| Primary address | 51-53 Summit Avenue, Newark |
| Zip code | 07112 |
| County | Essex |
| Municipality | Newark City |
| Block | 3721 |
| Lot | 22 |
| Neighborhood | Weequahic |
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 |
| Property tax | $19,776 |
| Building sqft | 960 |
| Building class | Commercial-Other (100) |
| Acreage | 0.146 |
| Units | 16 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
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.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 51-53 Summit Avenue, Newark, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
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 | $19,776 |
| Market value | $520,000 |
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 |
|---|---|---|---|---|---|
| 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% |
| 2020 | $520,000 | $520,000 | 3.8 | $19,760 | +1.04% |
| Total population | 27,633 |
| Median age | 35 |
| Average household income | $73,906 |
| Family households | 54.1% |
| Occupied housing units | 10,809 |
| Owner occupied units | 29.9% |
| Average number of people per household | 2 |
| Median year structure built | 1950 |
| Median value for units with a mortgage | $297,600 |
| Median value for units without a mortgage | $323,000 |
Create a free account to unlock extended information for 51-53 Summit 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 |
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.
| View daily traffic map |
Here are the neighbors for 51-53 Summit Avenue, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 77-79 Summit Ave, Newark | 4,524 | 11/28/2018 | $238,000 |
| 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 |