$622,900
- Studio
12 Summit St, Newark, NJ 07103
Est. Refi. Payment $4,343/mo*
Refinance Your HomeCurrently Off Market - Sold May 9, 2016 for $450,000
Home Value
Trulia Estimate
$623KSince last month
Increased$16K (+2.7%)Since last year
Decreased$4K (-0.7%)Since last sale
Increased$173K (+38.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +24% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $623K |
| August 2026 | $623K |
| July 2026 | $607K |
| June 2026 | $627K |
| May 2026 | $630K |
| April 2026 | $624K |
| March 2026 | $623K |
| February 2026 | $618K |
| January 2026 | $634K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $350,000 | 09/29/25 | 14 | 24.5 | 1,974 | |
0.13 | Single-Family Home | $400,000 | 10/01/25 | - | - | ||
0.06 | Single-Family Home | $680,000 | 05/12/26 | - | 1,357 | ||
0.15 | Single-Family Home | $401,000 | 09/10/25 | - | - | ||
0.21 | Single-Family Home | $260,000 | 12/01/25 | 4 | - | 2,680 | |
0.49 | Single-Family Home | $450,000 | 02/27/26 | 3 | 2 | - | |
0.44 | Single-Family Home | $631,000 | 10/14/25 | - | 2,478 | ||
0.56 | Single-Family Home | $384,100 | 03/09/26 | - | 1,934 | ||
0.54 | Single-Family Home | $650,000 | 09/25/25 | - | 1,600 | ||
0.62 | Single-Family Home | $368,000 | 10/10/25 | - | 2,233 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $400,000 | 6 | 2 | - | For Sale | |
0.02 | $400,000 | 6 | 2 | - | For Sale | |
0.04 | $700,000 | 8 | 3 | - | For Sale | |
0.06 | $493,100 | 6 | 2 | - | Off Market | |
0.06 | $680,000 | 7 | 3 | - | Recently Sold | |
0.06 | $680,000 | 7 | 3 | - | Recently Sold | |
0.10 | $758,000 | Studio | - | - | Off Market | |
0.15 | $804,700 | Studio | - | - | Off Market | |
0.15 | $417,600 | 2 | 2 | - | Off Market | |
0.15 | $353,000 | 3 | 1 | - | Off Market | |
0.16 | $353,000 | 3 | 1 | - | Off Market | |
0.16 | $437,800 | 3 | 1 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2016
About this House
This single-family home is located at 12 Summit St, Newark, NJ. 12 Summit St is in the University Heights neighborhood in Newark, NJ and in ZIP code 07103. This property has a lot size of 2614 sqft and was built in 2016.
12 Summit St, Newark, NJ 07103 is a studio single-family home in University Heights, built in 2016. It last sold for $450,000 on May 9, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $622,900, with a rent estimate of $2,289/month.
Home Details for 12 Summit St
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Year Built Year Built: 2016 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 3 |
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Lot Area: 2448 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 9, 2016 Source: GSMLS #3262062 | Sold | $450,000 |
Jul 21, 2006 Source: N/A | Sold | $80,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $13,045 | $326,200 |
Home facts updated by county records
Market trends in Newark
Last updated July 2026
Avg. sale price
$507K
$31.67KMoM
Sale-to-List Price
104.1%
0.8%MoM
Price per sq ft
—
Available listings
239
5MoM
Around this home
What Locals Say about University Heights
At least 117 Trulia users voted on each feature.
88 % Say there are sidewalks
75 % Say it's walkable to grocery stores
67 % Say car is needed
61 % Say it's dog friendly
58 % Say streets are well-lit
57 % Say parking is easy
54 % Say yards are well-kept
51 % Say it's walkable to restaurants
45 % Say there's holiday spirit
45 % Say they plan to stay for at least 5 years
42 % Say kids play outside
39 % Say neighbors are friendly
38 % Say it's quiet
34 % Say people would walk alone at night
28 % Say there are community events
21 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 12 Summit St
- What is 12 Summit St estimated to be worth?Trulia's estimated value for 12 Summit St in Newark, NJ is $622,900.
- What is the price history for 12 Summit St?12 Summit St in Newark, NJ last sold for $450,000 in May 2016.
- Is Newark a buyer's or seller's market?Newark is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Newark?The median sale price in Newark is $507K. That is up $31.67K from the prior month.
- How big is the lot at 12 Summit St?The lot at 12 Summit St in Newark, NJ is about 0.06 acres (2,614 sq ft).