NOT LISTED FOR SALE

562 Sanford Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $856,602 - $1,008,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 25, 2024

Last sale price $810,000

Est. 15% increase in value since last sale

Current estimated payment $5,016/month

13 Days on Market

About This Home

As of July 2024

This home is located at 562 Sanford Ave, Newark, NJ 07106 since 30 April 2024 and is currently estimated at $932,301. This property was built in 2024. 562 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

James Hughes

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 04/30/2024

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

DAMAR VANPUTTEN

LUXE LISTINGS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 2024

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$582

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Year Built: 2024
  • County Name: Essex
  • Street Number Display: 562
  • I D: 5273928
  • Modified: 2025-07-26
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X115.7
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jul 24, 2024
Sold by
Road To Prosperity Llc
Bought by
Espejo Cristal
Seller's Agent
James Hughes
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
DAMAR VANPUTTEN
LUXE LISTINGS
List Price
$795,000
Sold Price
$810,000
Premium/Discount to List
$15,000
1.89%
Total Days on Market
13
Views
52
Current Estimated Value
$932,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,301
Avg. Annual Appreciation
13.01%
Original Mortgage
$755,250
Outstanding Balance
$746,704
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$185,597

Purchase Details

Closed on
Mar 16, 2022
Sold by
City Of Newark
Bought by
Road To Prosperity Llc
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
Espejo Cristal $810,000 None Listed On Document
Road To Prosperity Llc $17,355 Sunnyside Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espejo Cristal $755,250
Previous Owner Road To Prosperity Llc $350,000
Previous Owner Foti John $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $810,000 +1.9% --
05/13/2024 05/13/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $795,000 -- --
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 $582 $438,300 $15,600 $422,700
2024 $582 $15,600 $15,600 $0
2023 $0 $15,600 $15,600 $0
2022 -- $15,600 $15,600 $0
2021 $717 $26,200 $15,400 $10,800
2020 $717 $26,200 $15,400 $10,800
2019 $881 $26,200 $15,400 $10,800
2018 $848 $26,200 $15,400 $10,800
2017 $933 $26,200 $15,400 $10,800
2016 $901 $26,200 $15,400 $10,800
2015 $867 $26,200 $15,400 $10,800
2014 $812 $26,200 $15,400 $10,800
Source: Public Records

Agents Affiliated with this Home

  • James Hughes

    Seller's Agent in 2024

    James Hughes

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 233-7862

    4 in this area

    130 Total Sales

    James Hughes
    Section Image

  • D

    Buyer's Agent in 2024

    DAMAR VANPUTTEN

    LUXE LISTINGS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3898942

Garden State MLS

APN: 14-04109-0000-00019

New Jersey Essex County Newark 07106 Lower Vailsburg

562 Sanford Ave, Newark, NJ

This home is located at 562 Sanford Ave, Newark, NJ 07106 since 30 April 2024 and is currently estimated at $932,301. This property was built in 2024. 562 Sanford Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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