NOT LISTED FOR SALE

70 Summer Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $472,000 - $850,000

Studio
-- Baths
2,448 Sq Ft
$287/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2016

Last sale price $85,000 $35 Per Sq Ft

Est. 727% increase in value since last sale

Current estimated payment $4,447 / mo

350 Days on Market

About This Home

As of June 2016

This home is located at 70 Summer Ave, Newark, NJ 07104 since 17 April 2015 and is currently estimated at $702,544, approximately $286 per square foot. 70 Summer Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and McKinley School.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Brokerage Phone: 973-429-0990 Listed on: 04/17/2015

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,049 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4526056
  • Attribution Contact: 973-429-0990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.07

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
Jan 16, 2024
Sold by
Hmo Capital Llc
Bought by
Current Estimated Value
$702,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Outstanding Balance
$575,607
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$126,937

Purchase Details

Closed on
Mar 2, 2017
Sold by
Urban Capital Development 5 Llc
Bought by
Hmo Capital Llc

Purchase Details

Listed on
Apr 17, 2015
Closed on
Apr 28, 2016
Sold by
Nrz Reo Iii Corp
Bought by
Urban Capital Development 5 Llc
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
List Price
$124,900
Sold Price
$85,000
Premium/Discount to List
-$39,900
-31.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.93%

Purchase Details

Listed on
Apr 17, 2015
Closed on
Apr 27, 2016
Sold by
New Residential Mortgage Loan Trust 2014
Bought by
Nrz Reo Iii Corp
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
List Price
$124,900
Sold Price
$85,000
Premium/Discount to List
-$39,900
-31.95%

Purchase Details

Closed on
Jun 6, 2014
Bought by
New Residential Mortgage Loan Trust

Purchase Details

Closed on
Jan 15, 2010
Sold by
Summer Homes Llc
Bought by
Williams Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2008
Sold by
Indymac Bank Fsb
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Apr 11, 2008
Sold by
Loyola Michael and Loyola Milagro
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Sep 29, 2005
Sold by
Diaza Pedro
Bought by
Loyola Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.28%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Estate Of Enedina Arroyo
Bought by
Diaza Pedro
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Seventh Avenue, NJ

  • David Vanegas Real Estate Agent - EXP Realty, LLC

    David Vanegas

    EXP Realty, LLC

    (862) 829-3004

    99 Total Sales

    2 in Seventh Avenue

    $440,000 Price Range

    David Vanegas
     Section Image
  • Giselle Ortega Real Estate Agent - Keller Williams Park Views

    Giselle Ortega

    Keller Williams Park Views

    (786) 780-2171

    105 Total Sales

    2 in Seventh Avenue

    $460,000 Price Range

    Giselle Ortega
     Section Image
  • Debbie Kistle Real Estate Agent - KISTLE REALTY, LLC.

    Debbie Kistle

    KISTLE REALTY, LLC.

    (973) 756-3153

    223 Total Sales

    1 in Seventh Avenue

    $999,000 Price

    Debbie Kistle
     Section Image
  • Rachele JeanLouis Real Estate Agent - HomeQuest Realty Group, LLC

    Rachele JeanLouis

    HomeQuest Realty Group, LLC

    (908) 332-9426

    65 Total Sales

    1 in Seventh Avenue

    $565,000 Price

    Rachele JeanLouis
     Section Image
  • Zohar Zamir Real Estate Agent - KELLER WILLIAMS VILLAGE SQUARE REALTY

    Zohar Zamir

    KELLER WILLIAMS VILLAGE SQUARE REALTY

    (551) 296-1848

    737 Total Sales

    2 in Seventh Avenue

    $330,000 Price Range

    Zohar Zamir
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    300 Total Sales

    2 in Seventh Avenue

    $460,000 Price Range

    Nancy Chu
     Section Image
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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
$740,000 Cross Bridge Title
Hmo Capital Llc $88,000 None Available
Urban Capital Development 5 Llc $88,000 None Available
Nrz Reo Iii Corp -- None Available
New Residential Mortgage Loan Trust $100 --
New Residential Mortgage Loan Trust $100 --
Williams Antonio $290,000 None Available
Indymac Federal Bank Fsb -- North American Title Agency
Summer Homes Llc $65,000 North American Title Agency
Indymac Bank Fsb -- None Available
Loyola Michael $355,000 --
Diaza Pedro $145,000 --
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 $592,000
Previous Owner Williams Antonio $284,747
Previous Owner Loyola Michael $284,000
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
06/15/2016 06/15/16 Sold $85,000 -31.9% $35 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
04/17/2015 04/17/15 For Sale $124,900 -- $51 / Sq Ft
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 $6,850 $171,300 $22,300 $149,000
2025 $6,850 $171,300 $22,300 $149,000
2024 $6,386 $171,300 $22,300 $149,000
2022 $6,400 $171,300 $22,300 $149,000
2021 $6,396 $171,300 $22,300 $149,000
2020 $6,509 $171,300 $22,300 $149,000
2019 $6,443 $171,300 $22,300 $149,000
2018 $6,326 $171,300 $22,300 $149,000
2017 $6,098 $171,300 $22,300 $149,000
2016 $5,893 $171,300 $22,300 $149,000
2015 $5,668 $171,300 $22,300 $149,000
2014 $5,312 $171,300 $22,300 $149,000
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: 3213844

Garden State MLS

APN: 14-00485-0000-00041

New Jersey Essex County Newark 07104 Seventh Avenue

70 Summer Ave, Newark, NJ

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Information deemed reliable but not guaranteed.
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