Essex County  »  07102  »  University Ave  »  56-58 University Ave

56-58 University Avenue, Newark, NJ 07102 Property Information

56-58 University Avenue, Newark, NJ 07102 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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56-58 University Avenue, Newark, NJ 07102
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Address

Primary address 56-58 University Avenue, Newark
Zip code 07102
County Essex
Municipality Newark City
Block 33
Lot 53
Neighborhood Downtown Newark

Sales & Tax Overview for 56-58 University Avenue, Newark

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

Current property tax $0

Lot & Building Information for 56-58 University Avenue, Newark

Building sqft 1,224
Building class Public School Property (15A)
Acreage 0.058
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Zoning, Use & Area Overview

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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 56-58 University Avenue, Newark

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  • • Improvements for 56-58 University Avenue, Newark , including their type, square footage, grade and when they were built.
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About 56-58 University Avenue, Newark

How many square feet does 56-58 University Avenue, Newark, NJ 07102 have?

This Public School Property (15A) located at 56-58 University Avenue, Newark, NJ 07102 has a total of 1,224 square feet.

What is the assessed value of 56-58 University Avenue, Newark, NJ 07102 and the property tax paid?

Assessed at $106,500, the tax amount paid for 56-58 University Avenue, Newark, NJ 07102 is $4,258.

When was 56-58 University Avenue, Newark, NJ 07102 last sold?

56-58 University Avenue, Newark, NJ 07102 was last sold in 04/26/1988.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 56-58 University Avenue, Newark

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No recorded sales for this property.

Title Documents for 56-58 University Avenue, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
04/26/1988 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 56-58 University Avenue, Newark

Access detailed property tax data for 56-58 University Avenue, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $4,259
Current property tax $0
Market value $106,500

Assessment History for 56-58 University Avenue, Newark

Here's the assessment & property tax history for 56-58 University 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 $106,500 $106,500 3.999 $4,259 +5.15%
2024 $106,500 $106,500 3.803 $4,050 +2.01%
2023 $106,500 $106,500 3.728 $3,970 -0.21%
2022 $106,500 $106,500 3.736 $3,979 +0.05%
2021 $106,500 $106,500 3.734 $3,977 -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%
Average number of people per household 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)
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Geohazard zones map

Transportation

Access the detailed traffic volume map for 56-58 University 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 56-58 University Avenue, Newark

Here are the neighbors for 56-58 University Avenue, Newark.

Address Square feet Purchase date Purchase price
92 Orange St, Newark 07/19/2005 $1
51-89 Central Ave, Newark 1,224 02/05/2026
108-112 University Ave, Newark 07/30/2025
64 University Ave, Newark 1,224 04/05/2005 $300,000
82 University Ave, Newark 1,224 08/16/1976
42 James St, Newark 07/30/2025
72 University Ave, Newark 1,224 04/05/2005 $300,000
74 University Ave, Newark 1,224 01/14/2005 $74,000
90 Orange St, Newark 07/19/2005 $1
40 James St, Newark 1,224 07/30/2025
41-45 Washington St, Newark 1,224
70 University Ave, Newark 1,224 04/05/2005 $300,000
76 University Ave, Newark 1,224 04/26/1988
52-54 University Ave, Newark 07/14/2017 $210,000
78 University Ave, Newark 1,224 09/29/1980
80 University Ave, Newark 1,224 09/29/1980
47-55 Washington St, Newark 12/06/2024
66-68 University Ave, Newark 1,224 04/05/2005 $300,000
84 University Ave, Newark 1,224 05/08/1987
42-50 University Ave, Newark 07/19/2005 $1

Nearby ZIP Codes for 56-58 University Avenue, Newark

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