Newfield Estates Stamford CT

  • Address: 566 Newfield Avenue, Stamford, CT
  • Total Units: 16
  • Year Built: 1986
  • Style: Townhouse condominium
  • Bedrooms: 2
  • HOA Fee: $334/month (current estimate)
  • Property Tax: $6,802/year (approximate)
  • Verified Sale Price Range: $405,000 to $520,000
  • Median Sale Price (MLS, 7 sales): $435,000
  • Median Price Per Square Foot: ~$294/SF

Newfield Estates Condos for Sale

Newfield Estates is a 16-unit townhouse community, and at that size, turnover is infrequent. Most years produce one or two sales at most. When a unit does come to market, it moves. Buyers who wait for a listing to appear publicly often find themselves competing or missing the window entirely. There are no verified active listings at Newfield Estates at the time of this writing. That does not mean nothing is available. Off-market conversations happen regularly in small complexes like this one, where owners who are not yet ready to list will sometimes engage with a serious buyer before going public. If Newfield Estates is on your short list, the right move is to contact The Engel Team in Stamford directly so we can monitor for both listed and unlisted opportunities.

Recently Sold at Newfield Estates

MLS records show 7 confirmed sales at Newfield Estates. Closed prices ranged from $405,000 to $520,000, with a median of $435,000. Unit sizes are consistent across the complex, running between 1,482 and 1,512 square feet. At those dimensions, the median price per square foot works out to approximately $294. All recorded sales are 2-bedroom, 3-bath units, with the exception of one 3-bedroom, 3-bath sale in 2016. The table below reflects every verified transaction in the MLS record.

Unit Date Price Bed/Bath SqFt HOA/mo Tax/yr
3 05/17/2023 $520,000 2/3 1,512 $359 $7,058
14 11/11/2022 $450,000 2/3 1,482 $352 $6,944
11 02/28/2022 $480,000 2/3 1,512 $343 $6,981
6 09/15/2020 $435,000 2/3 1,482 $319 $6,686
3 11/06/2019 $410,000 2/3 1,512 $326 $6,802
14 06/20/2019 $405,000 2/3 1,482 $320 $6,446
6 09/28/2016 $405,000 3/3 1,482 $6,535

The trajectory in this data is worth noting. The 2016 and 2019 sales clustered at $405,000. By mid-2022, units were clearing at $480,000. The May 2023 sale at $520,000 represents the high-water mark in the verified record. That is a $115,000 increase from the floor to the peak across the transaction history. HOA fees moved in tandem, rising from the $319 to $326 range in 2019 and 2020 to $352 to $359 in 2022 and 2023. Buyers pricing a current acquisition should weight the 2022 and 2023 comps most heavily and account for any unit-specific condition differences relative to those sales.

About Newfield Estates

Newfield Estates sits at 566 Newfield Avenue in Stamford, CT. The complex was built in 1986 and contains 16 townhouse-style condominium units. At 16 units, this is a small, self-contained community, which affects everything from the association’s operating dynamics to the depth of comparable sales when it comes time to price or appraise a unit. The Newfield Avenue location places residents within walking distance of Barrett Park, which offers a playground, basketball courts, a baseball field, and a picnic shelter. Waterfront Park and Cove Island Park are both accessible nearby, with marinas, fishing piers, and sandy beaches along Long Island Sound. For buyers who want townhouse-scale living in Stamford without high-rise density, Newfield Estates delivers a specific kind of low-footprint ownership that is genuinely hard to replicate in this price range.

Homes and Layouts at Newfield Estates

Every verified sale at Newfield Estates reflects a 2-bedroom, 3-bath footprint, with one outlier 3-bedroom unit recorded in the 2016 transaction history. Square footage in the MLS record runs between 1,482 and 1,512 square feet, a narrow band that makes unit-to-unit comparisons straightforward. The townhouse style means buyers get a vertical layout across multiple floors rather than a single-level flat, which typically means separate living and sleeping levels, a more defined interior flow, and a degree of acoustic separation between floors. Townhouse condominium units at this size range tend to include some form of private outdoor space and direct-entry access, though buyers should confirm specific unit details, including parking configuration and any private patio or deck, through current listing materials or a showing. Floor plan variation between individual units may exist depending on renovation history and original build configuration.

What Buyers Need to Know

The HOA fee at Newfield Estates is currently estimated at $334 per month, though the MLS transaction record shows fees as high as $359 in the 2023 sale. Buyers should request the current fee schedule directly from the association at the time of offer and verify whether that figure has changed since the most recent sale. Annual property taxes have ranged from approximately $6,446 to $7,058 across verified transactions. The current estimate is $6,802 per year, but tax amounts are unit-specific and subject to reassessment.

Because Newfield Estates is a 16-unit community, the reserve fund carries more risk per unit than it would in a larger complex. A single major capital expenditure, whether for roof replacement, foundation work, or common area infrastructure, gets spread across a small base. Buyers should request the most recent reserve study, the current reserve fund balance, and a three-year history of association financials before going to contract. Ask specifically whether any special assessments have been levied in the past five years or are currently under discussion.

The Newfield Avenue location and proximity to Cove Island Park and the waterfront mean buyers should confirm the flood zone designation for the specific unit. In coastal Stamford neighborhoods, flood zone classification affects both insurance requirements and carrying costs. If the unit falls within a FEMA-designated Special Flood Hazard Area, mandatory flood insurance adds to monthly costs beyond the HOA fee and standard homeowner’s policy. Verify this before finalizing offer terms.

Renovation variation between units is a known factor in a complex of this age and size. Built in 1986, individual units have had nearly four decades of owner-specific updates. Some units may carry fully renovated kitchens and baths; others may retain original finishes. Price per square foot alone does not tell the full story. A $294 per square foot median is useful as a baseline, but condition-adjusted pricing can shift that figure meaningfully in either direction. Buyers should also request the resale package from the association, which will include governing documents, bylaws, insurance certificates, and any pending litigation. Resale package review is standard due diligence at any condominium purchase and becomes more important in a small complex where governing documents may not have been updated recently. Pet policy, rental restrictions, and owner-occupancy ratios should all be confirmed through that package before commitment.

Buying or Selling at Newfield Estates

With only 7 verified sales across several years, pricing a unit at Newfield Estates requires more judgment than it does in a larger complex with deep transaction history. The comparable set is thin, and condition differences between units matter more when you only have a handful of data points. That is exactly the kind of situation where having an agent who knows Stamford CT condos well makes a material difference, both in setting a defensible list price and in structuring an offer that accounts for the risks specific to this complex.

For sellers, the $520,000 ceiling established in the May 2023 sale provides a reference point, but reaching that number requires a unit in competitive condition with a pricing strategy that accounts for current market absorption. For buyers, the appeal here is real, a townhouse condominium with consistent square footage, walkable proximity to Barrett Park and the waterfront, and a price range that sits well below the Stamford town median of $718,000 for all property types.

The Engel Team works regularly with buyers and sellers in small Stamford condominium communities. If you are considering Newfield Estates, reach out for a current valuation, access to off-market opportunities, or guidance on structuring due diligence for a complex with a limited sales record. Contact us through The Engel Team’s Stamford real estate page to start the conversation.

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© 2025 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. Fair Housing Logo