NOT LISTED FOR SALE

389 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $402,000 - $432,000

Studio
-- Bath
1,798 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 389 Summer Ave, Newark, NJ 07104 and is currently estimated at $414,304, approximately $230 per square foot. 389 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
Dec 2, 2005
Sold by
Hernandez Efrain
Bought by
Lopez Wilson
Current Estimated Value
$414,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Outstanding Balance
$74,810
Interest Rate
6.72%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$339,494

Purchase Details

Closed on
Aug 18, 1993
Sold by
Dime Sav Bank
Bought by
Hernandez Anthony and Hernandez Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7%
Source: Public Records

Range of Values:

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

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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

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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
Lopez Wilson $164,000 --
Hernandez Anthony $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Wilson $130,400
Previous Owner Hernandez Anthony $35,000
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 $5,396 $141,900 $26,100 $115,800
2024 $5,290 $141,900 $26,100 $115,800
2022 $5,301 $141,900 $26,100 $115,800
2021 $5,299 $141,900 $26,100 $115,800
2020 $5,392 $141,900 $26,100 $115,800
2019 $5,337 $141,900 $26,100 $115,800
2018 $5,240 $141,900 $26,100 $115,800
2017 $5,052 $141,900 $26,100 $115,800
2016 $4,881 $141,900 $26,100 $115,800
2015 $4,695 $141,900 $26,100 $115,800
2014 $4,400 $141,900 $26,100 $115,800
Source: Public Records

Map

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

389 Summer Ave, Newark, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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