NOT LISTED FOR SALE

53 Sunset Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $734,647 - $801,000

Studio
-- Bath
-- Sq Ft
2,950 Sq Ft Lot Lot

Sale Details

Date Sold: September 23, 2021

Last sale price $480,000

Est. 59% increase in value since last sale

Current estimated payment $5,072 / mo

20 Days on Market

About This Home

As of September 2021

This home is located at 53 Sunset Ave, Newark, NJ 07106 since 24 June 2021 and is currently estimated at $764,162. 53 Sunset Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

RICARDO SOSA

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 06/24/2021

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,950 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,950 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 5083400
  • Attribution Contact: 908-445-5339
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 2950 SF
  • Total Acres: 0.07

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 9, 2021
Sold by
Bought by
Seller's Agent
RICARDO SOSA
FLOROSTONE REALTY INC.
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Current Estimated Value
$764,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,162
Avg. Annual Appreciation
10.28%
Original Mortgage
$461,487
Outstanding Balance
$416,240
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$347,922

Purchase Details

Closed on
Jan 22, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,250
Interest Rate
6.4%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 1991
Sold by
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 Fidelity National Title
$570,000 None Available
-- --
$117,500 --
$9,000 --
$138,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $461,487
Previous Owner $513,000
Previous Owner $287,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $480,000 +1.1% --
07/14/2021 07/14/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $475,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,439 $300,800 $16,800 $284,000
2024 $11,214 $300,800 $16,800 $284,000
2022 $8,156 $218,300 $16,800 $201,500
2021 $8,151 $218,300 $16,800 $201,500
2020 $8,295 $218,300 $16,800 $201,500
2019 $8,210 $218,300 $16,800 $201,500
2018 $8,062 $218,300 $16,800 $201,500
2017 $7,771 $218,300 $16,800 $201,500
2016 $7,510 $218,300 $16,800 $201,500
2015 $7,224 $218,300 $16,800 $201,500
2014 $6,769 $218,300 $16,800 $201,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RICARDO SOSA

    FLOROSTONE REALTY INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3722898

Garden State MLS

APN: 14-04061-0000-00119

New Jersey Essex County Newark 07106 Lower Vailsburg

53 Sunset Ave, Newark, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.