375 Summer Ave Newark, NJ 07104
Mount Pleasant-Lower Broadway NeighborhoodEstimated Value: $534,963 - $669,000
Studio
--
Bath
3,694
Sq Ft
$165/Sq Ft
Est. Value
About This Home
This home is located at 375 Summer Ave, Newark, NJ 07104 and is currently estimated at $608,491, approximately $164 per square foot. 375 Summer Ave 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 30, 2010
Sold by
Vargas Francisco
Bought by
Carrera Nelson
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
$137,362
Outstanding Balance
$94,766
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$513,725
Purchase Details
Closed on
Apr 30, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Vargas Francisco and Vargas Carmen
Purchase Details
Closed on
Jun 9, 2008
Sold by
Lema Mario D and Teran Isabel L
Bought by
Hud
Purchase Details
Closed on
Jul 23, 2004
Sold by
Debeniz Leandro De
Bought by
Lema Mario and Teran Isabel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,820
Interest Rate
5.85%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 31, 2003
Sold by
Saliba Bassam
Bought by
Debeniz Leandro De
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,108
Interest Rate
5.86%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carrera Nelson | $150,000 | Stewart Title Guaranty Co | |
| Vargas Francisco | $82,000 | Collegiate Title Corp | |
| Hud | -- | None Available | |
| Lema Mario | $400,000 | -- | |
| Debeniz Leandro De | $189,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carrera Nelson | $137,362 | |
| Previous Owner | Lema Mario | $393,820 | |
| Previous Owner | Debeniz Leandro De | $340,108 |
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 | $5,963 | $156,800 | $27,400 | $129,400 |
| 2024 | $5,846 | $156,800 | $27,400 | $129,400 |
| 2022 | $5,858 | $156,800 | $27,400 | $129,400 |
| 2021 | $5,855 | $156,800 | $27,400 | $129,400 |
| 2020 | $5,958 | $156,800 | $27,400 | $129,400 |
| 2019 | $5,897 | $156,800 | $27,400 | $129,400 |
| 2018 | $5,791 | $156,800 | $27,400 | $129,400 |
| 2017 | $5,582 | $156,800 | $27,400 | $129,400 |
| 2016 | $5,394 | $156,800 | $27,400 | $129,400 |
| 2015 | $5,189 | $156,800 | $27,400 | $129,400 |
| 2014 | $4,862 | $156,800 | $27,400 | $129,400 |
Source: Public Records
Map
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