Essex County » 07102 » Hill St » 49-51 Hill St

49-51 Hill Street, Newark, NJ 07102 - Property report

Also known as: 49-51 Hill St

Property image for 49-51 Hill Street, Newark, NJ 07102

Property type

Apartment-Other (029)

Acreage

0.123

Sale price

$8,250,000

General information

Address

Primary address

49-51 Hill Street

ZIP code

07102

County

Essex

Block

Lot

Neighborhood

Downtown Newark

Municipality

714

Parcel ID

96-26

Sales

Sale date

11/18/2025

Sale price

$8,250,000

Arm's length

Tax

Tax year

2026

Current property tax

$57,078

Building

Property type

Apartment-Other (029)

Building sq. ft.

683

Exterior structural material

Lot

Acreage

0.123

Zoning & Use

Zoning

Qualified opportunity zone

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

93 /100. Rider's Paradise

Bike score

53 /100. Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 49-51 Hill Street, Newark, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 49-51 Hill Street, Newark, NJ 07102

Sale date	Sale price	Buyer name	Seller name
11/18/2025	$8,250,000	XXXXXXX XXXXXXXX XX XXX	XX XXXX XXXXXX XXX; XXXXXXXXXX XXXXX
06/30/2008	$1,900,000	XX XXXX XXXXXX XXX	XX XXXXXX XXXXXXXXXX
07/12/2006	$1,400,000	XX XXXXXX XXXXXXXXXX XXX	XXXX XXXX XXXXXX, XXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date	Type	Party 1	Party 2
12/09/2025 - R	Mortgage	XXXXXXX XXXXXXXX XX XXX	XXXXX XXXXXXXX XXXX
12/09/2025 - R	Mortgage	XXXXXXX XXXXXXXX XX XXX	XXXXX XXXXXXXX XXXX
12/09/2025 - R 11/18/2025 - D	Deed and Realty Tax Fees	XX XXXX XXXXXX XXX	XXXXXXX XXXXXXXX XX XXX
07/08/2008 - R 06/30/2008 - D	Deed and Realty Tax Fees	XX XXXXXX XXXXXXXXXX	XX XXXX XXXXXX XXX
08/29/2006 - R 07/12/2006 - D	Deed and Realty Tax Fees	XXXX XXXX XXXXXX, XXX	XX XXXXXX XXXXXXXXXX XXX
02/17/2004 - D	Deed and Realty Tax Fees
09/18/1995 - 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 49-51 Hill 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

Property tax

$57,078

Recent tax assessments

Market value

$1,427,300

Land value

$948,800

Building value

$478,500

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	$1,427,300	$1,427,300	3.999	$57,078	+5.15%
2024	$1,427,300	$1,427,300	3.803	$54,280	+2.01%
2023	$1,427,300	$1,427,300	3.728	$53,210	-0.21%
2022	$1,427,300	$1,427,300	3.736	$53,324	+0.05%
2021	$1,427,300	$1,427,300	3.734	$53,295	-1.74%
2020	$1,427,300	$1,427,300	3.8	$54,237	+1.04%
2019	$1,427,300	$1,427,300	3.761	$53,681	+1.84%
2018	$1,427,300	$1,427,300	3.693	$52,710	+3.74%
2017	$1,427,300	$1,427,300	3.56	$50,812	+3.49%
2016	$1,427,300	$1,427,300	3.44	$49,099	+3.96%

Permits

Permit information for 49-51 Hill Street, Newark, NJ

No recently recorded permits for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 49-51 Hill 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.

Nearby ZIP codes for 49-51 Hill 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 total square footage of 49-51 Hill Street, Newark, NJ 07102?

49-51 Hill Street, Newark, NJ 07102 has a total of 683 square feet.

When was 49-51 Hill Street, Newark, NJ 07102 last sold and what was the sale price?

49-51 Hill Street, Newark, NJ 07102 was last sold on 06/30/2008 for $1,900,000.

What is the assessed value of 49-51 Hill Street, Newark, NJ 07102?

49-51 Hill Street, Newark, NJ 07102 is currently assessed at $1,427,300.

What are the property taxes for 49-51 Hill Street, Newark, NJ 07102?

The property taxes for 49-51 Hill Street, Newark, NJ 07102 total $57,077.

How many residential units does this building have?

This building has 25 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.