NOT LISTED FOR SALE

432 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $577,000 - $671,000

-- Bed
-- Bath
-- Sq Ft
28 Sq Ft Lot

Last Sold May 07, 2024

Last sale price $510,000

Est. 21% increase in value since last sale

Current estimated payment $4,354/month

28 Days on Market

About This Home

As of May 2024

This home is located at 432 Summer Ave, Newark, NJ 07104 since 17 January 2024 and is currently estimated at $619,052. This property was built in 1900. 432 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

SHADI SANKAR

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 01/17/2024

Last Buyer's Agent

SHADI SANKAR

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 01/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,766

Year Built

  • Built in 1900

Lot Details

  • 28 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,766

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • Street Number Display: 432
  • I D: 5264699
  • Modified: 2025-05-08
  • Number Images: 1
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28.7X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
May 6, 2024
Sold by
Goris Edmundo
Bought by
Nadarajah Bhiravi
Seller's Agent
SHADI SANKAR
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
SHADI SANKAR
KELLER WILLIAMS PARK VIEWS
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
61
Current Estimated Value
$619,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,052
Avg. Annual Appreciation
16.21%
Original Mortgage
$408,000
Outstanding Balance
$402,966
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$216,086

Purchase Details

Listed on
Sep 3, 2020
Closed on
Feb 12, 2021
Sold by
432 Summer Avenue Newark Nj Llc
Bought by
Goris Edmundo
Seller's Agent
Michael Henry
EXIT PLATINUM REALTY
Buyer's Agent
SHADI SANKAR
KELLER WILLIAMS PARK VIEWS
List Price
$465,000
Sold Price
$410,000
Premium/Discount to List
-$55,000
-11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$402,573
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2012
Sold by
Battisti Dominic and Battisti John J
Bought by
432 Summer Avenue Newark Nj Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Nadarajah Bhiravi $510,000 Sunnyside Title
Goris Edmundo $410,000 Sunnyside Title
432 Summer Avenue Newark Nj Llc $87,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadarajah Bhiravi $408,000
Previous Owner Goris Edmundo $402,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $510,000 -2.9% --
02/14/2024 02/14/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $525,000 +28.0% --
02/12/2021 02/12/21 Sold $410,000 -11.8% --
11/05/2020 11/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $465,000 -- --
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 $11,766 $315,600 $25,700 $289,900
2024 $11,766 $315,600 $25,700 $289,900
2023 $11,791 $315,600 $25,700 $289,900
2022 $11,791 $315,600 $25,700 $289,900
2021 $3,506 $93,900 $25,700 $68,200
2020 $3,568 $93,900 $25,700 $68,200
2019 $3,532 $93,900 $25,700 $68,200
2018 $3,468 $93,900 $25,700 $68,200
2017 $3,343 $93,900 $25,700 $68,200
2016 $3,230 $93,900 $25,700 $68,200
2015 $3,107 $93,900 $25,700 $68,200
2014 $2,912 $93,900 $25,700 $68,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SHADI SANKAR

    KELLER WILLIAMS PARK VIEWS

  • Michael Henry

    Seller's Agent in 2021

    Michael Henry

    EXIT PLATINUM REALTY

    (973) 220-6561

    1 in this area

    24 Total Sales

    Michael Henry
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3881898

Garden State MLS

APN: 14-00625-0000-00006

New Jersey Essex County Newark 07104 North Broadway

432 Summer Ave, Newark, NJ

This home is located at 432 Summer Ave, Newark, NJ 07104 since 17 January 2024 and is currently estimated at $619,052. This property was built in 1900. 432 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.

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