NOT LISTED FOR SALE

65 Summit Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $301,000 - $617,624

Studio
-- Bath
3,066 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 65 Summit Ave, Newark, NJ 07112 and is currently estimated at $509,906, approximately $166 per square foot. 65 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Miller Derrick
Bought by
Pb3 Renovations & Management Llc
Current Estimated Value
$509,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$235,710
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$274,196

Purchase Details

Closed on
Sep 15, 2005
Sold by
Hawthorne Ollie
Bought by
Miller Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.93%
Source: Public Records

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.

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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

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.

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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

Date Buyer Sale Price Title Company
Pb3 Renovations & Management Llc -- Title Agency Of Nj Inc
Miller Derrick $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pb3 Renovations & Management Llc $262,500
Previous Owner Miller Derrick $144,000
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 $8,276 $222,000 $28,500 $193,500
2024 $8,276 $222,000 $28,500 $193,500
2022 $8,294 $222,000 $28,500 $193,500
2021 $8,289 $222,000 $28,500 $193,500
2020 $8,436 $222,000 $28,500 $193,500
2019 $8,349 $222,000 $28,500 $193,500
2018 $8,198 $222,000 $28,500 $193,500
2017 $7,903 $222,000 $28,500 $193,500
2016 $7,637 $222,000 $28,500 $193,500
2015 $7,346 $222,000 $28,500 $193,500
2014 $6,884 $222,000 $28,500 $193,500
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

65 Summit Ave, Newark, NJ

Not Listed for Sale

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