NOT LISTED FOR SALE

787 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $620,000 - $774,000

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold December 29, 2017

Last sale price $168,999

Est. 314% increase in value since last sale

Current estimated payment $4,339/month

About This Home

As of December 2017

This home is located at 787 Summer Ave, Newark, NJ 07104 since 28 December 2017 and is currently estimated at $713,026. 787 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 Agent to Sell the Property

MANUEL ROSA JR

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 12/28/2017

Last Buyer's Agent

Sujatha Bhaskara

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,136

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,136

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 787
  • I D: 4767532
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 20X106
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
E & S Residential Llc
Bought by
Miron 47 Llc
Current Estimated Value
$699,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$550,256
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$162,770

Purchase Details

Closed on
Oct 6, 2021
Sold by
787 Summer Ave Llc
Bought by
E & S Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,750
Interest Rate
3.01%

Purchase Details

Listed on
Dec 28, 2017
Closed on
Nov 30, 2017
Sold by
Kina Development Llc
Bought by
787 Summer Ave Llc
Seller's Agent
MANUEL ROSA JR
ROSA AGENCY
Buyer's Agent
Sujatha Bhaskara
KELLER WILLIAMS REALTY
List Price
$188,999
Sold Price
$168,999
Premium/Discount to List
-$20,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.80%
Original Mortgage
$185,000
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Listed on
Dec 28, 2017
Closed on
Nov 29, 2017
Sold by
Fnma
Bought by
Kina Development Llc
Seller's Agent
MANUEL ROSA JR
ROSA AGENCY
Buyer's Agent
Sujatha Bhaskara
KELLER WILLIAMS REALTY
List Price
$188,999
Sold Price
$168,999
Premium/Discount to List
-$20,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 20, 2007
Sold by
Alfonso Rafael and Alfonso Juana
Bought by
Melendez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.59%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Miron 47 Llc $700,000 First American Title
E & S Residential Llc -- Successful Abstract
787 Summer Ave Llc -- --
Kina Development Llc $169,000 --
Melendez Irma $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miron 47 Llc $560,000
Previous Owner E & S Residential Llc $798,750
Previous Owner Kina Development Llc $185,000
Previous Owner Melendez Irma $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $168,999 -10.6% --
12/28/2017 12/28/17 Pending -- -- --
12/28/2017 12/28/17 For Sale $188,999 -- --
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 $6,136 $164,600 $23,000 $141,600
2024 $6,136 $164,600 $23,000 $141,600
2022 $6,149 $164,600 $23,000 $141,600
2021 $6,146 $164,600 $23,000 $141,600
2020 $6,255 $164,600 $23,000 $141,600
2019 $6,191 $164,600 $23,000 $141,600
2018 $6,079 $164,600 $23,000 $141,600
2017 $5,860 $164,600 $23,000 $141,600
2016 $5,662 $164,600 $23,000 $141,600
2015 $5,447 $164,600 $23,000 $141,600
2014 $5,104 $164,600 $23,000 $141,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MANUEL ROSA JR

    ROSA AGENCY

  • Sujatha Bhaskara

    Buyer's Agent in 2017

    Sujatha Bhaskara

    KELLER WILLIAMS REALTY

    (732) 319-1340

    216 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3437395

Garden State MLS

APN: 14-00816-0000-00002

New Jersey Essex County Newark 07104 North Broadway

787 Summer Ave, Newark, NJ

This home is located at 787 Summer Ave, Newark, NJ 07104 since 28 December 2017 and is currently estimated at $713,026. 787 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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