Essex County  »  07102  »  University Ave  »  346-360 University Ave

346-360 University Avenue, Newark, NJ 07102 - Property report

Also known as: 346-360 University Ave

Property image for 346-360 University Avenue, Newark, NJ 07102
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Property type

Commercial-Other (100)

Year built

1900

Acreage

0.905

Sale price

$4,500,000

General information

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Address
Primary address
346-360 University Avenue
ZIP code
07102
County
Essex
Block
73
Lot
15
Neighborhood
Downtown Newark
Municipality
714
Qualifier
Parcel ID
73-15

Owner

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Sales
Sale date
12/20/2021
Sale price
$4,500,000
Arm's length
Tax
Tax year
2026
Base tax
$61,217
Building
Property type
Commercial-Other (100)
Building sq. ft.
683
Year built
1900
Exterior structural material
Lot
Acreage
0.905
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
58 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 346-360 University Avenue, Newark, NJ

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

Sales history for 346-360 University Avenue, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
12/20/2021 $4,500,000 XXXXX,XXXXXX XX XXXX X. XXXXXX; XX XXXXXXXXXX XXXXXXX X.X.X
08/31/2017 $1 XX XXXXXXXXXX XXXXXXX XXX XXXXXXXXXXX XXXXXXXXXXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/24/2026 - R
02/20/2026 - D
Deed and Realty Tax Fees XXXXXXXXXXXX XXXXXXXXXX, XXXXXXXXXX XX XXX XXXXXX XXXXX,XXXXXX XX
03/24/2026 - R
11/12/2025 - D
XXXXXXXXXXXX XXXXXXXXXX,XXXXXXXXXX XX XXX XXXXXX XXXXXXXXXXX XXXXXXXXXXX
01/04/2022 - R
12/20/2021 - D
Deed and Realty Tax Fees XXXX X. XXXXXX XXXXX,XXXXXX XX
03/19/2019 - R
03/13/2019 - D
Deed and Realty Tax Fees XX XXXXXXXXXX XXXXXX, XXX XXXXXX XX XXXXX
12/26/2017 - R
08/31/2017 - D
Deed and Realty Tax Fees XXXXXXXXXXX XXXXXXXXXXX XX XXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 346-360 University Avenue, 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
$61,217
Recent tax assessments
Market value
$1,530,800
Land value
$1,380,000
Building value
$150,800

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 $1,530,800 $1,530,800 3.999 $61,217 +5.15%
2024 $1,530,800 $1,530,800 3.803 $58,216 +2.01%
2023 $1,530,800 $1,530,800 3.728 $57,068 -0.21%
2022 $1,530,800 $1,530,800 3.736 $57,191 +0.05%
2021 $1,530,800 $1,530,800 3.734 $57,160 -1.74%
2020 $1,530,800 $1,530,800 3.8 $58,170 -0.69%
2019 $1,557,400 $1,557,400 3.761 $58,574 +1.84%
2018 $1,557,400 $1,557,400 3.693 $57,515 -53.84%
2017 $3,500,000 $3,500,000 3.56 $124,600 +20.54%
2016 $3,005,000 $3,005,000 3.44 $103,372 +3.96%

Permit information for 346-360 University Avenue, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
12,358
Median age
33.7
Average household income
$66,509
Family households
36.4%
People per household (average)
1.66
Occupied housing units
6,270
Owner-occupied units
6.0%
Median year structure built
1965
Median value mortgaged units
$441,900

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 346-360 University Avenue, Newark, NJ 07102 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 346-360 University Avenue, Newark, NJ 07102?

The development at 346-360 University Avenue, Newark, NJ 07102 was built in 1900.

What is the total square footage of 346-360 University Avenue, Newark, NJ 07102?

346-360 University Avenue, Newark, NJ 07102 has a total of 683 square feet.

When was 346-360 University Avenue, Newark, NJ 07102 last sold and what was the sale price?

346-360 University Avenue, Newark, NJ 07102 was last sold on 12/20/2021 for $4,500,000.

What is the assessed value of 346-360 University Avenue, Newark, NJ 07102?

346-360 University Avenue, Newark, NJ 07102 is currently assessed at $1,530,800.

What are the property taxes for 346-360 University Avenue, Newark, NJ 07102?

The property taxes for 346-360 University Avenue, Newark, NJ 07102 total $61,216.

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