NOT LISTED FOR SALE

545 Sanford Ave Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $841,044

-- Bed
5 Baths
4,120 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $765,000 $186 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,633/month

150 Days on Market

About This Home

As of January 2024

This home is located at 545 Sanford Ave, Newark, NJ 07106 since 27 February 2023 and is currently estimated at $841,044, approximately $204 per square foot. This property was built in 2023. 545 Sanford Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Shawn Rosa

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 02/27/2023

Last Buyer's Agent

Marie Thomas

ROSA AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 2023

Lot Details

  • 2,483

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$608

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Year Built: 2023
  • County Name: Essex
  • Street Number Display: 545
  • I D: 5205816
  • Modified: 2025-01-03
  • Number Images: 1
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Dec 19, 2023
Sold by
Lilac Development Group Llc
Bought by
Sogbesan Grace
Seller's Agent
Shawn Rosa
ROSA AGENCY
Buyer's Agent
Marie Thomas
ROSA AGENCY
List Price
$735,000
Sold Price
$765,000
Premium/Discount to List
$30,000
4.08%
Views
184
Current Estimated Value
$841,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,044
Avg. Annual Appreciation
4.75%
Original Mortgage
$726,200
Outstanding Balance
$714,917
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$110,547

Purchase Details

Closed on
May 9, 2022
Sold by
City Of Newark
Bought by
Lilac Development Group Llc

Purchase Details

Closed on
Jan 28, 1993
Sold by
The City Of Newark
Bought by
King Ruby and King Roberts,Joan
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Sogbesan Grace $765,000 None Listed On Document
Sogbesan Grace $765,000 None Listed On Document
Lilac Development Group Llc $15,000 Old Republic National
King Ruby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sogbesan Grace $726,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $765,000 0.0% $186 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $765,000 +2.0% $186 / Sq Ft
04/14/2023 04/14/23 Price Changed $749,900 +1.3% $182 / Sq Ft
03/24/2023 03/24/23 Price Changed $740,000 +0.7% $180 / Sq Ft
02/27/2023 02/27/23 For Sale $735,000 -- $178 / 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 $608 $426,600 $16,300 $410,300
2024 $608 $426,600 $16,300 $410,300
2022 $0 $16,300 $16,300 $0
2021 $0 $16,300 $16,300 $0
2020 $0 $16,300 $16,300 $0
2019 $0 $16,300 $16,300 $0
2018 $0 $16,300 $16,300 $0
2017 $0 $16,300 $16,300 $0
2016 $0 $16,300 $16,300 $0
2015 -- $16,300 $16,300 $0
2014 -- $16,300 $16,300 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shawn Rosa

    ROSA AGENCY

    (908) 642-6704

    4 in this area

    66 Total Sales

    Shawn Rosa
    Section Image

  • M

    Buyer's Agent in 2024

    Marie Thomas

    ROSA AGENCY

    (908) 289-5200

    1 in this area

    48 Total Sales

    Marie Thomas
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3830530

Garden State MLS

APN: 14-04120-0000-00021

New Jersey Essex County Newark 07106 Upper Vailsburg

545 Sanford Ave, Newark, NJ

This home is located at 545 Sanford Ave, Newark, NJ 07106 since 27 February 2023 and is currently estimated at $841,044, approximately $204 per square foot. This property was built in 2023. 545 Sanford Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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.

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