NOT LISTED FOR SALE

741 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $446,000 - $604,338

Studio
-- Bath
2,260 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2025

Last sale price $555,000 $246 Per Sq Ft

Current estimated payment $3,473 / mo

24 Days on Market

About This Home

As of March 2025

This home is located at 741 Summer Ave, Newark, NJ 07104 since 02 November 2024 and is currently estimated at $556,585, approximately $246 per square foot. 741 Summer Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Rafael Hernandez School, and First Avenue Elementary School.

Last Agent to Sell the Property

Janethe Cruz

NIGITO REAL ESTATE LLC Brokerage Phone: 9739022728 Listed on: 11/02/2024

Last Buyer's Agent

Amanda Ng

SERHANT NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 5322053
  • Attribution Contact: 9739022728
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

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

Listed on
Nov 2, 2024
Closed on
Mar 4, 2025
Sold by
Bought by
Seller's Agent
Janethe Cruz
NIGITO REAL ESTATE LLC
Buyer's Agent
Amanda Ng
SERHANT NEW JERSEY LLC
List Price
$539,000
Sold Price
$555,000
Premium/Discount to List
$16,000
2.97%
Views
19
Current Estimated Value
$556,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,585
Avg. Annual Appreciation
0.22%
Original Mortgage
$555,000
Interest Rate
0.0695%
Mortgage Type
VA

Purchase Details

Listed on
May 23, 2017
Closed on
Nov 30, 2017
Sold by
Bought by
Seller's Agent
Janethe Cruz
NIGITO REAL ESTATE LLC
Buyer's Agent
Janethe Cruz
NIGITO REAL ESTATE LLC
List Price
$254,000
Sold Price
$230,000
Premium/Discount to List
-$24,000
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%
Original Mortgage
$172,500
Interest Rate
0.0394%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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ICE

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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

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
$555,000 Fidelity National Title
$230,000 --
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
Closed $559,770
Closed $555,000
Closed $172,500
Closed $211,105
Closed $240,000
Closed $60,000
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 Prior Sale
03/06/2025 03/06/25 Sold $555,000 +3.0% $246 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/02/2024 11/02/24 For Sale $539,000 +134.3% $238 / Sq Ft
12/05/2017 12/05/17 Sold $230,000 -9.4% $102 / Sq Ft View Prior Sale
06/09/2017 06/09/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $254,000 -- $112 / 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 $5,811 $145,300 $26,100 $119,200
2025 $5,811 $145,300 $26,100 $119,200
2024 $5,417 $145,300 $26,100 $119,200
2023 $5,428 $145,300 $26,100 $119,200
2022 $5,428 $145,300 $26,100 $119,200
2021 $5,426 $145,300 $26,100 $119,200
2020 $5,521 $145,300 $26,100 $119,200
2019 $5,465 $145,300 $26,100 $119,200
2018 $5,366 $145,300 $26,100 $119,200
2017 $5,173 $145,300 $26,100 $119,200
2016 $4,998 $145,300 $26,100 $119,200
2015 $4,808 $145,300 $26,100 $119,200
2014 $4,506 $145,300 $26,100 $119,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Janethe Cruz

    NIGITO REAL ESTATE LLC

    (973) 902-2728

    1 in this area

    30 Total Sales

    Janethe Cruz
    Section Image
  • Amanda Ng

    Buyer's Agent in 2025

    Amanda Ng

    SERHANT NEW JERSEY LLC

    (732) 778-3361

    1 in this area

    17 Total Sales

    Amanda Ng
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3932556

Garden State MLS

APN: 14-00775-0000-00007

New Jersey Essex County Newark 07104 North Broadway

741 Summer Ave, Newark, NJ

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