NOT LISTED FOR SALE

575 Sanford Ave Unit 577 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $543,640 - $678,000

8 Beds
3 Baths
3,280 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $370,000 $113 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,895/month

6 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Baseboard Heating

About This Home

As of July 2021

Having a hard time finding a multi family in Newark that you can afford?? Well here's your chance! Located less than 1 mile to Seton Hall University. This large 3 Family has 8 total bedrooms! Traditional Living rooms, Dining rooms, and eat in Kitchens. With a Headache free New roof and, all heating units are under 5 years old. For parking, the full driveway can fit 4 or more cars. Nearby Monte Irvin Park; which has one of the largest Soccer fields in the area! Also located 0.2 mile to North Star Academy, & 1.7 miles to South Orange Train Station, with easy access to Newark Airport and NYC. Start building equity now with this income producing property!

Last Agent to Sell the Property

Edward Perez

COMPASS NEW JERSEY, LLC License #0123953 Listed on: 03/03/2021

COMPASS NEW JERSEY, LLC

Co-Listed By

Gregory Taylor

EXP REALTY LLC License #0457788

Last Buyer's Agent

Michael Martinetti

KELLER WILLIAMS REALTY License #1648831

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,460

Lot Details

  • Lot Dimensions are 50x100

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00003 / 04122
  • Assessor Parcel Number 43888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,460

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Other-See Remarks
  • Exclusions: All personal property
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 43888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Unfinished
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 8
  • Total Other Rooms: 1350
  • Total Dining Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1150
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1350
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 900
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars, Other-See Remarks

Utilities

  • Heating/Cooling: A/C Window, Baseboard, Gas, Radiators

Lot Info

  • Geo Address Line: 575-577 Sanford Ave
  • Geo Matched Method: 1
  • Geo Primary City: Newark
  • Geo Quality: 0.95
  • Geo Update Timestamp: 03/03/2021
  • Geo Zoom Level: 16
  • Lot: 00003
  • Lot Size: 50x100

Tax Info

  • Year: 2020
  • Taxes: 6460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jul 21, 2021
Sold by
Jordan Company Associate Llc
Bought by
Negron Anel
Seller's Agent
Edward Perez
COMPASS NEW JERSEY, LLC
Buyer's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Current Estimated Value
$583,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,642
Avg. Annual Appreciation
13.16%
Original Mortgage
$277,500
Outstanding Balance
$253,247
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$356,414

Purchase Details

Closed on
Jan 6, 2010
Sold by
Reid Toni
Bought by
Jordan Company Associate Llc

Purchase Details

Closed on
Jun 30, 2003
Sold by
Lundi Ricardo
Bought by
Reid Tonesiha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.34%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Hud
Bought by
Lundi Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,899
Interest Rate
6.72%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Negron Anel $370,000 Stewart Title
Jordan Company Associate Llc -- None Available
Reid Tonesiha $210,000 --
Lundi Ricardo $71,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negron Anel $277,500
Previous Owner Reid Tonesiha $199,500
Previous Owner Lundi Ricardo $81,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $370,000 -2.6% $113 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $380,000 -- $116 / Sq Ft
Source: Hudson County 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 $8,064 $216,300 $16,500 $199,800
2024 $8,064 $216,300 $16,500 $199,800
2022 $8,081 $216,300 $16,500 $199,800
2021 $6,348 $170,000 $16,600 $153,400
2020 $6,460 $170,000 $16,600 $153,400
2019 $6,394 $170,000 $16,600 $153,400
2018 $6,278 $170,000 $16,600 $153,400
2017 $6,052 $170,000 $16,600 $153,400
2016 $5,848 $170,000 $16,600 $153,400
2015 $5,625 $170,000 $16,600 $153,400
2014 $5,272 $170,000 $16,600 $153,400
Source: Public Records

Agents Affiliated with this Home

  • Edward Perez

    Seller's Agent in 2021

    Edward Perez

    COMPASS NEW JERSEY, LLC

    (201) 344-2886

    1 in this area

    126 Total Sales

    Section Image
  • Gregory Taylor

    Seller Co-Listing Agent in 2021

    Gregory Taylor

    EXP REALTY LLC

    (917) 805-5411

    2 in this area

    118 Total Sales

    Section Image
  • Michael Martinetti

    Buyer's Agent in 2021

    Michael Martinetti

    KELLER WILLIAMS REALTY

    (908) 514-4869

    4 in this area

    1,185 Total Sales

    Section Image
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Map

Source: Hudson County MLS

MLS Number: 210005088

Hudson County MLS

APN: 14-04122-0000-00003

New Jersey Essex County Newark 07106 Upper Vailsburg

575 Sanford Ave Unit 577, Newark, NJ

This home is located at 575 Sanford Ave Unit 577, Newark, NJ 07106 since 03 March 2021 and is currently estimated at $609,660, approximately $185 per square foot. 575 Sanford Ave Unit 577 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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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