518 Summer Ave Unit 520 Newark, NJ 07104
North Broadway NeighborhoodEstimated Value: $721,000 - $940,000
8
Beds
4
Baths
3,216
Sq Ft
$246/Sq Ft
Est. Value
About This Home
This home is located at 518 Summer Ave Unit 520, Newark, NJ 07104 and is currently estimated at $791,715, approximately $246 per square foot. 518 Summer Ave Unit 520 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
Dec 30, 2020
Sold by
Rodriguez Manuel and Rodriguez Maria M
Bought by
520 Summer Ave Llc
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
$275,000
Interest Rate
3%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 27, 1988
Sold by
Rodriguez Roberto
Bought by
Rodriguez Manuel
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 |
---|---|---|---|
520 Summer Ave Llc | $475,000 | New Horizon Abstract | |
Rodriguez Manuel | $175,000 | -- | |
Rodriguez Manuel | $175,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | 520 Summer Ave Llc | $275,000 | |
Previous Owner | Rodriguez Manuel | $110,000 |
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 | $13,973 | $374,800 | $41,900 | $332,900 |
2024 | $13,973 | $374,800 | $41,900 | $332,900 |
2022 | $14,003 | $374,800 | $41,900 | $332,900 |
2021 | $8,289 | $222,000 | $42,300 | $179,700 |
2020 | $8,436 | $222,000 | $42,300 | $179,700 |
2019 | $8,349 | $222,000 | $42,300 | $179,700 |
2018 | $8,198 | $222,000 | $42,300 | $179,700 |
2017 | $7,903 | $222,000 | $42,300 | $179,700 |
2016 | $7,637 | $222,000 | $42,300 | $179,700 |
2015 | $7,346 | $222,000 | $42,300 | $179,700 |
2014 | $6,884 | $222,000 | $42,300 | $179,700 |
Source: Public Records
Map
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