot. 331 Summer Ave Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 6, 2002
Sold by
Mika Properties Inc
Bought by
Colon Carlos
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,342
Interest Rate
5.82%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 23, 2000
Sold by
Abc Holdings Corp
Bought by
Mika Properties Inc
Purchase Details
Closed on
Jun 12, 1999
Sold by
Williams Kevin
Bought by
Townes Omar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.65%
Purchase Details
Closed on
Dec 23, 1998
Sold by
Value Realty
Bought by
Williams Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.7%
Purchase Details
Closed on
Dec 1, 1998
Sold by
Ocwen Federal
Bought by
Value Realty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Colon Carlos | $172,000 | -- | |
Mika Properties Inc | $45,000 | -- | |
Mika Properties Inc | $45,000 | -- | |
Townes Omar | $155,000 | -- | |
Williams Kevin | $22,000 | -- | |
Value Realty | $22,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Becker Jason | $246,400 | |
Previous Owner | Colon Carlos | $80,000 | |
Previous Owner | Colon Carlos | $199,342 | |
Previous Owner | Townes Omar | $108,500 | |
Previous Owner | Williams Kevin | $60,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,332 | $223,500 | $26,900 | $196,600 |
2024 | $8,332 | $223,500 | $26,900 | $196,600 |
2022 | $8,350 | $223,500 | $26,900 | $196,600 |
2021 | $6,060 | $162,300 | $26,900 | $135,400 |
2020 | $6,167 | $162,300 | $26,900 | $135,400 |
2019 | $6,104 | $162,300 | $26,900 | $135,400 |
2018 | $5,994 | $162,300 | $26,900 | $135,400 |
2017 | $5,778 | $162,300 | $26,900 | $135,400 |
2016 | $5,583 | $162,300 | $26,900 | $135,400 |
2015 | $5,371 | $162,300 | $26,900 | $135,400 |
2014 | $5,033 | $162,300 | $26,900 | $135,400 |
Source: Public Records
Map
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