NOT LISTED FOR SALE

56 Summit Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $554,000 - $642,000

Studio
-- Bath
4,466 Sq Ft
$134/Sq Ft Est. Value

About This Home

This home is located at 56 Summit Ave, Newark, NJ 07112 and is currently estimated at $596,476, approximately $133 per square foot. 56 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Bought by
Current Estimated Value
$596,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
0.0708%
Mortgage Type
VA

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,300
Interest Rate
0.0369%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Stewart Title
$200,000 New Title Company Name
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $427,213
Closed $427,500
Previous Owner $329,300
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,802 $170,100 $27,300 $142,800
2025 $6,802 $170,100 $27,300 $142,800
2024 $6,341 $170,100 $27,300 $142,800
2022 $6,355 $170,100 $27,300 $142,800
2021 $6,352 $170,100 $27,300 $142,800
2020 $6,464 $170,100 $27,300 $142,800
2019 $6,397 $170,100 $27,300 $142,800
2018 $6,282 $170,100 $27,300 $142,800
2017 $6,056 $170,100 $27,300 $142,800
2016 $5,851 $170,100 $27,300 $142,800
2015 $5,629 $170,100 $27,300 $142,800
2014 $5,275 $170,100 $27,300 $142,800
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

56 Summit Ave, Newark, NJ

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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