496-498 Summer Ave Newark, NJ 07104
North Broadway NeighborhoodEstimated Value: $571,000 - $652,000
7
Beds
4
Baths
2,913
Sq Ft
$214/Sq Ft
Est. Value
About This Home
This home is located at 496-498 Summer Ave, Newark, NJ 07104 and is currently estimated at $623,707, approximately $214 per square foot. 496-498 Summer Ave 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
Nov 7, 2001
Sold by
Hernandez Adela
Bought by
Montalvo Sandro and Montalvo Adela
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
$213,150
Interest Rate
6.84%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 25, 1997
Sold by
Kuscan Ozer
Bought by
Montalvo Sandro and Hernandez Adela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.86%
Purchase Details
Closed on
Jun 4, 1990
Sold by
Melo Carlos A and Melo Licinia B
Bought by
Kuscan Ozer
Purchase Details
Closed on
Jul 29, 1988
Sold by
Borges Olga
Bought by
Melo Carlos A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montalvo Sandro | -- | -- | |
| Montalvo Sandro | $151,000 | -- | |
| Kuscan Ozer | $170,000 | -- | |
| Melo Carlos A | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Montalvo Sandro | $213,150 | |
| Previous Owner | Montalvo Sandro | $143,000 |
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 | $7,758 | $208,100 | $35,600 | $172,500 |
| 2024 | $7,758 | $208,100 | $35,600 | $172,500 |
| 2022 | $7,775 | $208,100 | $35,600 | $172,500 |
| 2021 | $7,770 | $208,100 | $35,600 | $172,500 |
| 2020 | $7,908 | $208,100 | $35,600 | $172,500 |
| 2019 | $7,827 | $208,100 | $35,600 | $172,500 |
| 2018 | $7,685 | $208,100 | $35,600 | $172,500 |
| 2017 | $7,408 | $208,100 | $35,600 | $172,500 |
| 2016 | $7,159 | $208,100 | $35,600 | $172,500 |
| 2015 | $6,886 | $208,100 | $35,600 | $172,500 |
| 2014 | $6,453 | $208,100 | $35,600 | $172,500 |
Source: Public Records
Map
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