52 Summer Avenue

Local assessors in Newark, NJ have categorized 52 Summer Avenue as a residential type of property. The home was built in 1912 and is 112 years old. The property's lot size has been calculated to be 2,012 square feet. The linear feet between the front and back of the lot was measured at 671 ft and the front of the lot was measured at 300 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 52 Summer Avenue has a total of 3,842 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 52 Summer Avenue was last sold in Dec 8, 2021 for $415,000. According to our calculations, that's $108.02 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Jul 6, 2021. Current property owners are expected to pay $6,841 in taxes per year. The property on 52 Summer Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $183,100. To break that down further, the land itself was valued at $18,200. While improvements to the property were assessed at a total of $164,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.