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51-53 Summit Avenue, Newark, NJ 07112 Property Information

51-53 Summit Avenue, Newark, NJ 07112 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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51-53 Summit Avenue, Newark, NJ 07112
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Address

Primary address 51-53 Summit Avenue, Newark
Zip code 07112
County Essex
Municipality Newark City
Block 3721
Lot 22
Neighborhood Weequahic

Sales & Tax Overview for 51-53 Summit Avenue, Newark

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 07/01/2022
Sale price $10
Arm's length
Property tax $20,795

Lot & Building Information for 51-53 Summit Avenue, Newark

Building sqft 960
Building class Commercial-Other (100)
Acreage 0.146
Units 16
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 51-53 Summit Avenue, Newark

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  • • Improvements for 51-53 Summit Avenue, Newark , including their type, square footage, grade and when they were built.
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About 51-53 Summit Avenue, Newark

How many square feet does 51-53 Summit Avenue, Newark, NJ 07112 have?

This Commercial-Other (100) located at 51-53 Summit Avenue, Newark, NJ 07112 has a total of 960 square feet.

What is the assessed value of 51-53 Summit Avenue, Newark, NJ 07112 and the property tax paid?

Assessed at $520,000, the tax amount paid for 51-53 Summit Avenue, Newark, NJ 07112 is $20,794.

When was 51-53 Summit Avenue, Newark, NJ 07112 last sold and what was the last sale price?

51-53 Summit Avenue, Newark, NJ 07112 was last sold in 07/01/2022 for $10.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
Research 100M+ property records powered by:
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Past Sales & Property History for 51-53 Summit Avenue, Newark

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Purchase date Purchase price Buyer name Seller name
07/01/2022 $10
06/30/2022 $831,000
09/25/2019 $1,344,928
       
       
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*Here are the three most recent sales for this property.


Title Documents for 51-53 Summit Avenue, Newark

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
04/11/2024 - R Assignment of Mortgage
09/12/2023 - R Mortgage
08/04/2022 - R Mortgage
08/04/2022 - R Mortgage
07/26/2022 - R
07/01/2022 - D
Deed and Realty Tax Fees
07/26/2022 - R
06/30/2022 - D
Deed and Realty Tax Fees
10/10/2019 - R
09/25/2019 - D
Deed and Realty Tax Fees
08/06/2015 - R
06/30/2015 - D
Deed and Realty Tax Fees
07/18/2006 - R
06/29/2006 - D
Deed and Realty Tax Fees
07/31/1989 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 51-53 Summit Avenue, Newark

Access detailed property tax data for 51-53 Summit Avenue, Newark, NJ 07112. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $20,795
Market value $520,000

Assessment History for 51-53 Summit Avenue, Newark

Here's the assessment & property tax history for 51-53 Summit 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 $520,000 $520,000 3.999 $20,795 +5.15%
2024 $520,000 $520,000 3.803 $19,776 +2.01%
2023 $520,000 $520,000 3.728 $19,386 -0.21%
2022 $520,000 $520,000 3.736 $19,427 +0.05%
2021 $520,000 $520,000 3.734 $19,417 -1.74%

Demographics by Zip Code

Total population 29,456
Median age 36
Average household income $77,246
Family households 57.4%
Occupied housing units 11,263
Owner occupied units 29.1%
People per household (average) 2.61
Median year structure built 1958
Median value for units with a mortgage $334,600
Median value for units without a mortgage $339,300

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 51-53 Summit 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 51-53 Summit Avenue, Newark

Here are the neighbors for 51-53 Summit Avenue, Newark.

Address Square feet Purchase date Purchase price
77-79 Summit Ave, Newark 4,524 02/09/2026
297-299 Keer Ave, Newark 4,782 10/10/2018 $1
61-63 Summit Ave, Newark 4,524 11/22/1993
67-69 Summit Ave, Newark 2,949 05/29/1981 $21,000
75 Summit Ave, Newark 3,884 07/26/2019
81 Summit Ave, Newark 2,892 12/21/2023
55 Summit Ave, Newark 2,868 05/04/2022
286 Aldine St, Newark 04/28/2025 $1
293-295 Keer Ave, Newark 4,524 07/20/2016 $227,000
527 Clinton Pl, Newark 4,410
83-85 Summit Ave, Newark 4,524 02/08/2018 $295,000
322-324 Hobson St, Newark 2,080 05/20/2013 $125,000
533 Clinton Pl, Newark 2,544 11/14/2005 $1
334-352 Chancellor Ave, Newark 1,872 10/12/1998 $84,000
529-531 Clinton Pl, Newark 2,640
65 Summit Ave, Newark 3,066 04/09/2021 $10
57-59 Summit Ave, Newark 3,007 10/21/2008 $1
519-521 Clinton Pl, Newark 8,800 06/30/2020 $414,550
71-73 Summit Ave, Newark 4,702 02/21/2024
523-525 Clinton Pl, Newark 3,612 09/15/2002 $155,000

Nearby ZIP Codes for 51-53 Summit Avenue, Newark

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