490 Summer Ave Unit 492 Newark, NJ 07104
North Broadway NeighborhoodEstimated Value: $662,000 - $757,000
--
Bed
--
Bath
2,942
Sq Ft
$240/Sq Ft
Est. Value
About This Home
This home is located at 490 Summer Ave Unit 492, Newark, NJ 07104 and is currently estimated at $704,834, approximately $239 per square foot. 490 Summer Ave Unit 492 is a home located in Essex County with nearby schools including Elliott Street Elementary School, Rafael Hernandez School, and Ridge Street Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2020
Sold by
Paulino Jose M and Paulino Tommy E
Bought by
Castillo Jaime Lizardo Sequencia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Outstanding Balance
$347,377
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$357,457
Purchase Details
Closed on
Jul 27, 2006
Sold by
Fermin Luis
Bought by
Paulino Jose and Paulino Tommy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.7%
Purchase Details
Closed on
Jun 1, 2005
Sold by
Guzhnay Galo
Bought by
Fermin Luis and Fermin Gina
Purchase Details
Closed on
May 21, 2003
Sold by
Munoz Carlos
Bought by
Guzhnay Galo and Sanchez Manuela
Purchase Details
Closed on
Dec 22, 2000
Sold by
Martinez Leonardo
Bought by
Munoz Carlos A
Purchase Details
Closed on
Apr 5, 1989
Sold by
Egea Eduardo M and Egea Nieves
Bought by
Martinez Leonardo Rafael and Martinez Felicia
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castillo Jaime Lizardo Sequencia | $400,000 | Advanced Ttl & Abstract Llc | |
| Castillo Jaime Lizardo Sequencia | $400,000 | Advanced Ttl & Abstract Llc | |
| Paulino Jose | $430,000 | -- | |
| Paulino Jose | $430,000 | -- | |
| Fermin Luis | $390,000 | -- | |
| Fermin Luis | $390,000 | -- | |
| Guzhnay Galo | $285,000 | -- | |
| Guzhnay Galo | $285,000 | -- | |
| Munoz Carlos A | $119,000 | -- | |
| Munoz Carlos A | $119,000 | -- | |
| Martinez Leonardo Rafael | $165,000 | -- | |
| Martinez Leonardo Rafael | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castillo Jaime Lizardo Sequencia | $392,755 | |
| Previous Owner | Paulino Jose | $344,000 |
Source: Public Records
Tax History Compared to Growth
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 | $12,150 | $325,900 | $35,600 | $290,300 |
| 2024 | $12,150 | $325,900 | $35,600 | $290,300 |
| 2022 | $12,176 | $325,900 | $35,600 | $290,300 |
| 2021 | $12,169 | $325,900 | $35,600 | $290,300 |
| 2020 | $7,566 | $199,100 | $35,200 | $163,900 |
| 2019 | $7,488 | $199,100 | $35,200 | $163,900 |
| 2018 | $7,353 | $199,100 | $35,200 | $163,900 |
| 2017 | $7,088 | $199,100 | $35,200 | $163,900 |
| 2016 | $6,849 | $199,100 | $35,200 | $163,900 |
| 2015 | $6,588 | $199,100 | $35,200 | $163,900 |
| 2014 | $6,174 | $199,100 | $35,200 | $163,900 |
Source: Public Records
Map
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