Essex County  »  07102  »  Market St  »  40-52 Market St

40-52 Market Street, Newark, NJ 07102 - Property report

Also known as: 40-52 Market St

Property image for 40-52 Market Street, Newark, NJ 07102
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Property type

Apartment-Other (029)

Year built

1900

Acreage

0.819

Sale price

$26,015,000

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
40-52 Market Street
ZIP code
07102
County
Essex
Block
75
Lot
17
Neighborhood
Springfield - Belmont
Municipality
714
Parcel ID
75-17

Owner

Find out who owns 40-52 Market Street, Newark, NJ 07102. Uncover corporate and individual owners with a free account.

Sales
Sale date
03/13/2019
Sale price
$26,015,000
Arm's length
Tax
Tax year
2026
Building
Property type
Apartment-Other (029)
Year built
1900
Exterior structural material
Lot
Acreage
0.819
Zoning & Use
Zoning

Area overview

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

Ownership information for 40-52 Market Street, Newark, NJ

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

Sales history for 40-52 Market Street, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
03/13/2019 $26,015,000 XXXXXX XX XXXXX XX XXXXXXXXXX XXXXXX, XXX
04/07/2016 $23,000,000 XX XXXXXXXXXX XXXXXX,XXX XXXXXXXXXXX XXXXXXXXXXX
06/01/2001 $3,950,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/19/2019 - R
03/13/2019 - D		 Deed and Realty Tax Fees XX XXXXXXXXXX XXXXXX, XXX XXXXXX XX XXXXX
07/26/2016 - R
04/07/2016 - D		 Deed and Realty Tax Fees XXXXXXXXXXX XXXXXXXXXXX XX XXXXXXXXXX XXXXXX,XXX
06/01/2001 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40-52 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
$492,429
Recent tax assessments
Market value
$12,313,800
Land value
$3,456,600
Building value
$8,857,200

More about Essex County property taxes

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 $12,313,800 $12,313,800 3.999 $492,429 +5.15%
2024 $12,313,800 $12,313,800 3.803 $468,294 +2.01%
2023 $12,313,800 $12,313,800 3.728 $459,058 -0.21%
2022 $12,313,800 $12,313,800 3.736 $460,044 +0.05%
2021 $12,313,800 $12,313,800 3.734 $459,797 -1.74%
2020 $12,313,800 $12,313,800 3.8 $467,924 +1.04%
2019 $12,313,800 $12,313,800 3.761 $463,122 +1.84%
2018 $12,313,800 $12,313,800 3.693 $454,749 +5.90%
2017 $12,061,700 $12,061,700 3.56 $429,397 +3.49%
2016 $12,061,700 $12,061,700 3.44 $414,922 +3.96%
Permits

Permit information for 40-52 Market Street, Newark, NJ

No recently recorded permits for this property.

Neighborhood

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 40-52 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)
St. Benedict's Preparatory School NR Private K-12 749 0.14
Discovery Charter School 6 Charter 4-8 105 0.21
Newark Day Center NR Private PK, K-1 125 0.29
Newark Day Center NR Private PK, K-1 125 0.29
St. Mary Elementary School NR Private K-8 0 0.30
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.32
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.32
St Mary School NR Private K-8 186 0.33
Team Academy Charter School 5 Charter K-12 6,096 0.45
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.55
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St. Benedict's Preparatory School NR Private K-12 749 0.14
Discovery Charter School 6 Charter 4-8 105 0.21
Alif Muhammad's Nia School NR Private 8-12 116 0.26
St. James Preparatory School NR Private 8-12 0 0.28
St. Mary Elementary School NR Private K-8 0 0.30
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.32
St Mary School NR Private K-8 186 0.33
Team Academy Charter School 5 Charter K-12 6,096 0.45
Science High School 8 Public 7-12 938 0.49
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.55
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
St. Benedict's Preparatory School NR Private K-12 749 0.14
Arts High School 3 Public 9-12 593 0.24
Alif Muhammad's Nia School NR Private 8-12 116 0.26
St. James Preparatory School NR Private 8-12 0 0.28
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.32
Essex County Newark Tech 5 Public 9-12 519 0.36
Team Academy Charter School 5 Charter K-12 6,096 0.45
Science High School 8 Public 7-12 938 0.49
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.55
American History High School 1 Public 9-12 373 0.63

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

Neighbors for 40-52 Market Street, Newark, NJ

372 University Ave, Newark 100-108 Branford Pl, Newark 466-480 Ml King Blvd, Newark 52-82 Market St, Newark 346-360 University Ave, Newark 2-18 Springfield Ave, Newark 1-55 Market St, Newark 1280-1310 Raymond Blvd, Newark 362-370 University Ave, Newark 1-37 Springfield Ave, Newark 36-54 Springfield Ave, Newark 311-317 Washington St, Newark 110-134 Branford Pl, Newark 107-111 William St, Newark 504-534 Ml King Blvd, Newark 87-99 William St, Newark 87-99 William St, Newark City 370 University Ave, Newark 303-309 Washington St, Newark 374 University Ave, Newark

Nearby ZIP codes for 40-52 Market Street, Newark, NJ

07003, Essex County, NJ 07017, Essex County, NJ 07018, Essex County, NJ 07028, Essex County, NJ 07031, Bergen County, NJ 07032, Hudson County, NJ 07050, Essex County, NJ 07103, Essex County, NJ 07104, Essex County, NJ 07105, Essex County, NJ 07106, Essex County, NJ 07107, Essex County, NJ 07108, Essex County, NJ 07109, Essex County, NJ 07111, Essex County, NJ 07112, Essex County, NJ 07114, Essex County, NJ 07201, Union County, NJ 07205, Union County, NJ

Frequently asked questions

What is the year built for 40-52 Market Street, Newark, NJ 07102?

The development at 40-52 Market Street, Newark, NJ 07102 was built in 1900.

When was 40-52 Market Street, Newark, NJ 07102 last sold and what was the sale price?

40-52 Market Street, Newark, NJ 07102 was last sold on 03/13/2019 for $26,015,000.

What is the assessed value of 40-52 Market Street, Newark, NJ 07102?

40-52 Market Street, Newark, NJ 07102 is currently assessed at $12,313,800.

What are the property taxes for 40-52 Market Street, Newark, NJ 07102?

The property taxes for 40-52 Market Street, Newark, NJ 07102 total $492,428.

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