NOT LISTED FOR SALE

98-100 Summit Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $706,000 - $815,000

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

Last Sold May 21, 2019

Last sale price $132,128

Est. 468% increase in value since last sale

Current estimated payment $4,758/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 $750,698. 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.

Last Buyer's Agent

YVONNE MARSHALL

EXIT PLATINUM REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4853436
  • Attribution Contact: 678-201-0475
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

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
Tejeda Gabriel
Bought by
Cannady Kieran
Current Estimated Value
$750,698

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
$476,265
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$274,433

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
29.75%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 Lane Leroy $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $10,453 $280,400 $28,500 $251,900
2024 $10,453 $280,400 $28,500 $251,900
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 Weequahic

98-100 Summit Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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