NOT LISTED FOR SALE

363 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $418,028 - $539,000

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

Last Sold September 21, 2018

Last sale price $220,000

Est. 115% increase in value since last sale

Current estimated payment $2,961/month

33 Days on Market

About This Home

As of September 2018

This home is located at 363 Summer Ave, Newark, NJ 07104 since 03 May 2018 and is currently estimated at $488,007. 363 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

ANA CHECO

NEXTHOME ROYAL LION REALTY Brokerage Phone: 973-817-7700 Listed on: 05/03/2018

Last Buyer's Agent

TAMER MASOUD

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,448

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,448

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 363
  • I D: 4798369
  • Modified: 2019-09-22
  • Number Images: 1
  • Attribution Contact: 973-817-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 18.9X110
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2018
Sold by
363 Summer Llc
Bought by
Spitzer Meir M
Current Estimated Value
$472,973

Purchase Details

Listed on
May 3, 2018
Closed on
Sep 14, 2018
Sold by
Burgos Jose M
Bought by
363 Summer Llc
Seller's Agent
ANA CHECO
NEXTHOME ROYAL LION REALTY
Buyer's Agent
TAMER MASOUD
REALTY ONE GROUP LEGEND
List Price
$180,000
Sold Price
$220,000
Premium/Discount to List
$40,000
22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$236,600
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1982
Bought by
Burgos Jose M and Burgos Guillermina
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Spitzer Meir M -- --
363 Summer Llc $220,000 --
Burgos Jose M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spitzer Meir M $293,000
Previous Owner 363 Summer Llc $236,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $220,000 +22.2% --
06/05/2018 06/05/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $180,000 -- --
Source: Garden State MLS

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
2025 $4,448 $119,300 $23,000 $96,300
2024 $4,448 $119,300 $23,000 $96,300
2022 $4,457 $119,300 $23,000 $96,300
2021 $4,455 $119,300 $23,000 $96,300
2020 $4,533 $119,300 $23,000 $96,300
2019 $4,487 $119,300 $23,000 $96,300
2018 $4,406 $119,300 $23,000 $96,300
2017 $4,247 $119,300 $23,000 $96,300
2016 $4,104 $119,300 $23,000 $96,300
2015 $3,948 $119,300 $23,000 $96,300
2014 $3,699 $119,300 $23,000 $96,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    ANA CHECO

    NEXTHOME ROYAL LION REALTY

  • T

    Buyer's Agent in 2018

    TAMER MASOUD

    REALTY ONE GROUP LEGEND

See All Agents

Map

Source: Garden State MLS

MLS Number: 3467113

Garden State MLS

APN: 14-00576-0000-00068

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

363 Summer Ave, Newark, NJ

This home is located at 363 Summer Ave, Newark, NJ 07104 since 03 May 2018 and is currently estimated at $488,007. 363 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.

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