514-516 Summer Ave, Newark, NJ 07104 is a single family home that contains 2,955 sq ft and was built in 1897. This home last sold for $500,000 in June 2025.
The Zestimate for this house is $753,500. The Rent Zestimate for this home is $2,988/mo.
Sold for $500,000
Street View
$500,000
514-516 Summer Ave, Newark, NJ 07104
--beds
--baths
2,955sqft
SingleFamily
Built in 1897
0.29 Acres Lot
$753,500 Zestimate®
$169/sqft
$2,988 Estimated rent
Home value
$753,500
$671,000 - $851,000
$2,988/mo
Zestimate® history
Owner options
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$2,988/mo
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$2,988/mo
Rent Zestimate®
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$3,582/mo
Est. payment
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$3,582/mo
Est. payment
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Facts & features
Interior
Interior area
- Total interior livable area: 2,955 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Wood
Lot
- Size: 0.29 Acres
Details
- Parcel number: 1400681000000024
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
Condition
- Year built: 1897
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $195,200
- Annual tax amount: $7,806
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2025 | Sold | $500,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,806 +5.2% | $195,200 |
| 2024 | $7,423 +0.1% | $195,200 |
| 2023 | $7,418 | $195,200 |
| 2022 | $7,418 | $195,200 |
| 2021 | $7,418 +1% | $195,200 |
| 2020 | $7,341 +293.2% | $195,200 |
| 2019 | $1,867 | $195,200 |
| 2018 | $1,867 -72.2% | $195,200 |
| 2017 | $6,715 +4% | $195,200 |
| 2016 | $6,459 +6.7% | $195,200 |
| 2015 | $6,053 +5% | $195,200 |
| 2014 | $5,764 -30.7% | $195,200 -21.9% |
| 2012 | $8,313 +4.7% | $249,800 |
| 2011 | $7,944 +16.1% | $249,800 |
| 2010 | $6,842 +5.4% | $249,800 |
| 2009 | $6,492 +4.4% | $249,800 |
| 2008 | $6,220 | $249,800 |
| 2007 | $6,220 | $249,800 |
| 2006 | -- | $249,800 |
| 2005 | -- | $249,800 |
| 2004 | $5,396 | $249,800 |
| 2003 | -- | $249,800 +1481% |
| 2002 | -- | $15,800 |
| 2001 | -- | $15,800 |
Find assessor info on the county website
Neighborhood: Forest Hill
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Nearby schools
GreatSchools rating
- 5/10Elliott Street Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 8/10Technology High SchoolGrades: 9-12Distance: 0.8 mi
- 1/10Barringer High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$753,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$753,500
- New Jersey
- Essex County
- Newark
- 07104
- Forest Hill
- 514-516 Summer Ave