NOT LISTED FOR SALE

793 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $614,377 - $825,000

8 Beds
3 Baths
2,592 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $520,000 $201 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,738/month

33 Days on Market

About This Home

As of May 2022

This home is located at 793 Summer Ave, Newark, NJ 07104 since 14 October 2021 and is currently estimated at $704,344, approximately $271 per square foot. 793 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

Alfredo Silva

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 10/14/2021

KELLER WILLIAMS PARK VIEWS

Last Buyer's Agent

Alfredo Silva

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 10/14/2021

KELLER WILLIAMS PARK VIEWS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,680

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,680

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 793
  • I D: 5109809
  • Modified: 2023-05-24
  • Number Images: 1
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28X140.6
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
May 19, 2022
Sold by
Er Investments Llc
Bought by
Paulino-Santana Linda A
Seller's Agent
Alfredo Silva
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
Alfredo Silva
KELLER WILLIAMS PARK VIEWS
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Current Estimated Value
$687,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,516
Avg. Annual Appreciation
9.88%
Original Mortgage
$478,225
Outstanding Balance
$452,557
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$251,787

Purchase Details

Closed on
Aug 24, 2011
Sold by
Dlj Mortgage Capital Inc
Bought by
Er Investments Llc

Purchase Details

Closed on
Dec 1, 2010
Sold by
Sheriff Armando Fontoura
Bought by
Dlj Mortgage Capital

Purchase Details

Closed on
Nov 28, 2006
Sold by
Villaronga Esther
Bought by
Castillo Rommel and Naranjo Janet Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.4%

Purchase Details

Closed on
Aug 19, 1999
Sold by
Feliciano Gaspar
Bought by
Castro Miguel and Castro Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,796
Interest Rate
7.53%
Source: Public Records

Range of Values:

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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
Paulino-Santana Linda A $520,000 Iannarella Dominic
Er Investments Llc $131,000 None Available
Dlj Mortgage Capital $100 --
Castillo Rommel $405,000 --
Castro Miguel $153,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulino-Santana Linda A $478,225
Previous Owner Castillo Rommel $324,000
Previous Owner Castro Esther M $204,000
Previous Owner Castro Esther M $75,443
Previous Owner Castro Miguel $145,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $520,000 -5.3% $201 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $549,000 -- $212 / Sq Ft
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 $11,680 $286,800 $29,600 $257,200
2024 $11,680 $286,800 $29,600 $257,200
2022 $4,946 $132,400 $29,600 $102,800
2021 $4,944 $132,400 $29,600 $102,800
2020 $5,031 $132,400 $29,600 $102,800
2019 $4,980 $132,400 $29,600 $102,800
2018 $4,890 $132,400 $29,600 $102,800
2017 $4,713 $132,400 $29,600 $102,800
2016 $4,555 $132,400 $29,600 $102,800
2015 $4,381 $132,400 $29,600 $102,800
2014 $4,106 $132,400 $29,600 $102,800
Source: Public Records

Agents Affiliated with this Home

  • Alfredo Silva

    Seller's Agent in 2022

    Alfredo Silva

    KELLER WILLIAMS PARK VIEWS

    (973) 715-4254

    3 in this area

    46 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3746531

Garden State MLS

APN: 14-00816-0000-00005

New Jersey Essex County Newark 07104 North Broadway

793 Summer Ave, Newark, NJ

This home is located at 793 Summer Ave, Newark, NJ 07104 since 14 October 2021 and is currently estimated at $704,344, approximately $271 per square foot. 793 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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