51 Summit Ave Unit B4 Newark, NJ 07112
Weequahic NeighborhoodEstimated Value: $847,000 - $2,676,682
1
Bed
1
Bath
--
Sq Ft
6,360
Sq Ft Lot
About This Home
This home is located at 51 Summit Ave Unit B4, Newark, NJ 07112 and is currently estimated at $1,756,561. 51 Summit Ave Unit B4 is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2022
Sold by
Newark Holdings Tic 2 Llc
Bought by
Chws Estates Llc
Current Estimated Value
Purchase Details
Closed on
Jun 30, 2015
Sold by
Osher Llc
Bought by
51 Summit Partners Llc
Purchase Details
Closed on
Jun 29, 2006
Sold by
Davis Philip
Bought by
Osher Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 1989
Sold by
Kaplan Lewis and Kaplan Elsa
Bought by
Davis Philip R and Davis Jeanette
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chws Estates Llc | -- | None Listed On Document | |
| Newark Holdings Tic 2 Llc | -- | None Listed On Document | |
| 51 Summit Partners Llc | -- | None Available | |
| Osher Llc | $700,000 | -- | |
| Davis Philip R | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Osher Llc | $525,000 | |
| Closed | 51 Summit Partners Llc | -- |
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 | $19,386 | $520,000 | $320,000 | $200,000 |
| 2024 | $19,386 | $520,000 | $320,000 | $200,000 |
| 2023 | $19,427 | $520,000 | $320,000 | $200,000 |
| 2022 | $19,427 | $520,000 | $320,000 | $200,000 |
| 2021 | $19,417 | $520,000 | $320,000 | $200,000 |
| 2020 | $19,760 | $520,000 | $320,000 | $200,000 |
| 2019 | $19,557 | $520,000 | $320,000 | $200,000 |
| 2018 | $19,204 | $520,000 | $320,000 | $200,000 |
| 2017 | $24,742 | $695,000 | $320,000 | $375,000 |
| 2016 | $23,908 | $695,000 | $320,000 | $375,000 |
| 2015 | $22,998 | $695,000 | $320,000 | $375,000 |
| 2014 | $21,552 | $695,000 | $320,000 | $375,000 |
Source: Public Records
Map
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