| Primary address | 40-52 Market Street, Newark |
| Zip code | 07102 |
| County | Essex |
| Municipality | Newark City |
| Block | 75 |
| Lot | 17 |
| Neighborhood | Springfield - Belmont |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 03/13/2019 |
| Sale price | $26,015,000 |
| Current property tax | $0 |
| Building class | Apartment-Other (029) |
| Acreage | 0.819 |
| Year built | 1900 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
40-52 Market Street, Newark, NJ 07102 was built in 1900.
What is the assessed value of 40-52 Market Street, Newark, NJ 07102 and the property tax paid?Assessed at $12,313,800, the tax amount paid for 40-52 Market Street, Newark, NJ 07102 is $492,428.
When was 40-52 Market Street, Newark, NJ 07102 last sold and what was the last sale price?40-52 Market Street, Newark, NJ 07102 was last sold in 03/13/2019 for $26,015,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 40-52 Market Street, Newark, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 40-52 Market Street, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $468,294 |
| Current property tax | $0 |
| Market value | $12,313,800 |
Here's the assessment & property tax history for 40-52 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 | $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% |
Create a free account to unlock extended information for 40-52 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 |
Access the detailed traffic volume map for 40-52 Market Street, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| 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 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 40-52 Market Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 372 University Ave, Newark | 12/13/1988 | ||
| 100-108 Branford Pl, Newark | 03/23/1999 | $550,000 | |
| 466-480 Ml King Blvd, Newark | |||
| 52-82 Market St, Newark | 03/13/2019 | $26,015,000 | |
| 346-360 University Ave, Newark | 683 | 12/20/2021 | $4,500,000 |
| 2-18 Springfield Ave, Newark | |||
| 1-55 Market St, Newark | 683 | ||
| 1280-1310 Raymond Blvd, Newark | 683 | 01/20/2023 | |
| 362-370 University Ave, Newark | 12/13/1988 | ||
| 1-37 Springfield Ave, Newark | 5,124 | ||
| 36-54 Springfield Ave, Newark | |||
| 311-317 Washington St, Newark | 683 | 06/13/1999 | $81,437 |
| 110-134 Branford Pl, Newark | 683 | ||
| 107-111 William St, Newark | 683 | 03/29/1982 | $32,480 |
| 504-534 Ml King Blvd, Newark | 683 | ||
| 87-99 William St, Newark | |||
| 87-99 William St, Newark City | 01/01/2024 | ||
| 370 University Ave, Newark | 12/13/1988 | ||
| 303-309 Washington St, Newark | 683 | 11/30/2018 | $5,500,000 |
| 374 University Ave, Newark | 12/13/1988 |