$700,000
SOLD MAY 12, 2025

539 Summer Ave Newark, NJ 07104

North Broadway Neighborhood
6 Beds
4 Baths
-- Sq Ft
3,397 Sq Ft Lot

Recently Sold

18% Above List Price

24 Days on Market

About This Home

As of May 2025

Location, Location, Location!!! tree lane street/ near by Forest Hills! and Branch Brook County Park ! Great Opportunity for first time buyer and investor. The first and second apartments are identical, with high ceilings, hard wood floors, living room, dinning room, kitchen, full bath. The attic apartment has 2 bedrooms, kitchen, and full bath. All the apartments have separated utilities. Basement is full basement. Parking for 3+cars and also has a detached garage. Back yard is good size. Come in with best offer!!! Showing starts on Friday 9-15-23, 24 hours needed to notify tenants. Please show your business card to tenants, and text LA Elizabeth Gabriel at 201-919-7786 ATTIC APT WONT BE SHOW AT THIS TIME. Please don't go to Attic. Thank you

Last Agent to Sell the Property

ELIZABETH GABRIEL

Jeremiah's Realty, LLC Brokerage Phone: (201) 919-7786 Listed on: 09/08/2023

Last Buyer's Agent

Kimberly Solomon

Lifestyle International Realty

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,016

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,397 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00060 / 00680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,016

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Attribution Contact: (201) 919-7786
  • Co List Office Phone: 201-654-2222
  • MLS Status: Sold - Sold
  • Directions: Between Delavan Ave & Chester Ave E
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Remarks: full finished basement

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3397.0

Tax Info

  • Tax Annual Amount: 7016.0
  • Tax Block: 00680
  • Tax Lot: 00060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
May 15, 2025
Sold by
Cardona Barrios Fecunda Virgilia
Bought by
Harris Floyd and Lewis Tannin
Seller's Agent
ELIZABETH GABRIEL
Jeremiah's Realty, LLC
Buyer's Agent
Kimberly Solomon
Lifestyle International Realty
List Price
$595,000
Sold Price
$700,000
Premium/Discount to List
$105,000
17.65%
Views
129
Current Estimated Value
$712,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,288
Avg. Annual Appreciation
5.97%
Original Mortgage
$560,000
Outstanding Balance
$559,012
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$153,276

Purchase Details

Listed on
Sep 8, 2023
Closed on
May 12, 2025
Sold by
Ortiz Maria A
Bought by
Harris Floyd and Lewis Tannin
Seller's Agent
ELIZABETH GABRIEL
Jeremiah's Realty, LLC
Buyer's Agent
Kimberly Solomon
Lifestyle International Realty
List Price
$595,000
Sold Price
$700,000
Premium/Discount to List
$105,000
17.65%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$559,012
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$153,276

Purchase Details

Closed on
Aug 4, 2023
Sold by
Ortiz Maria A and Cardona Hector A
Bought by
Ortiz Maria A

Purchase Details

Closed on
Feb 15, 2022
Sold by
Gregorio Cardona Victor
Bought by
Ortiz Maria A and Cardona Hector A

Purchase Details

Closed on
Jul 19, 2016
Sold by
Flores Josefa Toro and Ruiz Josefa
Bought by
Cardona Victor Gregorio

Purchase Details

Closed on
Apr 17, 1986
Bought by
Toro Josefa Flores
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed -- Surety Title
Bargain Sale Deed $700,000 Surety Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Available
Deed $4,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $700,000 +17.6% --
10/02/2023 10/02/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $595,000 -- --
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 $7,001 $187,800 $28,300 $159,500
2024 $7,001 $187,800 $28,300 $159,500
2022 $7,016 $187,800 $28,300 $159,500
2021 $7,012 $187,800 $28,300 $159,500
2020 $7,136 $187,800 $28,300 $159,500
2019 $7,063 $187,800 $28,300 $159,500
2018 $6,935 $187,800 $28,300 $159,500
2017 $6,686 $187,800 $28,300 $159,500
2016 $6,460 $187,800 $28,300 $159,500
2015 $6,214 $187,800 $28,300 $159,500
2014 $5,824 $187,800 $28,300 $159,500
Source: Public Records

Agents Affiliated with this Home

  • ELIZABETH GABRIEL

    Seller's Agent in 2025

    ELIZABETH GABRIEL

    Jeremiah's Realty, LLC

    (201) 919-7786

    1 in this area

    6 Total Sales

    ELIZABETH GABRIEL
    Section Image

  • K

    Buyer's Agent in 2025

    Kimberly Solomon

    Lifestyle International Realty

    (201) 390-0423

    1 in this area

    1 Total Sale

    Kimberly Solomon
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Map

Source: New Jersey MLS

MLS Number: 23027965

New Jersey MLS

APN: 14-00680-0000-00060

New Jersey Essex County Newark 07104 North Broadway

539 Summer Ave, Newark, NJ

This home is located at 539 Summer Ave, Newark, NJ 07104 and is currently priced at $700,000. 539 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.

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

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