NOT LISTED FOR SALE

561 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $823,277

Studio
-- Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: January 31, 2019

Last sale price $380,000

Est. 117% increase in value since last sale

Current estimated payment $5,549 / mo

109 Days on Market

About This Home

As of January 2019

This home is located at 561 Summer Ave, Newark, NJ 07104 since 13 August 2018 and is currently estimated at $823,277. This property was built in 1997. 561 Summer Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Rafael Hernandez School, and Franklin School.

Last Agent to Sell the Property

ROBERTA WOISKY

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 973-623-1001 Listed on: 08/13/2018

Last Buyer's Agent

ROBERTA WOISKY

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 973-623-1001 Listed on: 08/13/2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1997
  • County Name: Essex
  • I D: 4829748
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

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
Apr 19, 2018
Sold by
Ceballos-Morales Rosemmil
Bought by
Current Estimated Value
$823,277

Purchase Details

Closed on
May 4, 2006
Sold by
Ramos Fidel
Bought by
Velez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 1997
Sold by
Abreau Armando
Bought by
Ramos Fidel

Purchase Details

Closed on
Dec 11, 1991
Sold by
City Of Newark
Bought by
Abreu Armando
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North Broadway, NJ

  • Fernando Leyva Real Estate Agent - Compass New Jersey, LLC-Ridgewood

    Fernando Leyva

    Compass New Jersey, LLC-Ridgewood

    (551) 303-7085

    96 Total Sales

    4 in North Broadway

    $210K - $625K Price Range

    Fernando Leyva
     Section Image
  • Carlos Alex Jesus Real Estate Agent - CENTURY 21 VENTURE REAL ESTATE

    Carlos Alex Jesus

    Responds Quickly

    CENTURY 21 VENTURE REAL ESTATE

    (862) 352-7762

    68 Total Sales

    2 in North Broadway

    $528,000 Price Range

    Carlos Alex Jesus
     Section Image
  • Mario Aristizabal Real Estate Agent - Coldwell Banker Liberty

    Mario Aristizabal

    Coldwell Banker Liberty

    (908) 356-5772

    39 Total Sales

    1 in North Broadway

    $560,000 Price

    Mario Aristizabal
     Section Image
  • Jaime Feliz Real Estate Agent - United Real Estate

    Jaime Feliz

    United Real Estate

    (862) 319-8206

    18 Total Sales

    1 in North Broadway

    $620,000 Price

    Jaime Feliz
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    63 Total Sales

    1 in North Broadway

    $665,000 Price

    Mackenson Bonnet
     Section Image
  • Stephen Buch Real Estate Agent - YALE KENT, LLC.

    Stephen Buch

    YALE KENT, LLC.

    (973) 604-2313

    11 Total Sales

    1 in North Broadway

    $615,000 Price

    Stephen Buch
     Section Image
See All Agents

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
-- --
Velez Jose $420,000 --
Ramos Fidel $175,000 --
Abreu Armando $2,600 --
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
Previous Owner $237,600
Previous Owner Velez Jose $336,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $380,000 +0.3% --
11/30/2018 11/30/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $379,000 -- --
Source: Garden State MLS

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 $10,397 $260,000 $26,100 $233,900
2025 $10,397 $260,000 $26,100 $233,900
2024 $9,693 $260,000 $26,100 $233,900
2022 $9,714 $260,000 $26,100 $233,900
2021 $9,708 $260,000 $26,100 $233,900
2020 $9,880 $260,000 $26,100 $233,900
2019 $8,726 $232,000 $26,100 $205,900
2018 $8,568 $232,000 $26,100 $205,900
2017 $8,259 $232,000 $26,100 $205,900
2016 $7,981 $232,000 $26,100 $205,900
2015 $7,677 $232,000 $26,100 $205,900
2014 $7,194 $232,000 $26,100 $205,900
Source: Public Records

Agents Affiliated with this Home

  • RW

    Seller's Agent in 2019

    ROBERTA WOISKY

    OPTION 1 REALTY GROUP, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3494468

Garden State MLS

APN: 14-00680-0000-00071

New Jersey Essex County Newark 07104 North Broadway

561 Summer 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.