NOT LISTED FOR SALE

517 Summer Ave Unit 519 Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $426,000 - $699,000

5 Beds
2 Baths
-- Sq Ft
5,340 Sq Ft Lot

Last Sold April 19, 2023

Last sale price $590,000

Est. 1% decrease in value since last sale

Current estimated payment $3,506/month

13 Days on Market

About This Home

As of April 2023

Welcome to this beautiful 2 family home on large lot with a ton of parking. This property offers new roof, new chimney, updated electric, updated apartments, and separate utilities. Great for an owner occupant or investor! Come and collect cash! This property is in a great location near highways, bus stops, train station, schools, restaurants, gym, and much more!!!

Last Agent to Sell the Property

Felix Rosario

RE/MAX Professionals 1 Listed on: 01/24/2023

RE/MAX Professionals 1

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,988

Lot Details

  • 5,340 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00049 / 00680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,988

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-450-4000
  • MLS Status: Sold - Sold
  • Directions: Bloomfield Ave. to Summer Ave.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5340.0

Tax Info

  • Tax Annual Amount: 4988.0
  • Tax Block: 00680
  • Tax Lot: 00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2013
Sold by
519 Summer Ave Llc
Bought by
Robles Anny
Current Estimated Value
$585,294

Purchase Details

Closed on
May 2, 2013
Sold by
Pamela Rodrigues Con
Bought by
519 Summer Avenue Ll

Purchase Details

Closed on
Jul 6, 2012
Sold by
Taveras Gil Roselio
Bought by
Cruz Pedro

Purchase Details

Closed on
Nov 30, 2006
Sold by
Martinez Bessy
Bought by
Gil Roselio Taveras

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,279
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2005
Sold by
Bank Of America
Bought by
Martinez Bessy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Hernandez Jose Angel
Bought by
Ortiz Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.95%

Purchase Details

Closed on
Mar 1, 1989
Sold by
Perez Victor
Bought by
Hernandez Jose A and Hernandez Luz D
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
Robles Anny $260,000 --
Robles Anny $260,000 --
519 Summer Avenue Ll $140,500 --
Cruz Pedro $74,500 None Available
Gil Roselio Taveras $435,000 --
Martinez Bessy $311,000 --
Ortiz Amy $255,000 --
Hernandez Jose A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Anny Y $53,000
Previous Owner Gil Roselio Taveras $428,279
Previous Owner Martinez Bessy $46,500
Previous Owner Martinez Bessy $248,000
Previous Owner Ortiz Amy $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $590,000 +5.4% --
02/06/2023 02/06/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $559,900 -- --
Source: New Jersey 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 $4,977 $133,500 $33,300 $100,200
2024 $4,977 $133,500 $33,300 $100,200
2022 $4,988 $133,500 $33,300 $100,200
2021 $4,985 $133,500 $33,300 $100,200
2020 $5,073 $133,500 $33,300 $100,200
2019 $5,021 $133,500 $33,300 $100,200
2018 $4,930 $133,500 $33,300 $100,200
2017 $4,753 $133,500 $33,300 $100,200
2016 $4,592 $133,500 $33,300 $100,200
2015 $4,418 $133,500 $33,300 $100,200
2014 $4,140 $133,500 $33,300 $100,200
Source: Public Records

Agents Affiliated with this Home

  • Felix Rosario

    Seller's Agent in 2023

    Felix Rosario

    RE/MAX

    (201) 776-9649

    6 in this area

    91 Total Sales

    Felix Rosario
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23002224

New Jersey MLS

APN: 14-00680-0000-00049

New Jersey Essex County Newark 07104 North Broadway

517 Summer Ave Unit 519, Newark, NJ

This home is located at 517 Summer Ave Unit 519, Newark, NJ 07104 since 24 January 2023 and is currently estimated at $585,294. 517 Summer Ave Unit 519 is a home located in Essex County with nearby schools including Elliott Street Elementary School, Rafael Hernandez School, and Ridge Street Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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