NOT LISTED FOR SALE

409 Summer Ave Unit 10 Newark, NJ 07104

Mount Pleasant Neighborhood

Estimated Value: $1,221,000 - $4,522,000

3 Beds
1 Bath
-- Sq Ft
5,750 Sq Ft Lot

About This Home

This home is located at 409 Summer Ave Unit 10, Newark, NJ 07104 and is currently estimated at $2,871,500. 409 Summer Ave Unit 10 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2023
Sold by
409-411 Summer Avenue Llc
Bought by
409 Bsd Llc
Current Estimated Value
$2,871,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 14, 2021
Sold by
409 Summer Avenue Llc
Bought by
409-411 Summer Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
2.88%

Purchase Details

Closed on
Aug 12, 2021
Sold by
409 Summer Avenue Llc
Bought by
409 411 Summer Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
2.88%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Mcm Assoc
Bought by
409 Summer Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 20, 1977
Bought by
M.C.M. Associates

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
409 Bsd Llc -- Cross Bridge Title
409 411 Summer Avenue Llc -- None Available
M.C.M. Associates $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 409 Bsd Llc $3,000,000
Closed 409 Bsd Llc $3,000,000
Previous Owner 409 411 Summer Avenue Llc $1,725,000
Previous Owner 409 Summer Ave Llc $1,425,000
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
2024 $41,940 $1,125,000 $340,000 $785,000
2022 $42,030 $1,125,000 $340,000 $785,000
2021 $42,008 $1,125,000 $340,000 $785,000
2020 $58,900 $1,550,000 $340,000 $1,210,000
2019 $20,580 $547,200 $340,000 $207,200
2018 $20,208 $547,200 $340,000 $207,200
2017 $19,480 $547,200 $340,000 $207,200
2016 $18,824 $547,200 $340,000 $207,200
2015 $18,107 $547,200 $340,000 $207,200
2014 $16,969 $547,200 $340,000 $207,200
Source: Public Records

Map

New Jersey Essex County Newark 07104 Mount Pleasant

409 Summer Ave Unit 10, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 409 Summer Ave Unit 10, Newark, NJ 07104 and is currently estimated at $2,871,500. 409 Summer Ave Unit 10 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

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.

Nearby Homes