NOT LISTED FOR SALE

380 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $757,000

Studio
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 21, 2024

Last sale price $765,000

Est. 1% decrease in value since last sale

Current estimated payment $4,692/month

28 Days on Market

About This Home

As of March 2024

This home is located at 380 Summer Ave, Newark, NJ 07104 since 07 June 2023 and is currently priced at $757,000. 380 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Last Agent to Sell the Property

Shawn Rosa

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 06/07/2023

Last Buyer's Agent

WILSON MERCHAN

MERCHAN TEAM REALTY LLC.

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5225847
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Mar 5, 2024
Sold by
Maureen Devore Rosa Ira and Rosa Maureen Devore
Bought by
Chogllo Luis Alfredo Duma and Chogllo Edgar Abel
Seller's Agent
Shawn Rosa
ROSA AGENCY
Buyer's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
List Price
$760,000
Sold Price
$765,000
Premium/Discount to List
$5,000
0.66%
Views
9
Current Estimated Value
$757,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,000
Original Mortgage
$751,143
Outstanding Balance
$739,225
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2022
Sold by
Pacific Premier Trust
Bought by
Pacific Premier Trust

Purchase Details

Closed on
Sep 24, 2021
Sold by
Mendez Orlando and Estate Of Michael Carson
Bought by
Pacific Premier Trust and Maureen Devore Rosa Ira

Purchase Details

Closed on
Feb 25, 2003
Sold by
Casale Elizabeth
Bought by
Carson Michael

Purchase Details

Closed on
Nov 28, 1983
Bought by
Michael Carson
Source: Public Records
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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
Chogllo Luis Alfredo Duma $765,000 The Security Title Guarantee
Pacific Premier Trust -- --
Pacific Premier Trust $250,000 Ats Title Agency Inc
Carson Michael $32,500 --
Michael Carson $8,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chogllo Luis Alfredo Duma $751,143
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $765,000 +0.7% --
07/05/2023 07/05/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $760,000 -- --
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
2022 $983 $26,300 $26,300 $0
2021 $5,668 $151,800 $26,300 $125,500
2020 $5,768 $151,800 $26,300 $125,500
2019 $5,709 $151,800 $26,300 $125,500
2018 $5,606 $151,800 $26,300 $125,500
2017 $5,404 $151,800 $26,300 $125,500
2016 $5,222 $151,800 $26,300 $125,500
2015 $5,023 $151,800 $26,300 $125,500
2014 $4,707 $151,800 $26,300 $125,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shawn Rosa

    ROSA AGENCY

    (908) 642-6704

    3 in this area

    60 Total Sales

    Shawn Rosa
    Section Image

  • W

    Buyer's Agent in 2024

    WILSON MERCHAN

    MERCHAN TEAM REALTY LLC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3847971

Garden State MLS

APN: 14-00611-0000-00013

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

380 Summer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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