Essex County  »  07102  »  Market St  »  114-116 REAR Market St

114-116 Rear Market Street, Newark, NJ 07102 - Property report

Also known as: 114-116 Rear Market St

Property image for 114-116 Rear Market Street, Newark, NJ 07102
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Property type

Public Property (15C)

Acreage

0.318

Sale price

$5,000

General information

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Address
Primary address
114-116 Rear Market Street
ZIP code
07102
County
Essex
Block
60
Lot
33.02
Neighborhood
Downtown Newark
Municipality
714
Parcel ID
60-33.02

Owner

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Sales
Sale date
01/18/2018
Sale price
$5,000
Arm's length
Tax
Tax year
2026
Building
Property type
Public Property (15C)
Exterior structural material
Lot
Acreage
0.318
Zoning & Use
Zoning

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
64 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 114-116 Rear Market Street, Newark, NJ

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

Sales history for 114-116 Rear Market Street, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
01/18/2018 $5,000 XXXXXXXX XXXXXXX & XXXXXXXXXX XXX XXXX XX XXXXXX
09/27/1995 $150,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/03/2025 - R
12/27/2024 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXXX & XXXXXXXXXX XXX XXXXXX, XXXX XX
02/01/2018 - R
01/18/2018 - D
Deed and Realty Tax Fees XXXX XX XXXXXX XXXXXXXX XXXXXXX & XXXXXXXXXX XXX
09/27/1995 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 114-116 Rear Market Street, Newark, NJ

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

Current property tax
Tax year
2026
Base tax
$58,073
Recent tax assessments
Market value
$1,452,200
Land value
$692,300
Building value
$759,900

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 $1,452,200 $1,452,200 3.999 $58,073 +5.15%
2024 $1,452,200 $1,452,200 3.803 $55,227 +2.01%
2023 $1,452,200 $1,452,200 3.728 $54,138 -0.21%
2022 $1,452,200 $1,452,200 3.736 $54,254 +0.05%
2021 $1,452,200 $1,452,200 3.734 $54,225 -1.74%
2020 $1,452,200 $1,452,200 3.8 $55,184 -7.50%
2019 $1,586,300 $1,586,300 3.761 $59,661 +1.84%
2018 $1,586,300 $1,586,300 3.693 $58,582 +3.74%
2017 $1,586,300 $1,586,300 3.56 $56,472 +3.49%
2016 $1,586,300 $1,586,300 3.44 $54,569 -33.93%

Permit information for 114-116 Rear Market Street, 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 114-116 Rear Market Street, Newark, NJ 07102 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)
Discovery Charter School 6 Charter 4-8 105 0.12
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.23
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.23
Newark Day Center NR Private PK, K-1 125 0.25
Newark Day Center NR Private PK, K-1 125 0.25
St. Benedict's Preparatory School NR Private K-12 749 0.27
Team Academy Charter School 5 Charter K-12 6,096 0.35
St Mary School NR Private K-8 186 0.40
St. Mary Elementary School NR Private K-8 0 0.43
Gray Charter School 9 Charter K-8 344 0.44
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Discovery Charter School 6 Charter 4-8 105 0.12
Alif Muhammad's Nia School NR Private 8-12 116 0.17
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.23
St. Benedict's Preparatory School NR Private K-12 749 0.27
St. James Preparatory School NR Private 8-12 0 0.34
Team Academy Charter School 5 Charter K-12 6,096 0.35
St Mary School NR Private K-8 186 0.40
St. Mary Elementary School NR Private K-8 0 0.43
Gray Charter School 9 Charter K-8 344 0.44
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.50
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Alif Muhammad's Nia School NR Private 8-12 116 0.17
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.23
St. Benedict's Preparatory School NR Private K-12 749 0.27
Arts High School 3 Public 9-12 593 0.32
St. James Preparatory School NR Private 8-12 0 0.34
Team Academy Charter School 5 Charter K-12 6,096 0.35
Essex County Newark Tech 5 Public 9-12 519 0.49
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.50
The Mesivta of North Jersey NR Private 9-12 0 0.61
Science High School 8 Public 7-12 938 0.63

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

Frequently asked questions

When was 114-116 Rear Market Street, Newark, NJ 07102 last sold and what was the sale price?

114-116 Rear Market Street, Newark, NJ 07102 was last sold on 01/18/2018 for $5,000.

What is the assessed value of 114-116 Rear Market Street, Newark, NJ 07102?

114-116 Rear Market Street, Newark, NJ 07102 is currently assessed at $1,452,200.

What are the property taxes for 114-116 Rear Market Street, Newark, NJ 07102?

The property taxes for 114-116 Rear Market Street, Newark, NJ 07102 total $58,073.

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