NOT LISTED FOR SALE

70 Summit Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $467,000 - $512,000

Studio
-- Bath
2,697 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 70 Summit Ave, Newark, NJ 07112 and is currently estimated at $495,628, approximately $183 per square foot. 70 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
Sep 24, 2022
Sold by
Shaw Robert
Bought by
Shaw Robert
Current Estimated Value
$495,628

Purchase Details

Closed on
Sep 16, 1997
Sold by
Pena Development
Bought by
Shaw Robert and Shaw Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1997
Sold by
Advanta Mortgage
Bought by
Pena Development

Purchase Details

Closed on
Nov 14, 1995
Sold by
Fontoura Armando
Bought by
Advanta Mtg
Source: Public Records

Range of Values:

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

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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

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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
Shaw Robert -- --
Shaw Robert $94,850 --
Pena Development $60,000 --
Advanta Mtg $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw Robert $96,000
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 $6,226 $167,000 $28,500 $138,500
2024 $6,226 $167,000 $28,500 $138,500
2022 $6,239 $167,000 $28,500 $138,500
2021 $6,236 $167,000 $28,500 $138,500
2020 $6,346 $167,000 $28,500 $138,500
2019 $6,281 $167,000 $28,500 $138,500
2018 $6,167 $167,000 $28,500 $138,500
2017 $5,945 $167,000 $28,500 $138,500
2016 $5,745 $167,000 $28,500 $138,500
2015 $5,526 $167,000 $28,500 $138,500
2014 $5,179 $167,000 $28,500 $138,500
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

70 Summit Ave, Newark, NJ

Not Listed for Sale

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