Google street view image for 40 Varsity Rd, Newark, NJ 07106

Off market jan 2002 for $174K

$536,053

Est. refi paymentEst. refi $1,320/mo

—

•

— ba

•

3,944

sq ft

40 Varsity Rd, Newark, NJ 07106

About this home

40 Varsity Rd is a 3,944 square foot house on a 5,415 square foot lot. - it last sold on January 23, 2002 for $174,000. Based on Redfin's Newark data, we estimate the home's value is $536,053.

Single-familyProperty Type

1952Year Built

5,415 sq ftLot Size

$136Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$536,053

$362K since sold in January 2002$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.9% higher than the average sale price ($506K) of 5 comparable homes.

SOLD JUL 7, 2026
$540,000
A
4 beds2.5 baths2,939 sq ft
120 Montrose St #122, Newark, NJ 07106
SOLD JUL 7, 2026
$540,000
B
4 beds2.5 baths— sq ft
122 Montrose St, Newark, NJ 07106
Realty One Group Lifestyle Homes
SOLD MAR 25, 2026
94 Lenox St, Newark, NJ 07106-2409
$460,000
C
3 beds1.5 baths— sq ft
94 Lenox St, Newark, NJ 07106-2409
SOLD MAY 12, 2026
$485,000
D
3 beds1.5 baths— sq ft
23-25 Varsity Rd, Newark, NJ 07106
RE/MAX SELECT - Montclair
SOLD MAY 1, 2026
$505,000
E
4 beds1.5 baths— sq ft
34 Cleveland Ave, Newark, NJ 07106
Weichert Realtors, Livingston

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Earn from this home

Sell

$465,199

Est. take-home

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Refinance

Est. cash available

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Market trends in 07106, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

104.1%

+0.8% MoM

Median sale price

$540K

$19K MoM

Avg. days on market

49d

4 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SAT, 1PM TO 4PM
$579,900
3 beds3 baths— sq ft
239 Ellery Ave, Newark, NJ 07106-3519
COMING SOON
$450,000
5 beds3 baths— sq ft
66 Columbia Ave, Newark, NJ 07106-2102
$429,000
4 beds2 baths— sq ft
98 Vermont Ave, Newark, NJ 07106-2039
$449,000
3 beds2 baths— sq ft
62 Unity Ave, Newark, NJ 07106-2607
$429,000
6 beds3 baths— sq ft
46 Oakland Ter, Newark, NJ 07106
Lifestyle International Realty, (201) 559-5770
$485,000
8 beds3 baths— sq ft
86 Stuyvesant Ave, Newark, NJ 07106-1712
$365,900
3 beds1.5 baths— sq ft
70 Saint Paul Ave, Newark, NJ 07106-2303
$735,000
7 beds5 baths2,200 sq ft
190 Smith St, Newark, NJ 07106-1708
$725,000
7 beds3 baths1,840 sq ft
346 Sanford Ave, Newark, NJ 07106-1125
OPEN SUN, 12PM TO 2PM
$480,000
3 beds1.5 baths— sq ft
145 Ivy St, Newark, NJ 07106-2910
See all

Provided by Redfin

Sale history for 40 Varsity Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,601 (+5.2%)

$22,400 + $242,700

$265,100

2024

$10,082 (+2.0%)

$22,400 + $242,700

$265,100

2023

$9,883 (−0.2%)

$22,400 + $242,700

$265,100

2022

$9,904

$22,400 + $242,700

$265,100

2021

$9,899 (−1.7%)

$22,400 + $242,700

$265,100

2020

$10,074 (+1.0%)

$22,400 + $242,700

$265,100

2019

$9,970 (+1.8%)

$22,400 + $242,700

$265,100

2018

$9,790 (+3.7%)

$22,400 + $242,700

$265,100

2017

$9,438 (+3.5%)

$22,400 + $242,700

$265,100

2016

$9,119 (+10.9%)

$22,400 + $242,700

$265,100

2014

$8,220 (+5.0%)

$22,400 + $242,700

$265,100

2013

$7,828 (+7.4%)

$22,400 + $242,700

$265,100

2012

$7,287 (+3.7%)

$22,400 + $242,700

$265,100

2011

$7,025 (+4.7%)

$50,000 + $161,100

$211,100

2010

$6,713 (+16.1%)

$50,000 + $161,100

$211,100

2009

$5,782

$50,000 + $161,100

$211,100

Tax history for 40 Varsity Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,601 (+5.2%)

$22,400 + $242,700

$265,100

2024

$10,082 (+2.0%)

$22,400 + $242,700

$265,100

2023

$9,883 (−0.2%)

$22,400 + $242,700

$265,100

2022

$9,904

$22,400 + $242,700

$265,100

2021

$9,899 (−1.7%)

$22,400 + $242,700

$265,100

2020

$10,074 (+1.0%)

$22,400 + $242,700

$265,100

2019

$9,970 (+1.8%)

$22,400 + $242,700

$265,100

2018

$9,790 (+3.7%)

$22,400 + $242,700

$265,100

2017

$9,438 (+3.5%)

$22,400 + $242,700

$265,100

2016

$9,119 (+10.9%)

$22,400 + $242,700

$265,100

2014

$8,220 (+5.0%)

$22,400 + $242,700

$265,100

2013

$7,828 (+7.4%)

$22,400 + $242,700

$265,100

2012

$7,287 (+3.7%)

$22,400 + $242,700

$265,100

2011

$7,025 (+4.7%)

$50,000 + $161,100

$211,100

2010

$6,713 (+16.1%)

$50,000 + $161,100

$211,100

2009

$5,782

$50,000 + $161,100

$211,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Exterior Information
Exterior Wall: Brick

Property Information
Living Sq. Ft: 3,944
# of Stories: 2

Parking & Garage Information
# of Parking Spaces: 4
Parking Type: Detached Garage
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 5,415
Legal Lot Number: 1
Legal Block Number: 4127.
Municipality Name: NEWARK CITY
Acres: 0.1243
Depth Footage: 106
Front Footage: 51.1
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: NEWARK CITY

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,944
Stories: 2.0
Lot Size: 5,415 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Essex County
APN: 1404127 0100001

Home facts updated by county records on Sep 14, 2026

Around this home

Schools

Ivy Hill Elementary School

Public PreK-8 • Assigned • 0.1mi

6/10

West Side High School

Public 9-12 • Assigned • 1.8mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Newark, NJ • 07106

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$510,000 – $617,000

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Nearby similar homes

$429,000

4 beds2 baths— sq ft

98 Vermont Ave, Newark, NJ 07106-2039

$375,000

3 beds1 bath— sq ft

16 Bayard Pl, Newark, NJ 07106-3634

$350,000

4 beds1 bath— sq ft

101 Columbia Ave, Newark, NJ 07106-2103

$1,100,000

9 beds5 baths29,997 sq ft

551-553 Sand Ford Ave, Newark, NJ 07106-2529

$699,000

5 beds2.5 baths— sq ft

577 Varsity Rd/148 Reynolds, South Orange Village, NJ 07079-2622

OPEN SUN, 12PM TO 2PM

$480,000

3 beds1.5 baths— sq ft

145 Ivy St, Newark, NJ 07106-2910

New listings for sale in 07106-3519

OPEN SAT, 1PM TO 4PM

$579,900

3 beds3 baths— sq ft

239 Ellery Ave, Newark, NJ 07106-3519

COMING SOON

$450,000

5 beds3 baths— sq ft

66 Columbia Ave, Newark, NJ 07106-2102

$429,000

4 beds2 baths— sq ft

98 Vermont Ave, Newark, NJ 07106-2039

$449,000

3 beds2 baths— sq ft

62 Unity Ave, Newark, NJ 07106-2607

$429,000

6 beds3 baths— sq ft

46 Oakland Ter, Newark, NJ 07106

Lifestyle International Realty, (201) 559-5770

$485,000

8 beds3 baths— sq ft

86 Stuyvesant Ave, Newark, NJ 07106-1712

$365,900

3 beds1.5 baths— sq ft

70 Saint Paul Ave, Newark, NJ 07106-2303

$735,000

7 beds5 baths2,200 sq ft

190 Smith St, Newark, NJ 07106-1708

$725,000

7 beds3 baths1,840 sq ft

346 Sanford Ave, Newark, NJ 07106-1125

Home values near 40 Varsity Rd

Data from public records.

Address	Redfin Estimate
26 Varsity Road Unit 24, Newark, NJ - Beds \| - Baths \| 4218 Sq. Ft.	$590,834
46 Varsity Road, Newark, NJ - Beds \| - Baths \| 7006 Sq. Ft.	$735,865

Address	Redfin Estimate
32 Varsity Road, Newark, NJ - Beds \| - Baths \| 7178 Sq. Ft.	$622,952
188 Richelieu Terrace, Newark, NJ - Beds \| - Baths \| 1458 Sq. Ft.	$382,584

Address	Redfin Estimate
30 Varsity Road, Newark, NJ - Beds \| - Baths \| 3960 Sq. Ft.	$503,835
192 Richelieu Terrace, Newark, NJ - Beds \| - Baths \| 1863 Sq. Ft.	$385,550

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