Essex County  »  07107  »  Dr MLK JR Blvd  »  1 A Dr MLK JR Blvd

1 A Dr MLK JR Boulevard, Newark, NJ 07107 - Property report

Also known as: 1 A Dr MLK JR Blvd

Property image for 1 A Dr MLK JR Boulevard, Newark, NJ 07107
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Property type

Store-Supermarket (734)

Year built

1970

Acreage

2.356

Sale price

$4,300,000

General information

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Address
Primary address
1 A Dr MLK JR Boulevard
ZIP code
07107
County
Essex
Block
42
Lot
4
Municipality
705
Qualifier
Parcel ID
42-4

Owner

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Sales
Sale date
06/08/2021
Sale price
$4,300,000
Arm's length
Tax
Tax year
2026
Current property tax
$142,601
Building
Property type
Store-Supermarket (734)
Year built
1970
Exterior structural material
Lot
Acreage
2.356
Zoning & Use
Qualified opportunity zone

Area overview

Walk score
68 /100.  Somewhat Walkable
Transit score
65 /100.  Good Transit
Bike score
48 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 1 A Dr MLK JR Boulevard, Newark, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1 A Dr MLK JR Boulevard, Newark, NJ 07107

Sale date Sale price Buyer name Seller name
06/08/2021 $4,300,000 X XXX, XXX XXXXXX XX XXX XXXX XXX; XXXXX XXXXXXXXXX, XX
04/30/2018 $10 XXXXXX XX XXX XXXX, XXX XXXXXXX XXXX XXXXXXXXXX XXX
07/10/1998 $10

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
07/25/2024 - R
07/09/2024 - D
Deed Notice XXXXXXXXXXXXX XXXXXXXXXX,XXXXXXXXXX XX X XXX, XXX
06/21/2021 - R
06/08/2021 - D
Deed and Realty Tax Fees XXXXXX XX XXX XXXX XXX X XXX, XXX
05/25/2018 - R
04/30/2018 - D
Deed and Realty Tax Fees XXXXXXX XXXX XXXXXXXXXX XXX XXXXXX XX XXX XXXX, XXX
01/25/2018 - R
12/31/2017 - D
Deed and Realty Tax Fees XXXXXXX XXXX XXXXXXXXXX, XXX XXXXXX XX XXX XXX, XXX
07/10/1998 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1 A Dr MLK JR Boulevard, Newark, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$142,601
Recent tax assessments
Market value
$4,399,900
Land value
$3,767,100
Building value
$632,800

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $4,399,900 $4,399,900 3.241 $142,601 +3.18%
2024 $4,399,900 $4,399,900 3.141 $138,201 -0.85%
2023 $4,399,900 $4,399,900 3.168 $139,389 +9.02%
2022 $4,399,900 $4,399,900 2.906 $127,861 +44.87%
2021 $1,592,800 $1,592,800 5.541 $88,257 +1.30%
2020 $1,592,800 $1,592,800 5.47 $87,126 -40.00%
2019 $2,689,200 $2,689,200 5.4 $145,217 +1.26%
2018 $2,689,200 $2,689,200 5.333 $143,415 +2.87%
2017 $2,689,200 $2,689,200 5.184 $139,408 +1.59%
2016 $2,689,200 $2,689,200 5.103 $137,230 +2.51%

Permit information for 1 A Dr MLK JR Boulevard, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
43,293
Median age
35.2
Average household income
$75,162
Family households
66.2%
People per household (average)
2.85
Occupied housing units
15,184
Owner-occupied units
29.1%
Median year structure built
1959
Median value mortgaged units
$399,000
Median value unmortgaged units
$325,100

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

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Frequently asked questions

What is the year built for 1 A Dr MLK JR Boulevard, Newark, NJ 07107?

The development at 1 A Dr MLK JR Boulevard, Newark, NJ 07107 was built in 1970.

What is the market value of 1 A Dr MLK JR Boulevard, Newark, NJ 07107?

The current market value of 1 A Dr MLK JR Boulevard, Newark, NJ 07107 is $4,399,900.

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