Essex County  »  07104  »  Ml King Blvd  »  138-162 Ml King Blvd

138-162 Ml King Boulevard, Newark, NJ 07104 - Property report

Also known as: 138-162 Ml King Blvd

Property image for 138-162 Ml King Boulevard, Newark, NJ 07104
static Mapbox map

Property type

Apartment-High Rise (021)

Year built

1900

Acreage

3.136

Sale price

$70.5M

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
138-162 Ml King Boulevard
ZIP code
07104
County
Essex
Block
49
Lot
1
Neighborhood
Seventh Avenue
Municipality
714
Parcel ID
49-1

Owner

Find out who owns 138-162 Ml King Boulevard, Newark, NJ 07104. Uncover corporate and individual owners with a free account.

Sales
Sale date
03/13/2018
Sale price
$70,500,000
Arm's length
Tax
Tax year
2026
Current property tax
$699,825
Building
Property type
Apartment-High Rise (021)
Year built
1900
Exterior structural material
Lot
Acreage
3.136
Zoning & Use
Zoning

Area overview

Walk score
85 /100.  Very Walkable
Transit score
82 /100.  Excellent Transit
Bike score
54 /100.  Bikeable

Data provided by: Walk Score®

Broadband internet providers and speed map
Types of broadband connections

Ownership information for 138-162 Ml King Boulevard, Newark, NJ

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

Sales history for 138-162 Ml King Boulevard, Newark, NJ 07104

Sale date Sale price Buyer name Seller name
03/13/2018 $70,500,000 XXXXXXXX XXXXXX, XXX XXXXXXXX XXXXX XXXXXX, XXX
05/18/2001 $4,754,750

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/13/2023 - R
10/24/2022 - D
Memorandum of Site Lease Agreement XXXX XXXXXXXX XXX XXXXXXXXX XXXXXX, XXX
03/26/2018 - R
03/13/2018 - D
Deed and Realty Tax Fees XXXXXXXX XXXXX XXXXXX, XXX XXXXXXXX XXXXXX, XXX
05/18/2001 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 138-162 Ml King 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
$699,825
Recent tax assessments
Market value
$17,500,000
Land value
$6,800,000
Building value
$10,700,000

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 $17,500,000 $17,500,000 3.999 $699,825 +5.15%
2024 $17,500,000 $17,500,000 3.803 $665,525 +2.01%
2023 $17,500,000 $17,500,000 3.728 $652,400 -5.61%
2022 $18,500,000 $18,500,000 3.736 $691,160 +0.05%
2021 $18,500,000 $18,500,000 3.734 $690,790 -1.74%
2020 $18,500,000 $18,500,000 3.8 $703,000 -22.12%
2019 $24,000,000 $24,000,000 3.761 $902,640 +48.13%
2018 $16,500,000 $16,500,000 3.693 $609,345 +3.74%
2017 $16,500,000 $16,500,000 3.56 $587,400 +3.49%
2016 $16,500,000 $16,500,000 3.44 $567,600 -0.56%

Permit information for 138-162 Ml King Boulevard, Newark, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 138-162 Ml King Boulevard, Newark, NJ 07104 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
McKinley Elementary School 2 Public PK, K-8 686 0.24
McKinley Elementary School 2 Public PK, K-8 686 0.24
Franklin Elementary School 4 Public PK, K-8 745 0.43
Franklin Elementary School 4 Public PK, K-8 745 0.43
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.45
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.45
Torchlight Educational Academy & Tutoring Center NR Private K-8 36 0.45
St Michael School NR Private K-8 288 0.50
Perpetual Help Day Nursery NR Private PK-K 131 0.54
Perpetual Help Day Nursery NR Private PK-K 131 0.54
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
McKinley Elementary School 2 Public PK, K-8 686 0.24
Franklin Elementary School 4 Public PK, K-8 745 0.43
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.45
Torchlight Educational Academy & Tutoring Center NR Private K-8 36 0.45
St Michael School NR Private K-8 288 0.50
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.54
Essex Co JDC NR Public 7-12 0 0.67
Philip's Academy Charter School 6 Charter PK, K-8 639 0.74
East Newark Public Elementary School 2 Public PK, K-8 227 0.75
Team Academy Charter School 5 Charter K-12 6,096 0.78
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Newark School Of Global Studies NR Public 9-10 290 0.19
The Mesivta of North Jersey NR Private 9-12 0 0.43
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.45
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.54
Barringer High School 1 Public 9-12 1,734 0.55
Barringer Academy Of S.T.E.A.M. NR Public 9-12 1,263 0.57
Technology High School 8 Public 9-12 665 0.60
Essex Co JDC NR Public 7-12 0 0.67
Team Academy Charter School 5 Charter K-12 6,096 0.78
Essex County Newark Tech 5 Public 9-12 519 0.78

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 138-162 Ml King Boulevard, Newark, NJ 07104?

The development at 138-162 Ml King Boulevard, Newark, NJ 07104 was built in 1900.

When was 138-162 Ml King Boulevard, Newark, NJ 07104 last sold and what was the sale price?

138-162 Ml King Boulevard, Newark, NJ 07104 was last sold on 03/13/2018 for $70,500,000.

What is the assessed value of 138-162 Ml King Boulevard, Newark, NJ 07104?

138-162 Ml King Boulevard, Newark, NJ 07104 is currently assessed at $17,500,000.

What are the property taxes for 138-162 Ml King Boulevard, Newark, NJ 07104?

The property taxes for 138-162 Ml King Boulevard, Newark, NJ 07104 total $699,825.

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