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101 Summit Avenue

101 Summit Avenue, Newark, NJ 07112
Property in Weequahic
Sold Jul 19, 2010
$78,000
$138,100 by Rocket Mortgage Llc
Mortgage Due Jul 01, 2052
Sold Mar 24, 2010
Transfer
101 Summit Avenue in Newark, NJ was first built in 1957 and is 67 years old. This has been categorized as a residential property type. There are a total of 2 floors. 101 Summit Avenue has 1,754 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,698 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Mar 26, 2010 for $78,000. That's $44.47 per sqft. 101 Summit Avenue was last assessed in 2022. The total value of the property was assessed at $155,200. Specifically, the land the property is located on was valued at $27,800. While improvements on the property were assessed at a total of $127,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,798. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,698
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,754
  • Building Area: 1,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,754
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HENDERSON SHAWN
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: APONTE ALVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 004500

Geography

  • Assessors Map Reference: TAX MAP 107
  • District: 14
  • Parcel: 14 03721- 02-00012
  • Block: 3721.02
  • Lot: 12
  • Municipality: NEWARK CITY
  • Latitude: 40.7077
  • Longitude: -74.2236

    Address

  • Full Address: 101 Summit Ave
  • Address - House Number: 101
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C046
  • 4-Digit Zip Code: 1212
  • Zip Code: 07112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,798

    Appraisal Valuation

  • Standard Deviation: 0.256
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 63
  • Final Value: 349,431
  • High Value: 438,886
  • Low Value: 259,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,100
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 15, 2022
  • First Open Lien Mortgage Loan Amount: $138,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $155,200
  • Market Land Value: $27,800
  • Market Improvement Value: $127,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $155,200
  • Assessed Land Value: $27,800
  • Assessed Improvements Value: $127,400

    Sales

  • Current Sale Contract Date: Mar 26, 2010
  • Current Sale Recording Date: Jul 19, 2010
  • Current Sale Transaction ID: 1100172225
  • Current Sale Price: $78,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10051717
  • Previous Sale Recording Date: Mar 24, 2010
  • Previous Sale Contract Date: Mar 04, 2010
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 19, 2010
  • First Mortgage Loan Amount: $101,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2040

About Weequahic



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Frequently Asked Questions

What neighborhood is 101 Summit Avenue located in?
The 101 Summit Avenue is a located in the neighborhood of Weequahic in Weequahic, Newark.
What is the average sales price for listings in 101 Summit Avenue?
The average sales price for units in 101 Summit Avenue is $0 currently.

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