387 Summer Avenue, Newark, NJ 07104 Property Information
387 Summer Avenue, Newark, NJ 07104 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 387 Summer Avenue, Newark |
| Zip code | 07104 |
| County | Essex |
| Municipality | Newark City |
| Block | 612 |
| Lot | 35 |
| Neighborhood | North Broadway |
Sales & Tax Overview for 387 Summer Avenue, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/02/2022 |
| Sale price | $480,000 |
| Arm's length | Register |
| Property tax | $7,554 |
Lot & Building Information for 387 Summer Avenue, Newark
| Building sqft | 440 |
| Building class | Commercial-Other (100) |
| Acreage | 0.066 |
| Stories | 2 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 387 Summer Avenue, Newark
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- • Improvements for 387 Summer Avenue, Newark , including their type, square footage, grade and when they were built.
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About 387 Summer Avenue, Newark
This Commercial-Other (100) located at 387 Summer Avenue, Newark, NJ 07104 has a total of 440 square feet.
What is the assessed value of 387 Summer Avenue, Newark, NJ 07104 and the property tax paid?Assessed at $188,900, the tax amount paid for 387 Summer Avenue, Newark, NJ 07104 is $7,554.
When was 387 Summer Avenue, Newark, NJ 07104 last sold and what was the last sale price?387 Summer Avenue, Newark, NJ 07104 was last sold in 09/02/2022 for $480,000.
Ownership Information
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Past Sales & Property History for 387 Summer Avenue, Newark
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| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 09/02/2022 | $480,000 | Register | Register |
Title Documents for 387 Summer Avenue, Newark
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R: Recorded date
D: Document date
Property Taxes for 387 Summer Avenue, Newark
Access detailed property tax data for 387 Summer Avenue, Newark, NJ 07104. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $7,554 |
| Market value | $188,900 |
Assessment History for 387 Summer Avenue, Newark
Here's the assessment & property tax history for 387 Summer Avenue, Newark, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $188,900 | $188,900 | 3.999 | $7,554 | +5.15% |
| 2024 | $188,900 | $188,900 | 3.803 | $7,184 | +2.01% |
| 2023 | $188,900 | $188,900 | 3.728 | $7,042 | -0.21% |
| 2022 | $188,900 | $188,900 | 3.736 | $7,057 | +0.05% |
| 2021 | $188,900 | $188,900 | 3.734 | $7,054 | -1.74% |
Demographics by Zip Code
| Total population | 52,266 |
| Median age | 36.5 |
| Average household income | $74,052 |
| Family households | 60.7% |
| Occupied housing units | 20,207 |
| Owner occupied units | 28.4% |
| Average number of people per household | 2.55 |
| Median year structure built | 1964 |
| Median value for units with a mortgage | $409,400 |
| Median value for units without a mortgage | $265,700 |
Risk
Create a free account to unlock extended information for 387 Summer Avenue, Newark, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 387 Summer Avenue, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 387 Summer Avenue, Newark
Here are the neighbors for 387 Summer Avenue, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 393 Summer Ave, Newark | 3,292 | 01/26/2024 | |
| 397-399 Summer Ave, Newark | 5,216 | 11/26/2014 | $300,000 |
| 407 Summer Ave, Newark | 02/13/2025 | ||
| 385 Summer Ave, Newark | 3,407 | 08/27/2012 | $175,000 |
| 389 Summer Ave, Newark | 1,798 | 12/02/2005 | $164,000 |
| 405 Summer Ave, Newark | 1,066 | 02/13/2025 | |
| 383 Summer Ave, Newark | 2,002 | 07/27/2004 | $200,000 |
| 377 Summer Ave, Newark | 2,466 | 07/13/2016 | $248,000 |
| 375 Summer Ave, Newark | 3,694 | 06/30/2010 | $150,000 |
| 409-411 Summer Ave, Newark | 1,066 | 07/28/2023 | $1 |
| 413 Summer Ave, Newark | 2,826 | 11/01/2017 | $10 |
| 381 Summer Ave, Newark | 5,924 | 08/03/2015 | $145,000 |
| 373 Summer Ave, Newark | 3,088 | 11/12/2025 | |
| 371 Summer Ave, Newark | 2,837 | 03/18/2019 | $230,000 |
| 369 Summer Ave, Newark | 2,120 | 07/07/2022 | |
| 391 Summer Ave, Newark | 3,628 | 07/15/1980 | |
| 395 Summer Ave, Newark | 5,240 | 06/29/2017 | $360,000 |
| 401-403 Summer Ave, Newark | 5,216 | 03/29/2021 | |
| 379 Summer Ave, Newark | 2,356 | 06/30/1998 | $133,000 |
| 66 Wakeman Ave, Newark | 4,251 | 11/14/2007 | $318,000 |