NOT LISTED FOR SALE

98-100 Summit Ave Newark, NJ 07112

Hillside Township Neighborhood

Estimated Value: $542,000 - $698,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 21, 2019

Last sale price $132,128

Est. 376% increase in value since last sale

Current estimated payment $4,401/month

8 Days on Market

About This Home

As of May 2019

This home is located at 98-100 Summit Ave, Newark, NJ 07112 since 19 November 2018 and is currently estimated at $628,778. This property was built in 1952. 98-100 Summit Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

YVONNE MARSHALL

EXIT PLATINUM REALTY Brokerage Phone: 678-201-0475 Listed on: 11/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,453

Year Built

  • 1952

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,453

Year Built

1952

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 98-100
  • I D: 4853436
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 678-201-0475
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1952

Lot Info

  • Lot Size: 40X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Gabriel Tejeda
Bought by
Cannady Kieran
Total Days on Market
8
Current Estimated Value
$628,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$478,952
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$149,826

Purchase Details

Listed on
Nov 19, 2018
Closed on
May 13, 2019
Sold by
Wilmington Na
Bought by
98100 Summit Llc
Buyer's Agent
YVONNE MARSHALL
EXIT PLATINUM REALTY
List Price
$140,800
Sold Price
$132,128
Premium/Discount to List
-$8,672
-6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.47%
Original Mortgage
$146,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 22, 1997
Sold by
Moore Altina
Bought by
Lane Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.47%
Mortgage Type
FHA
Source: Public Records

Similar Home in Newark, NJ

  • 61-63 Wainwright St, Newark, NJ 07112

    $669,999

    • Studio
    • 3,222 Sq Ft
    • 61-63 Wainwright St
    • Newark, NJ

    Are you seeking to owner-occupy or rent an income producing property? this is the perfect opportunity to do BOTH. This property has low taxes $7,073. The property has separate entrances. There are separate electrical panels, hot water heaters and furnaces for each unit of the home. The location is conveniently located near route 78,GSP, Newark Airport, schools and transportation. This

    Sylvia Robinson-Boyer HomeSmart First Advantage Realty

    Section Image
See All Homes in Newark

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cannady Kieran $525,000 Rms Title Services
98100 Summit Llc $138,734 First American Title
Lane Leroy $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannady Kieran $500,000
Previous Owner 98-100 Summit 1 Llc $146,000
Previous Owner Lane Leroy $319,050
Previous Owner Lane Leroy $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $132,128 -6.2% --
11/27/2018 11/27/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $140,800 -- --
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
2024 $10,453 $280,400 $28,500 $251,900
2022 $10,476 $280,400 $28,500 $251,900
2021 $10,470 $280,400 $28,500 $251,900
2020 $10,655 $280,400 $28,500 $251,900
2019 $6,702 $178,200 $28,500 $149,700
2018 $6,581 $178,200 $28,500 $149,700
2017 $6,344 $178,200 $28,500 $149,700
2016 $6,130 $178,200 $28,500 $149,700
2015 $5,897 $178,200 $28,500 $149,700
2014 $5,526 $178,200 $28,500 $149,700
Source: Public Records

Agents Affiliated with this Home

  • Y

    Buyer's Agent in 2019

    YVONNE MARSHALL

    EXIT PLATINUM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3516550

Garden State MLS

APN: 14-03728-01-00007

New Jersey Essex County Newark 07112 Hillside Township

98-100 Summit Ave, Newark, NJ

This home is located at 98-100 Summit Ave, Newark, NJ 07112 since 19 November 2018 and is currently estimated at $628,778. This property was built in 1952. 98-100 Summit Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes