Seller's Agent in 2025
Francis Joissim
PEARL GATE REALTY
(973) 519-1200
3 in this area
52 Total Sales
574 Summer Ave Unit 576 Newark, NJ 07104
North Broadway NeighborhoodEstimated Value: $498,000 - $654,000
Studio
--
Bath
--
Sq Ft
6,534
Sq Ft Lot Lot
About This Home
As of August 2025This home is located at 574 Summer Ave Unit 576, Newark, NJ 07104 since 31 January 2025 and is currently estimated at $570,536. 574 Summer Ave Unit 576 is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.
Last Agent to Sell the Property
PEARL GATE REALTY Brokerage Phone: 973-667-4100 Listed on: 01/31/2025
Property Details
Home Type
- Multi-Family
Lot Details
- 6,534 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Aug 11, 2025
Sold by
Velez Cesar and Gavidia Carmen
Bought by
Moroc Ramon Eladio Felipe
Seller's Agent
Francis Joissim
PEARL GATE REALTY
List Price
$510,000
Sold Price
$510,000
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,536
Avg. Annual Appreciation
18.52%
Original Mortgage
$408,000
Outstanding Balance
$406,196
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$164,340
Purchase Details
Closed on
Jun 22, 1993
Bought by
Velez Cesar and Velez Carmen
Purchase Details
Closed on
Jun 15, 1993
Sold by
Velez Cesar and Velez Carmen
Bought by
Velez Cesar and Velez Carmen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moroc Ramon Eladio Felipe | $510,000 | New Horizon Abstract | |
| Velez Cesar | $40,000 | -- | |
| Velez Cesar | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moroc Ramon Eladio Felipe | $408,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Sold | $510,000 | -8.9% | -- |
| 05/22/2025 05/22/25 | Price Changed | $560,000 | +9.8% | -- |
| 02/04/2025 02/04/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | For Sale | $510,000 | -- | -- |
Source: Garden State MLS
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 | $6,256 | $164,500 | $35,900 | $128,600 |
| 2024 | $6,133 | $164,500 | $35,900 | $128,600 |
| 2022 | $6,146 | $164,500 | $35,900 | $128,600 |
| 2021 | $6,142 | $164,500 | $35,900 | $128,600 |
| 2020 | $6,251 | $164,500 | $35,900 | $128,600 |
| 2019 | $6,187 | $164,500 | $35,900 | $128,600 |
| 2018 | $6,075 | $164,500 | $35,900 | $128,600 |
| 2017 | $5,856 | $164,500 | $35,900 | $128,600 |
| 2016 | $5,659 | $164,500 | $35,900 | $128,600 |
| 2015 | $5,443 | $164,500 | $35,900 | $128,600 |
| 2014 | $5,101 | $164,500 | $35,900 | $128,600 |
Source: Public Records
Agents Affiliated with this Home
-
Francis Joissim
Map
Source: Garden State MLS
MLS Number: 3943830
APN: 14-00718-0000-00030
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