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Off market
  • $721,500

    398 Summer Ave, Newark, NJ 07104

    6beds
    2,547sqft
    MultiFamily
    Built in 1889
    -- sqft lot
    $721,500 Zestimate®
    $283/sqft
    $2,153 Estimated rent

    Home value

    $721,500

    $671,000 - $772,000

    $2,153/mo

    Zestimate® history
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    Owner options

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    $2,153/mo

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    $2,153/mo

    Rent Zestimate®

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    $5,138/mo

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    $5,138/mo

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    What's special

    Renovated 3-family great for owner occupant, or Investor! Features 12 foot ceilings, large windows, hardwood floors, granite counter top, new kitchens, new bathrooms, newer appliances, updated landscaping, newer roof, and two parking spaces. Current tenant gross from 2nd and 3rd floor rental is $2850, 1st floor is projected at an additional $2150/month.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,547 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 140061100000000401

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1889

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electric, Gas-Natural, See Remarks

    Community & HOA

    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $283/sqft
    • Tax assessed value: $200,000
    • Annual tax amount: $7,998

    Price history

    DateEventPrice
    9/19/2022Sold$540,000+9.1%$212/sqft
    Source: GSMLS #3784712 Report a problem
    9/8/2022Contingent$494,900$194/sqft
    Source: GSMLS #3784712 Report a problem
    5/25/2022Listed for sale$494,900+15.9%$194/sqft
    Source: GSMLS #3784712 Report a problem
    2/25/2021Listing removed--
    Source: Owner Report a problem
    4/12/2020Listing removed$1,850$1/sqft
    Source: Owner Report a problem
    3/26/2020Listed for rent$1,850$1/sqft
    Source: Owner Report a problem
    3/25/2020Listing removed--
    Source: Auction.com Report a problem
    3/13/2020Listed for sale--
    Source: Auction.com Report a problem
    2/11/2020Sold$427,000+2.9%$168/sqft
    Source: GSMLS #3584743 Report a problem
    10/22/2019Listed for sale$414,999+53.8%$163/sqft
    Source: EXP REALTY, LLC #3584743 Report a problem
    5/5/2015Listing removed$269,900$106/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    4/23/2015Price change$269,900-2.2%$106/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    4/6/2015Price change$276,000-0.7%$108/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    3/25/2015Price change$278,000-0.7%$109/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    3/18/2015Price change$280,000-1.1%$110/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    3/11/2015Price change$283,000-0.7%$111/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    3/5/2015Price change$285,000-0.7%$112/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    2/22/2015Price change$287,000-0.7%$113/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    2/7/2015Listed for sale$289,000+175.2%$113/sqft
    Source: RE/MAX Professionals I #3196960 Report a problem
    12/19/2014Sold$105,000-19.2%$41/sqft
    Source: Agent Provided Report a problem
    7/25/2014Listing removed$130,000$51/sqft
    Source: Jordan Baris Realtors #3147478 Report a problem
    6/6/2014Listed for sale$130,000$51/sqft
    Source: Jordan Baris Realtors #3147478 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,998 +5.2%$200,000
    2024$7,606 -35.3%$200,000
    2023$11,753 -3.6%$200,000 -36.4%
    2022$12,195 +111.6%$314,600 -3.7%
    2021$5,765 +1%$326,600 +115.3%
    2020$5,705 +37.4%$151,700
    2019$4,151 $151,700
    2018$4,151 -20.5%$151,700
    2017$5,218 +1.9%$151,700
    2016$5,119 $151,700
    Find assessor info on the county website

    Neighborhood: Forest Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $721,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $721,500