$750,000
SOLD NOV 20, 2024

828 Summer Ave Unit 832 Newark, NJ 07104

North Broadway Neighborhood
-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Recently Sold

6% Below List Price

60 Days on Market

About This Home

As of November 2024

This home is located at 828 Summer Ave Unit 832, Newark, NJ 07104 and is currently priced at $750,000. 828 Summer Ave Unit 832 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

CARLOS M. SILVA

CORNERSTONE REALTY ASSOCIATES Brokerage Phone: 973-856-6900 Listed on: 04/08/2024

Last Buyer's Agent

ANTONIO COSTA

EXIT REALTY LUCKY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,360

Lot Details

  • 10,454 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,360

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 828
  • I D: 5279967
  • Modified: 2024-11-20
  • Attribution Contact: 973-856-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 80X128.7 AVG.
  • Total Acres: 0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Nov 12, 2024
Sold by
Summer Avenue Associates Llc and Summer Ave Associates Llc
Bought by
Summer Avenue Apartments Llc
Seller's Agent
CARLOS M. SILVA
CORNERSTONE REALTY ASSOCIATES
Buyer's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%
Views
22
Current Estimated Value
$732,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,137
Avg. Annual Appreciation
-10.69%
Original Mortgage
$450,000
Outstanding Balance
$446,645
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$244,743

Purchase Details

Closed on
Mar 19, 2020
Sold by
Mairagas Anthony and Mairagas Marina
Bought by
Summer Avenue Associates Llc and Summer Ave Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 1990
Sold by
Zoulia Frank and Zoulia Labia
Bought by
Mairagas Anthony and Mairagas Marina
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 Type Sale Price Title Company
Deed $750,000 Madison Title
Deed $750,000 Madison Title
Deed $400,000 Ats Title Agency
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Closed $450,000 New Conventional
Previous Owner $300,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $750,000 -3.7% --
11/16/2024 11/16/24 Price Changed $779,000 -2.6% --
11/16/2024 11/16/24 For Sale $799,900 0.0% --
06/10/2024 06/10/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $799,900 -- --
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 $6,360 $170,600 $43,100 $127,500
2024 $6,360 $170,600 $43,100 $127,500
2022 $12,631 $338,100 $43,100 $295,000
2021 $12,625 $338,100 $43,100 $295,000
2020 $6,483 $170,600 $43,100 $127,500
2019 $6,416 $170,600 $43,100 $127,500
2018 $6,300 $170,600 $43,100 $127,500
2017 $6,073 $170,600 $43,100 $127,500
2016 $5,869 $170,600 $43,100 $127,500
2015 $5,645 $170,600 $43,100 $127,500
2014 $5,290 $170,600 $43,100 $127,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    CARLOS M. SILVA

    CORNERSTONE REALTY ASSOCIATES

  • A

    Buyer's Agent in 2024

    ANTONIO COSTA

    EXIT REALTY LUCKY ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3894768

Garden State MLS

APN: 14-00815-0000-00012

New Jersey Essex County Newark 07104 North Broadway

828 Summer Ave Unit 832, Newark, NJ

This home is located at 828 Summer Ave Unit 832, Newark, NJ 07104 and is currently priced at $750,000. 828 Summer Ave Unit 832 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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