59-61 Market Street, Newark, NJ 07102 Property Information
59-61 Market Street, Newark, NJ 07102 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 59-61 Market Street, Newark |
| Zip code | 07102 |
| County | Essex |
| Municipality | Newark City |
| Block | 72 |
| Lot | 22 |
| Neighborhood | Downtown Newark |
Sales & Tax Overview for 59-61 Market Street, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 01/02/1996 |
| Sale price | $1 |
| Property tax | $30,413 |
Lot & Building Information for 59-61 Market Street, Newark
| Building sqft | 683 |
| Building class | Store-Other (739) |
| Acreage | 0.088 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 59-61 Market Street, Newark
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 59-61 Market Street, Newark , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 59-61 Market Street, Newark
This Office Building (SCILSO) located at 59-61 Market Street, Newark, NJ 07102 has a total of 28,532 square feet.
What is the market value of 59-61 Market Street, Newark, NJ 07102?The current market value is $799,700.
Ownership Information
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Past Sales & Property History for 59-61 Market Street, Newark
Create a free account to view the complete sales history for 59-61 Market Street, Newark, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 01/02/1996 | $1 | Register | Register |
Title Documents for 59-61 Market Street, Newark
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R: Recorded date
D: Document date
Property Taxes for 59-61 Market Street, Newark
Access detailed property tax data for 59-61 Market Street, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $30,413 |
| Market value | $799,700 |
Assessment History for 59-61 Market Street, Newark
Here's the assessment & property tax history for 59-61 Market Street, 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 |
|---|---|---|---|---|---|
| 2024 | $799,700 | $799,700 | 3.803 | $30,413 | -21.20% |
| 2023 | $1,035,300 | $1,035,300 | 3.728 | $38,596 | +29.18% |
| 2022 | $799,700 | $799,700 | 3.736 | $29,877 | +0.05% |
| 2021 | $799,700 | $799,700 | 3.734 | $29,861 | -1.74% |
| 2020 | $799,700 | $799,700 | 3.8 | $30,389 | -3.99% |
Demographics By Zip Code
| Total population | 12,954 |
| Median age | 32 |
| Average household income | $60,589 |
| Family households | 31.4% |
| Occupied housing units | 6,254 |
| Owner occupied units | 5.5% |
| Average number of people per household | 1 |
| Median year structure built | 1970 |
| Median value for units with a mortgage | $330,200 |
| Median value for units without a mortgage | $230,500 |
Risk
Create a free account to unlock extended information for 59-61 Market Street, Newark, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 59-61 Market Street, 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 59-61 Market Street, Newark
Here are the neighbors for 59-61 Market Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 233-237 Washington St, Newark | 683 | 05/30/2019 | $2,500,000 |
| 372 University Ave, Newark | 12/13/1988 | ||
| 75 Market St, Newark | 12/09/2016 | $10 | |
| 306-308 University Ave, Newark | 683 | 12/09/2016 | $10 |
| 65-67 Market St, Newark | 12/09/2016 | $10 | |
| 83 Market St, Newark | 12/09/2016 | $10 | |
| 89-91 Market St, Newark | 683 | 12/09/2016 | $10 |
| 239 Washington St, Newark | 06/02/2009 | $1,500,624 | |
| 346-360 University Ave, Newark | 683 | 12/20/2021 | $4,500,000 |
| 63 Market St, Newark | 12/09/2016 | $10 | |
| 378-380 University Ave, Newark | 03/16/1999 | ||
| 85-87 Market St, Newark | 12/09/2016 | $10 | |
| 376 University Ave, Newark | 10/03/2023 | $100 | |
| 81 Market St, Newark | 12/09/2016 | $10 | |
| 304 University Ave, Newark | 12/09/2016 | $10 | |
| 69-71 Market St, Newark | 12/09/2016 | $10 | |
| 374 University Ave, Newark | 12/13/1988 | ||
| 303-309 Washington St, Newark | 683 | 11/30/2018 | $5,500,000 |
| 73 Market St, Newark | 12/09/2016 | $10 | |
| 77-79 Market St, Newark | 12/09/2016 | $10 |