NOT LISTED FOR SALE

385 Summer Ave Unit 3 Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $475,531 - $672,000

1 Bed
1 Bath
2,527 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 385 Summer Ave Unit 3, Newark, NJ 07104 and is currently estimated at $575,383, approximately $227 per square foot. 385 Summer Ave Unit 3 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
Aug 27, 2012
Sold by
Rodriguez Jose and Rodriguez Edelmira
Bought by
Marrero William
Current Estimated Value
$575,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Outstanding Balance
$119,904
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$455,479
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Marrero William $175,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrero William $171,830
Source: Public Records

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 $6,312 $169,300 $26,100 $143,200
2024 $6,312 $169,300 $26,100 $143,200
2022 $6,325 $169,300 $26,100 $143,200
2021 $6,322 $169,300 $26,100 $143,200
2020 $6,433 $169,300 $26,100 $143,200
2019 $6,367 $169,300 $26,100 $143,200
2018 $6,252 $169,300 $26,100 $143,200
2017 $6,027 $169,300 $26,100 $143,200
2016 $5,824 $169,300 $26,100 $143,200
2015 $5,602 $169,300 $26,100 $143,200
2014 $5,250 $169,300 $26,100 $143,200
Source: Public Records

Map

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

385 Summer Ave Unit 3, Newark, NJ

Not Listed for Sale

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