NOT LISTED FOR SALE

555 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $664,000 - $847,000

8 Beds
5 Baths
3,500 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 555 Summer Ave, Newark, NJ 07104 and is currently estimated at $739,948, approximately $211 per square foot. 555 Summer Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2017
Sold by
Melendez Carmen
Bought by
Guevara Saul E and Amya Irma H
Current Estimated Value
$739,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$293,744
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$485,149

Purchase Details

Closed on
Mar 7, 2011
Sold by
Sanchez Manuela
Bought by
Melendez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,765
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2008
Sold by
Sanchez Manuela and Guzhnay Galo
Bought by
Sanchez Manuela

Purchase Details

Closed on
Dec 5, 2005
Sold by
Soto Angel
Bought by
Sanchez Manuela and Guzhnay Galo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.28%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Guevara Saul E $360,000 None Available
Melendez Carmen $113,000 None Available
Sanchez Manuela -- None Available
Sanchez Manuela $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guevara Saul E $353,479
Previous Owner Melendez Carmen $109,765
Previous Owner Sanchez Manuela $440,002
Previous Owner Sanchez Manuela $320,000
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 $8,589 $230,400 $29,100 $201,300
2024 $8,589 $230,400 $29,100 $201,300
2022 $8,608 $230,400 $29,100 $201,300
2021 $8,603 $230,400 $29,100 $201,300
2020 $8,755 $230,400 $29,100 $201,300
2019 $8,665 $230,400 $29,100 $201,300
2018 $8,509 $230,400 $29,100 $201,300
2017 $8,202 $230,400 $29,100 $201,300
2016 $7,926 $230,400 $29,100 $201,300
2015 $7,624 $230,400 $29,100 $201,300
2014 $7,145 $230,400 $29,100 $201,300
Source: Public Records

Map

New Jersey Essex County Newark 07104 North Broadway

555 Summer Ave, Newark, NJ

This home is located at 555 Summer Ave, Newark, NJ 07104 and is currently estimated at $739,948, approximately $211 per square foot. 555 Summer Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez 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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