NOT LISTED FOR SALE

62 Summit Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $605,394

Studio
-- Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: November 15, 2016

Last sale price $95,000

Est. 537% increase in value since last sale

Current estimated payment $3,921 / mo

46 Days on Market

About This Home

As of November 2016

This home is located at 62 Summit Ave, Newark, NJ 07112 since 28 July 2016 and is currently estimated at $605,394. This property was built in 1927. 62 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.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Brokerage Phone: 973-429-0990 Listed on: 07/28/2016

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 1927

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • I D: 4646295
  • Attribution Contact: 973-429-0990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

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
Jun 27, 2015
Sold by
Castle Peak 2012 1 Loan Trust and Fontoura Armando B
Bought by
Current Estimated Value
$605,394

Purchase Details

Closed on
Jun 21, 2006
Sold by
Grier Charles
Bought by
Brown Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
9.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Weequahic, NJ

  • Christine Austin Real Estate Agent - RE/MAX First Realty II

    Christine Austin

    RE/MAX First Realty II

    (973) 798-9342

    57 Total Sales

    12 in Weequahic

    $326K - $700K Price Range

    Christine Austin
     Section Image
  • David Vanegas Real Estate Agent - EXP Realty, LLC

    David Vanegas

    EXP Realty, LLC

    (862) 829-3004

    99 Total Sales

    2 in Weequahic

    $575,000 Price Range

    David Vanegas
     Section Image
  • Emily Frisch Real Estate Agent - WEICHERT REALTORS

    Emily Frisch

    WEICHERT REALTORS

    (862) 465-9040

    143 Total Sales

    1 in Weequahic

    $550,000 Price

    Emily Frisch
     Section Image
  • Carol Rowe-Mair Real Estate Agent - RE/MAX FIRST REALTY, INC.

    Carol Rowe-Mair

    Responds Quickly

    RE/MAX FIRST REALTY, INC.

    (908) 460-8204

    58 Total Sales

    2 in Weequahic

    $465,000 Price Range

    Carol Rowe-Mair
     Section Image
  • Giselle Ortega Real Estate Agent - Keller Williams Park Views

    Giselle Ortega

    Keller Williams Park Views

    (786) 780-2171

    107 Total Sales

    4 in Weequahic

    $515K - $640K Price Range

    Giselle Ortega
     Section Image
  • Jamel Driver Real Estate Agent - EXP Realty, LLC

    Jamel Driver

    EXP Realty, LLC

    (866) 792-3606

    22 Total Sales

    4 in Weequahic

    $495K - $625K Price Range

    Jamel Driver
     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
-- None Available
Brown Stephanie $250,000 --
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 $402,000
Previous Owner Brown Stephanie $225,000
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
11/15/2016 11/15/16 Sold $95,000 -4.9% --
09/12/2016 09/12/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $99,900 -- --
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 $6,778 $169,500 $27,300 $142,200
2025 $6,778 $169,500 $27,300 $142,200
2024 $6,319 $169,500 $27,300 $142,200
2022 $6,333 $169,500 $27,300 $142,200
2021 $6,329 $169,500 $27,300 $142,200
2020 $6,441 $169,500 $27,300 $142,200
2019 $6,375 $169,500 $27,300 $142,200
2018 $6,260 $169,500 $27,300 $142,200
2017 $6,034 $169,500 $27,300 $142,200
2016 $5,831 $169,500 $27,300 $142,200
2015 $5,609 $169,500 $27,300 $142,200
2014 $5,256 $169,500 $27,300 $142,200
Source: Public Records

Agents Affiliated with this Home

  • RB

    Seller's Agent in 2016

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3325587

Garden State MLS

APN: 14-03728-0000-00014

New Jersey Essex County Newark 07112 Weequahic

62 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.

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.