NOT LISTED FOR SALE

55 Summit Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $563,627 - $701,000

-- Bed
-- Bath
2,868 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 55 Summit Ave, Newark, NJ 07112 and is currently estimated at $638,907, approximately $222 per square foot. 55 Summit Ave 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
Apr 6, 2022
Sold by
Temeshia Lemons
Bought by
Lemons Temeshia
Current Estimated Value
$638,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,790
Interest Rate
4.67%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2011
Sold by
55 Summit Associates L L C
Bought by
Rufus Temeshia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,420
Interest Rate
4.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2010
Sold by
Burl Pearl F and Burl Reginald D
Bought by
55 Summit Associates Llc

Purchase Details

Closed on
Jul 21, 1992
Sold by
Darden Lance R and Darden Alette R
Bought by
Burl Reginald D and Burl Pearl F
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lemons Temeshia -- None Listed On Document
Rufus Temeshia $299,000 Chicago Title Insurance Co
55 Summit Associates Llc $33,700 None Available
Burl Reginald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemons Temeshia $394,790
Closed Lemons Temeshia $394,790
Previous Owner Rufus Temeshia $16,078
Previous Owner Rufus Temeshia $289,825
Previous Owner Rufus Temeshia $291,420
Previous Owner Burl Reginald D $262,500
Source: Public Records

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 $8,683 $232,900 $27,100 $205,800
2024 $8,683 $232,900 $27,100 $205,800
2023 $8,701 $232,900 $27,100 $205,800
2022 $8,701 $232,900 $27,100 $205,800
2021 $8,696 $232,900 $27,100 $205,800
2020 $8,850 $232,900 $27,100 $205,800
2019 $8,759 $232,900 $27,100 $205,800
2018 $8,601 $232,900 $27,100 $205,800
2017 $8,291 $232,900 $27,100 $205,800
2016 $8,012 $232,900 $27,100 $205,800
2015 $7,707 $232,900 $27,100 $205,800
2014 $7,222 $232,900 $27,100 $205,800
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

55 Summit Ave, Newark, NJ

This home is located at 55 Summit Ave, Newark, NJ 07112 and is currently estimated at $638,907, approximately $222 per square foot. 55 Summit Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue 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.

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