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40-50 Central Avenue, Newark, NJ 07102 Property Information

40-50 Central Avenue, Newark, NJ 07102 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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40-50 Central Avenue, Newark, NJ 07102
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Address

Primary address 40-50 Central Avenue, Newark
Zip code 07102
County Essex
Municipality Newark City
Block 20
Lot 25
Neighborhood Downtown Newark

Sales & Tax Overview for 40-50 Central Avenue, Newark

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 05/30/2002
Sale price $10
Arm's length
Property tax $77,373

Lot & Building Information for 40-50 Central Avenue, Newark

Building class Commercial-Other (100)
Acreage 0.847
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 40-50 Central Avenue, Newark

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  • • Improvements for 40-50 Central Avenue, Newark , including their type, square footage, grade and when they were built.
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About 40-50 Central Avenue, Newark

What is the assessed value of 40-50 Central Avenue, Newark, NJ 07102 and the property tax paid?

Assessed at $1,934,800, the tax amount paid for 40-50 Central Avenue, Newark, NJ 07102 is $77,372.

When was 40-50 Central Avenue, Newark, NJ 07102 last sold and what was the last sale price?

40-50 Central Avenue, Newark, NJ 07102 was last sold in 05/30/2002 for $10.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
Research 100M+ property records powered by:
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Past Sales & Property History for 40-50 Central Avenue, Newark

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Purchase date Purchase price Buyer name Seller name
05/30/2002 $10

Title Documents for 40-50 Central Avenue, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/14/2025 - R
01/10/2025 - D
Lot Consolidation Deed
05/30/2002 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 40-50 Central Avenue, Newark

Access detailed property tax data for 40-50 Central Avenue, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $77,373
Market value $1,934,800

Assessment History for 40-50 Central Avenue, Newark

Here's the assessment & property tax history for 40-50 Central Avenue, Newark, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $1,934,800 $1,934,800 3.999 $77,373 +271.53%
2024 $547,600 $547,600 3.803 $20,825 +2.01%
2023 $547,600 $547,600 3.728 $20,415 -0.21%
2022 $547,600 $547,600 3.736 $20,458 +0.05%
2021 $547,600 $547,600 3.734 $20,447 -1.74%

Demographics by Zip Code

Total population 12,358
Median age 33.7
Average household income $66,509
Family households 36.4%
Occupied housing units 6,270
Owner occupied units 6.0%
People per household (average) 1.66
Median year structure built 1965
Median value for units with a mortgage $441,900
Median value for units without a mortgage $0

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 40-50 Central Avenue, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 40-50 Central Avenue, Newark

Here are the neighbors for 40-50 Central Avenue, Newark.

Address Square feet Purchase date Purchase price
27 Central Ave, Newark 02/05/2026
27 Halsey St, Newark 06/11/2019 $269,700
41-43 Central Ave, Newark 12/23/2009
16-18 Washington Pl, Newark 12/12/2016
35-37 Halsey St, Newark 1,370 02/09/2022
47 Central Ave, Newark 1,370 08/26/2015 $600,000
561 Mayor Gibson, Newark 12/09/2003 $100
29 Halsey St, Newark 01/28/2016 $1
20-32 Washington Pl, Newark
45 Central Ave, Newark 1,370
559 Mayor Gibson, Newark 01/27/2021
33 Halsey St, Newark 10/05/2020 $1
31-39 Central Ave, Newark 1,370 12/23/2009
31 Halsey St, Newark 01/05/2000 $1

Nearby ZIP Codes for 40-50 Central Avenue, Newark

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