Essex County  »  07102  »  University Ave  »  405-425 University Ave

405-425 University Avenue, Newark, NJ 07102 - Property report

Also known as: 405-425 University Ave

Property image for 405-425 University Avenue, Newark, NJ 07102
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Property type

Apartment-Other (029)

Acreage

1.108

Sale price

$1

General information

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Address
Primary address
405-425 University Avenue
ZIP code
07102
County
Essex
Block
99
Lot
17
Neighborhood
Springfield - Belmont
Municipality
714
Qualifier
Parcel ID
99-17

Owner

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Sales
Sale date
11/22/2010
Sale price
$1
Arm's length
Tax
Tax year
2026
Base tax
$447,104
Building
Property type
Apartment-Other (029)
Exterior structural material
Lot
Acreage
1.108
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 405-425 University Avenue, Newark, NJ

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

Sales history for 405-425 University Avenue, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
11/22/2010 $1 XXXXXXXX XXX XXXXXXXX XXX
04/01/2002 $1

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/23/2010 - R
11/22/2010 - D
Deed and Realty Tax Fees XXXXXXXX XXX XXXXXXXX XXX
04/01/2002 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 405-425 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
$447,104
Recent tax assessments
Market value
$11,180,400
Land value
$2,179,100
Building value
$9,001,300

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 $11,180,400 $11,180,400 3.999 $447,104 +5.15%
2024 $11,180,400 $11,180,400 3.803 $425,191 +2.01%
2023 $11,180,400 $11,180,400 3.728 $416,805 -0.21%
2022 $11,180,400 $11,180,400 3.736 $417,700 +0.05%
2021 $11,180,400 $11,180,400 3.734 $417,476 -1.74%
2020 $11,180,400 $11,180,400 3.8 $424,855 +1.04%
2019 $11,180,400 $11,180,400 3.761 $420,495 +1.84%
2018 $11,180,400 $11,180,400 3.693 $412,892 +3.74%
2017 $11,180,400 $11,180,400 3.56 $398,022 +3.49%
2016 $11,180,400 $11,180,400 3.44 $384,606 +3.96%

Permit information for 405-425 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

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Frequently asked questions

When was 405-425 University Avenue, Newark, NJ 07102 last sold and what was the sale price?

405-425 University Avenue, Newark, NJ 07102 was last sold on 11/22/2010 for $1.

What is the assessed value of 405-425 University Avenue, Newark, NJ 07102?

405-425 University Avenue, Newark, NJ 07102 is currently assessed at $11,180,400.

What are the property taxes for 405-425 University Avenue, Newark, NJ 07102?

The property taxes for 405-425 University Avenue, Newark, NJ 07102 total $447,104.

How many residential units does this building have?

This building has 282 residential unit(s).

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