482-488 Summer Ave Newark, NJ 07104

Apartment1 owner signal on a paid plan
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Assessed
$1,500,000
Last sale
$10Aug 6, 2023
Built
—
Size
0.6 ac
Owner
Sign in to seeOwner details on a paid plan
Status
No open cases

Property information

Block
625
Lot
40
Qualifier
—
County
Essex
Municipality
Newark City
Tax map page
16
Land description
109.2X237.9

Building details

Building class
10
Description
4SB-9UG
Dwellings
1
Zoning
—
Square feet
—
Acreage
0.6 ac

Assessment

Land value
$960,000
64%
Improvement value
$540,000
36%
Total assessment
$1,500,000
Sale assessment
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Tax (2024)
$57,045

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

7 events · 1996–2023

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  • Deed recorded

    -92% vs 2011
    $10,750
    Held1.6 yrs

  • Deed recorded

    -96% vs 2008
    $130,000
    Held3.0 yrs

  • Foreclosure Case

    1. Filed
    2. Dismissed
    Type: Commercial Mortgage Foreclosure
    Status: Closed
    Disposition: Dismissed By Court Without Prejudice
    CourtGeneral Equity

  • Deed recorded

    +42% vs 2007
    $3,000,000
    Held1.8 yrs

  • Deed recorded

    +433% vs 1996
    $2,106,000
    Held10.5 yrs
  • 10 years

  • Deed recorded

    $395,000

County clerks also index recorded documents by address and by the names on them. Search Essex County records

YearProperty taxChangeLandImprovementAssessment
2024$57,045+2.0%$960,000$540,000$1,500,000
2023$55,920-0.2%$960,000$540,000$1,500,000
2022$56,010-1.7%$960,000$540,000$1,500,000
2021$57,000+1.0%$960,000$540,000$1,500,000
2020$56,415+1.8%$960,000$540,000$1,500,000
2019$55,395+3.7%$960,000$540,000$1,500,000
2018$53,400+3.5%$960,000$540,000$1,500,000
2017$51,600+4.0%$960,000$540,000$1,500,000
2016$49,635+6.7%$960,000$540,000$1,500,000
2015$46,515-4.0%$960,000$540,000$1,500,000
2014$48,476+20.5%$960,000$540,000$1,500,000
2013$40,219+3.7%$960,000$681,600$1,641,600
2012$38,775+4.7%$813,000$352,100$1,165,100
2011$37,050+16.1%$813,000$352,100$1,165,100
2010$31,912+5.4%$813,000$352,100$1,165,100
2009$30,281+4.4%$813,000$352,100$1,165,100
2008$29,011+0.0%$813,000$352,100$1,165,100
2007$29,011+8.3%$813,000$352,100$1,165,100
2006$26,797+1.8%$813,000$352,100$1,165,100
2005$26,331+4.6%$813,000$352,100$1,165,100
2004$25,166-5.6%$813,000$352,100$1,165,100
2003$26,647-4.5%$813,000$352,100$1,165,100
2002$27,894+0.3%$14,500$92,300$106,800
2001$27,811+1.4%$14,500$97,300$111,800
2000$27,425-8.5%$14,500$97,300$111,800
1999$29,962+1.8%$14,500$97,300$111,800
1998$29,443+4.4%$14,500$108,900$123,400
1997$28,197+5.7%$14,500$108,900$123,400
1996$26,667+1.3%$14,500$108,900$123,400
1995$26,334+0.2%$14,500$108,900$123,400
1994$26,272-22.6%$14,500$108,900$123,400
1993$33,950+5.1%$14,500$108,900$123,400
1992$32,315+17.5%$14,500$147,400$161,900
1991$27,507+10.5%$14,500$147,400$161,900
1990$24,884+6.3%$14,500$147,400$161,900
1989$23,411—$14,500$147,400$161,900

All 36 lots on Block 625