$605,000
SOLD AUG 11, 2025

418 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood
-- Bed
-- Bath
1,811 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$334 Per Sq Ft

4% Above List Price

17 Days on Market

About This Home

As of August 2025

This home is located at 418 Summer Ave, Newark, NJ 07104 and is currently priced at $605,000, approximately $334 per square foot. 418 Summer Ave is a home located in Essex County with nearby schools including Roberto Clemente Elementary School, Rafael Hernandez School, and Elliott Street Elementary School.

Last Agent to Sell the Property

VIVIANA DORIS LOPEZ

ROSA AGENCY Brokerage Phone: 908-289-5200 Listed on: 06/17/2025

Last Buyer's Agent

LOURDIANA SAINT LOUIS

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,030

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,030

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 418
  • I D: 5364298
  • Modified: 2025-08-11
  • Number Images: 0
  • Attribution Contact: 908-289-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 18.9X99.10
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2025
Closed on
Jul 23, 2025
Sold by
Saracoglu Oral
Bought by
418 Summer Realty Llc
Seller's Agent
VIVIANA DORIS LOPEZ
ROSA AGENCY
Buyer's Agent
LOURDIANA SAINT LOUIS
COLDWELL BANKER REALTY
List Price
$579,000
Sold Price
$605,000
Premium/Discount to List
$26,000
4.49%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.55%
Original Mortgage
$453,750
Outstanding Balance
$453,353
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$125,643

Purchase Details

Closed on
Jul 14, 2009
Sold by
Gmac Mortgage Llc
Bought by
Torres Pedro

Purchase Details

Closed on
Sep 8, 2008
Sold by
Fofana Konoba
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Dec 19, 2006
Sold by
Akuesson Adotey
Bought by
Fofana Konoba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,400
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2004
Sold by
Tume Ventura
Bought by
Akuesson Adotey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,315
Interest Rate
5.81%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2001
Sold by
Hud
Bought by
Tume Ventura

Purchase Details

Closed on
Sep 30, 1991
Sold by
Matos Ines
Bought by
Karitsiotis Matthen
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Deed $605,000 First American Title
Deed $53,000 None Available
Bargain Sale Deed $53,000 Stewart Title Guaranty Co
Sheriffs Deed -- Land Title Services Of New J
Deed $292,000 --
Deed $159,000 --
Deed $63,000 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,750 New Conventional
Previous Owner $221,000 New Conventional
Previous Owner $221,000 New Conventional
Previous Owner $210,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $108,750 New Conventional
Previous Owner $204,400 New Conventional
Previous Owner $175,500 Adjustable Rate Mortgage/ARM
Previous Owner $153,315 FHA
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $605,000 +4.5% $334 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $579,000 -- $320 / Sq Ft
Source: Garden State MLS

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 $4,030 $108,100 $17,700 $90,400
2024 $4,030 $108,100 $17,700 $90,400
2022 $4,039 $108,100 $17,700 $90,400
2021 $4,115 $110,200 $17,700 $92,500
2020 $4,188 $110,200 $17,700 $92,500
2019 $4,145 $110,200 $17,700 $92,500
2018 $4,070 $110,200 $17,700 $92,500
2017 $3,923 $110,200 $17,700 $92,500
2016 $3,791 $110,200 $17,700 $92,500
2015 $3,647 $110,200 $17,700 $92,500
2014 $3,417 $110,200 $17,700 $92,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2025

    VIVIANA DORIS LOPEZ

    ROSA AGENCY

  • L

    Buyer's Agent in 2025

    LOURDIANA SAINT LOUIS

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3969928

Garden State MLS

APN: 14-00626-01-00030

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

418 Summer Ave, Newark, NJ

This home is located at 418 Summer Ave, Newark, NJ 07104 and is currently priced at $605,000, approximately $334 per square foot. 418 Summer Ave is a home located in Essex County with nearby schools including Roberto Clemente Elementary School, Rafael Hernandez School, and Elliott 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.

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