NOT LISTED FOR SALE

623 Sanford Ave Unit 625 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $525,687 - $739,000

9 Beds
4 Baths
3,211 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $312,500 $97 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,178/month

35 Days on Market

About This Home

As of October 2019

Must See!! Large 3 unit home good condition!! Lots of Parking!! Large corner lot!! Perfect for first time homeowner or investor!!

Last Agent to Sell the Property

Edward Gelley

Weichert Home City Realty Listed on: 05/15/2019

Last Buyer's Agent

Edward Gelley

Weichert Home City Realty Listed on: 05/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,855

Year Built

  • 1952

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 071404124 00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,855

Year Built

1952

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 20
  • Fireplace: None
  • Bedrooms: 9
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Finished, Full, Partial
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: 3+car, O/See Remk, Park Space

Utilities

  • Heating: Baseboard, Electric, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Cooling: None

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00007
  • Estimated Lot Sq Ft: 5001
  • Lot Description: Regular

Tax Info

  • Tax: 8855
  • Assessor Parcel Number: 071404124 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
623-625 Sandford Ave Llc
Bought by
Solomon Iddrisu
Total Days on Market
35
Current Estimated Value
$613,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$599,504
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$13,668

Purchase Details

Listed on
May 15, 2019
Closed on
Nov 26, 2019
Sold by
Waldman Chananya D
Bought by
623-635 Sandford Ave Llc
Seller's Agent
Edward Gelley
Weichert Home City Realty
Buyer's Agent
Edward Gelley
Weichert Home City Realty
List Price
$354,000
Sold Price
$312,500
Premium/Discount to List
-$41,500
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Campetella John
Bought by
Campetella John and Yannotta Adam

Purchase Details

Closed on
May 23, 2011
Sold by
Puza Holding Limited Liability Company
Bought by
Campetella John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Em & D Management Llc
Bought by
Puza Holding Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
623 Sanford Assocs
Bought by
Faroul Lutex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.69%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 1999
Sold by
Ball Lalman
Bought by
Williams Roy and Williams Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,565
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1991
Sold by
Torres Antonio and Torres Miriam
Bought by
Ceus William
Source: Public Records

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Range of Values:

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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
Solomon Iddrisu $750,000 None Listed On Document
623-635 Sandford Ave Llc -- None Available
Campetella John -- New Jersey Title Ins Co
Campetella John $247,200 New Jersey Title Ins Co
Puza Holding Llc $62,000 None Available
Faroul Lutex $350,000 --
Williams Roy $118,000 --
Ceus William $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Iddrisu $600,000
Previous Owner Campetella John $185,000
Previous Owner Faroul Lutex $280,000
Previous Owner Faroul Lutex $70,000
Previous Owner Williams Roy $116,565
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $312,500 -11.7% $97 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $354,000 -- $110 / Sq Ft
Source: New Jersey 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
2024 $8,940 $239,800 $17,100 $222,700
2022 $8,959 $239,800 $17,100 $222,700
2021 $8,954 $239,800 $17,100 $222,700
2020 $9,112 $239,800 $17,100 $222,700
2019 $9,019 $239,800 $17,100 $222,700
2018 $8,856 $239,800 $17,100 $222,700
2017 $8,537 $239,800 $17,100 $222,700
2016 $8,249 $239,800 $17,100 $222,700
2015 $7,935 $239,800 $17,100 $222,700
2014 $7,436 $239,800 $17,100 $222,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1923062

New Jersey MLS

APN: 14-04124-0000-00007