NOT LISTED FOR SALE

737 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $446,000 - $549,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 03, 2020

Last sale price $241,500

Est. 99% increase in value since last sale

Current estimated payment $2,988/month

80 Days on Market

About This Home

As of March 2020

This home is located at 737 Summer Ave, Newark, NJ 07104 since 01 July 2019 and is currently estimated at $479,392. This property was built in 1912. 737 Summer Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

Last Buyer's Agent

MORGAN COUTO

NENO-ROSA AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1912

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,753

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • Street Number Display: 737
  • I D: 4911524
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 678-201-0475
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Mar 2, 2020
Sold by
The Bank Of New York Mellon Trust
Bought by
Jersey Mountain 360 Llc
Buyer's Agent
MORGAN COUTO
NENO-ROSA AGENCY
List Price
$219,000
Sold Price
$241,500
Premium/Discount to List
$22,500
10.27%
Current Estimated Value
$479,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,892
Avg. Annual Appreciation
13.56%
Original Mortgage
$260,000
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 25, 2005
Sold by
Lorenzo Dorothy
Bought by
Sanchez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 12, 1990
Sold by
Torres Dorothy
Bought by
Lorenzo Dorothy

Purchase Details

Closed on
May 12, 1989
Sold by
Torres Harold
Bought by
Torres Dorothy
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Jersey Mountain 360 Llc $241,500 Premium Title Services Inc
Sanchez Jesus $326,000 --
Lorenzo Dorothy -- --
Torres Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jersey Mountains 360 Llc $275,000
Closed Jersey Mountain 360 Llc $260,000
Previous Owner Sanchez Jesus $260,800
Previous Owner Sanchez Jesus $48,900
Previous Owner Sanchez Jesus $260,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $241,500 +10.3% --
09/19/2019 09/19/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $219,000 -- --
Source: Garden State MLS

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 $4,753 $127,500 $24,800 $102,700
2024 $4,753 $127,500 $24,800 $102,700
2022 $4,763 $127,500 $24,800 $102,700
2021 $4,761 $127,500 $24,800 $102,700
2020 $4,845 $127,500 $24,800 $102,700
2019 $4,795 $127,500 $24,800 $102,700
2018 $4,709 $127,500 $24,800 $102,700
2017 $4,539 $127,500 $24,800 $102,700
2016 $4,386 $127,500 $24,800 $102,700
2015 $4,219 $127,500 $24,800 $102,700
2014 $3,954 $127,500 $24,800 $102,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2020

    MORGAN COUTO

    NENO-ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3569925

Garden State MLS

APN: 14-00775-0000-00005

New Jersey Essex County Newark 07104 North Broadway

737 Summer Ave, Newark, NJ

This home is located at 737 Summer Ave, Newark, NJ 07104 since 01 July 2019 and is currently estimated at $479,392. This property was built in 1912. 737 Summer Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

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