8 days on rocket

316 Summer Ave, Newark, NJ, 07104

$799,000

Home List Price

$9,488*

Closing Credit

6 Bedrooms
3 Full Baths
House

Location

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316 Summer Ave, Newark$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDetached, Park Space
HeatingNatural Gas
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
MLS #24037596
StatusActive
(ACTIVE)

About 316 Summer Ave

3 FAMILY NORTH NEWARK, MINUTES TO PUBLIC TRANS, MAJOR HIGHWAYS, SHOPS, SCHOOLS, COMPLETELY GUTTED & RENOVATED 7 YEARS AGO. ABSOLUTELY NOTHING TO DO BUT MOVE IN!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Professionals 1
  • Office Phone: (973) 450-4000
  • Listing Agent: Jorge Velasquez

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Shingles, Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000

Tax Information:

  • Annual Amount: $5,709
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

316 Summer Ave vs Newark

8 DAYS ON ROCKET

-6 Days

$799,000

+$399K More

KEY TAKEAWAY

This property is $399K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24037596

Listing Office:

  • Office Name: RE/MAX Professionals 1
  • Office Phone: (973) 450-4000
  • Listing Agent: Jorge Velasquez

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 13, 2016Home Sold
$220,000
Dec 09, 2014Home Sold
$45,000
Apr 16, 2004Home Sold
$262,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,709$202,800
2019$7,489$202,800
2018$7,220$202,800
2017$7,220$202,800

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-163970
4
/10
  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.14 miles

  • Public District Grades PK-4

school-card-donut-163971
4
/10
  • Franklin Elementary School

  • 42 Park Ave

  • 0.58 miles

  • Public District Grades PK-4

school-card-donut-163972
5
/10
  • Washington Elementary School

  • 80 Belgrove Dr

  • 0.77 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,052. Most Newark, NJ residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 Summer Ave

What is the listing price of this property?

The listing price of 316 Summer Ave property is $799,000.

What type of property is this?

The property 316 Summer Ave is a house located in Newark, New Jersey, 07104.

Is this property for sale now?

Active Listing: 316 Summer Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,709 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 13, 2016 for $220,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 316 Summer Ave has 6 bedrooms and 3 bathrooms.

Rocket Homes›New Jersey›Essex County›Newark›07104›316 Summer Ave

This home is located at 316 Summer Ave in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $799,000.

Newark, NJ housing market in November 2024 saw over 22 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. The number of homes for sale in Newark, NJ increased by 13.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 14 days, the median list price was $400,000.

From Rocket Homes Real Estate and based on county public records data.

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