NOT LISTED FOR SALE

337 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $497,000 - $714,000

Studio
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold March 18, 2019

Last sale price $245,000

Est. 143% increase in value since last sale

Current estimated payment $3,613/month

235 Days on Market

About This Home

As of March 2019

This home is located at 337 Summer Ave, Newark, NJ 07104 since 25 June 2018 and is currently estimated at $594,900. 337 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

Francisco Gomes

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 908-325-5060 Listed on: 06/25/2018

KELLER WILLIAMS CITY VIEWS REALTY

Co-Listed By

Anthony Marin

MIG REAL ESTATE Brokerage Phone: 908-325-5060

Last Buyer's Agent

JOSE SANCHEZ

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,178 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4816134
  • Attribution Contact: 908-325-5060
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 20X110
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Mar 15, 2019
Sold by
Summer Ave Properties Llc
Bought by
Perez Luisa M and Sanchez Sundra M
Seller's Agent
Francisco Gomes
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
JOSE SANCHEZ
REALTY ONE GROUP LEGEND
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$594,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,900
Avg. Annual Appreciation
13.53%

Purchase Details

Listed on
Jun 4, 2016
Closed on
Sep 29, 2016
Sold by
Crespo Yajaira
Bought by
Summer Ave Properties Llc
Seller's Agent
RUBY LOMBARDO
BH & G REAL ESTATE MATURO
Buyer's Agent
Anthony Marin
MIG REAL ESTATE
List Price
$165,000
Sold Price
$136,000
Premium/Discount to List
-$29,000
-17.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.54%

Purchase Details

Listed on
May 23, 2012
Closed on
May 22, 2012
Sold by
Pereira Simao
Bought by
Crespo Yajaira
Seller's Agent
HUMBERTO FRAGOSO
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
JOSE SANTIAGO
EXP REALTY, LLC
Sold Price
$112,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$117,826
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2009
Sold by
Us Bank National Association
Bought by
Pereira Simao

Purchase Details

Closed on
Feb 7, 2008
Sold by
Reyes Yesenia
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 23, 1998
Sold by
Garden Construction
Bought by
Hernandez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,788
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1998
Sold by
Federal Home
Bought by
400 Summer Ave Llc

Purchase Details

Closed on
Aug 28, 1990
Sold by
Torres Abraham
Bought by
Constantino Anselmo I
Source: Public Records

Range of Values:

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

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ICE

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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
Perez Luisa M $245,000 Riverview Title
Summer Ave Properties Llc $136,000 None Available
Crespo Yajaira $120,000 Wfg National Title Ins Co
Pereira Simao $55,000 None Available
Us Bank Na -- None Available
Hernandez Maria $136,000 --
400 Summer Ave Llc -- --
Constantino Anselmo I $103,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crespo Yajaira $117,826
Previous Owner Hernandez Maria $135,788
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2019 03/18/19 Sold $245,000 -2.0% --
02/15/2019 02/15/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $250,000 0.0% --
01/09/2019 01/09/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $250,000 0.0% --
08/03/2018 08/03/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $250,000 +83.8% --
10/14/2016 10/14/16 Sold $136,000 -17.6% -- View Prior Sale
09/21/2016 09/21/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $165,000 +46.3% --
05/23/2012 05/23/12 Sold $112,800 -- -- 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 $6,625 $177,700 $24,700 $153,000
2024 $6,625 $177,700 $24,700 $153,000
2022 $6,639 $177,700 $24,700 $153,000
2021 $6,635 $177,700 $24,700 $153,000
2020 $6,753 $177,700 $24,700 $153,000
2019 $4,325 $115,000 $24,700 $90,300
2018 $4,247 $115,000 $24,700 $90,300
2017 $4,094 $115,000 $24,700 $90,300
2016 $3,956 $115,000 $24,700 $90,300
2015 $3,805 $115,000 $24,700 $90,300
2014 $3,566 $115,000 $24,700 $90,300
Source: Public Records

Agents Affiliated with this Home

  • Francisco Gomes

    Seller's Agent in 2019

    Francisco Gomes

    KELLER WILLIAMS CITY VIEWS REALTY

    (908) 337-0558

    Francisco Gomes
    Section Image
  • Anthony Marin

    Seller Co-Listing Agent in 2019

    Anthony Marin

    MIG REAL ESTATE

    (917) 681-8724

    1 in this area

    5 Total Sales

    Anthony Marin
    Section Image

  • J

    Buyer's Agent in 2019

    JOSE SANCHEZ

    REALTY ONE GROUP LEGEND

  • R

    Seller's Agent in 2016

    RUBY LOMBARDO

    BH & G REAL ESTATE MATURO

  • H

    Seller's Agent in 2012

    HUMBERTO FRAGOSO

    EXIT REALTY LUCKY ASSOCIATES

  • J

    Buyer's Agent in 2012

    JOSE SANTIAGO

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3482326

Garden State MLS

APN: 14-00576-0000-00055

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

337 Summer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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