NOT LISTED FOR SALE

81 Summer Ave Unit 3 Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $695,000 - $946,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

About This Home

This home is located at 81 Summer Ave Unit 3, Newark, NJ 07104 and is currently estimated at $823,325. 81 Summer Ave Unit 3 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and McKinley School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Youmans George
Bought by
Alabi Olanike
Current Estimated Value
$823,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,462
Outstanding Balance
$567,882
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$255,443

Purchase Details

Closed on
Jun 12, 2003
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Alabi Olanike $637,000 Westcor Land Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alabi Olanike $625,462
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 $16,258 $436,100 $21,900 $414,200
2024 $16,258 $436,100 $21,900 $414,200
2022 $14,664 $392,500 $21,900 $370,600
2021 $14,656 $392,500 $21,900 $370,600
2020 $14,915 $392,500 $21,900 $370,600
2019 $7,962 $211,700 $21,900 $189,800
2018 $7,818 $211,700 $21,900 $189,800
2017 $7,537 $211,700 $21,900 $189,800
2016 $7,282 $211,700 $21,900 $189,800
2015 $7,005 $211,700 $21,900 $189,800
2014 $6,565 $211,700 $21,900 $189,800
Source: Public Records

Map

New Jersey Essex County Newark 07104 Seventh Avenue

81 Summer Ave Unit 3, Newark, NJ

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