$690,000
SOLD NOV 24, 2025

40 Newark Ave Wayne, NJ 07470

4 Beds
3 Baths
1,836 Sq Ft
0.69 Acres

Recently Sold

$376 Per Sq Ft

11% Below List Price

20 Days on Market

About This Home

As of November 2025

This home is located at 40 Newark Ave, Wayne, NJ 07470 and is currently priced at $690,000, approximately $375 per square foot. This property was built in 1971. 40 Newark Ave is a home located in Passaic County with nearby schools including Ryerson Elementary School, George Washington Middle School, and Wayne Valley High School.

Last Agent to Sell the Property

Iskender Yesilyurt

COLDWELL BANKER REALTY FLE Brokerage Phone: 201-461-5000 Listed on: 08/26/2025

COLDWELL BANKER REALTY FLE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Cathedral Ceiling
  • 0.69 Acre Lot

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • County Name: Passaic
  • I D: 5380750
  • Attribution Contact: 201-461-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .688 AC
  • Total Acres: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 25, 2018
Sold by
Us Bank Na
Bought by
Ozkan Hasem
Seller's Agent
CARLOS TOME
UNITED REAL ESTATE
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Original Mortgage
$183,000
Outstanding Balance
$109,744
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$665,495

Purchase Details

Closed on
Jul 10, 2017
Sold by
Matise Sally and Matise Desiree
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 30, 2005
Sold by
Kaylani Mohammad
Bought by
Matise Sally and Matise Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
Mascelli Frances
Bought by
Kaylani Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,375
Interest Rate
7.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $230,000 None Available
Sheriffs Deed -- None Available
Deed $399,000 --
Bargain Sale Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,000 New Conventional
Previous Owner $319,200 New Conventional
Previous Owner $153,375 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Sold $690,000 -11.0% $376 / Sq Ft
09/15/2025 09/15/25 Pending -- -- --
08/26/2025 08/26/25 For Sale $775,000 +237.0% $422 / Sq Ft
07/03/2018 07/03/18 Sold $230,000 -4.1% $126 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $239,900 -- $131 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,911 $183,500 $95,500 $88,000
2024 $10,493 $183,500 $95,500 $88,000
2022 $10,364 $183,500 $95,500 $88,000
2021 $10,364 $183,500 $95,500 $88,000
2020 $10,318 $183,500 $95,500 $88,000
2019 $10,118 $183,500 $95,500 $88,000
2018 $10,028 $183,500 $95,500 $88,000
2017 $9,937 $183,500 $95,500 $88,000
2016 $9,797 $183,500 $95,500 $88,000
2015 $9,680 $183,500 $95,500 $88,000
2014 $9,406 $183,500 $95,500 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3983219

Garden State MLS

APN: 14-00801-0000-00011