NOT LISTED FOR SALE

Estimated Value: $525,000 - $606,000

4 Beds
2 Baths
-- Sq Ft
6,882 Sq Ft Lot

About This Home

This home is located at 440 Summer Ave Unit 2, Newark, NJ 07104 and is currently estimated at $565,989. 440 Summer Ave Unit 2 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
Oct 27, 2020
Sold by
Harness Home Borrower Iii Llc
Bought by
Cmrb Properties Iii Llc
Current Estimated Value
$565,989

Purchase Details

Closed on
Oct 15, 2015
Sold by
Ace Securities Corp Home Equity Loan Tru
Bought by
Harness Homes Group Llc

Purchase Details

Closed on
Jun 3, 2015
Sold by
Sheriff Armando Fontoura
Bought by
Hsbc Bank (Tr)

Purchase Details

Closed on
Jan 5, 2006
Sold by
Reyes Argelila
Bought by
Cobra Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2004
Sold by
Elio Arena
Bought by
Reyes Argelila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2001
Sold by
Garden Construction
Bought by
Vasquez Ana

Purchase Details

Closed on
Jun 9, 1999
Sold by
Garden Construction
Bought by
Vasquez Francisco and Vasquez Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
7.19%

Purchase Details

Closed on
Jun 16, 1988
Sold by
Hernandez Rafael
Bought by
Hernandez Luis A
Source: Public Records

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.

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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

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
Cmrb Properties Iii Llc -- None Listed On Document
Harness Homes Group Llc $63,000 None Available
Hsbc Bank (Tr) $100 --
Cobra Andres $325,000 --
Reyes Argelila $235,000 --
Vasquez Ana $132,000 --
Vasquez Francisco $132,000 --
Garden Construction $90,500 --
Hernandez Luis A $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobra Andres $260,000
Previous Owner Reyes Argelila $188,000
Previous Owner Garden Construction $123,400
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 $5,681 $152,400 $33,700 $118,700
2022 $5,694 $152,400 $33,700 $118,700
2021 $5,691 $152,400 $33,700 $118,700
2020 $5,791 $152,400 $33,700 $118,700
2019 $5,732 $152,400 $33,700 $118,700
2018 $5,628 $152,400 $33,700 $118,700
2017 $5,425 $152,400 $33,700 $118,700
2016 $5,243 $152,400 $33,700 $118,700
2015 $5,043 $152,400 $33,700 $118,700
2014 $4,726 $152,400 $33,700 $118,700
Source: Public Records

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