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Robert Treat Center - 42-50 Park Place, Newark, NJ 07102 Property Information

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Address

Primary address	42-50 Park Place, Newark
Zip code	07102
County	Essex
Municipality	Newark City
Block	125
Lot	15

Neighborhood	Downtown Newark

Sales & Tax Overview for 42-50 Park Place, Newark

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Sale date	10/29/1996
Sale price	$1,000,000

Arm's length	Register
Current property tax	$214,766

Lot & Building Information for 42-50 Park Place, Newark

Building class	Commercial-Other (100)
Acreage	1.483
Units	169
Exterior structural material	Register

Zoning, Use & Area Overview

Walk Score

Transit Score

Bike Score

Zoning district	Register
Broadband internet providers and speed map	Register
Types of broadband connections map	Register

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Other Property Data for 42-50 Park Place, Newark

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• Improvements for 42-50 Park Place, Newark , including their type, square footage, grade and when they were built.

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About 42-50 Park Place, Newark

What is the assessed value of Robert Treat Center - 42-50 Park Place, Newark, NJ 07102 and the property tax paid?

Assessed at $5,518,800, the tax amount paid for Robert Treat Center - 42-50 Park Place, Newark, NJ 07102 is $220,696.

When was Robert Treat Center - 42-50 Park Place, Newark, NJ 07102 last sold and what was the last sale price?

Robert Treat Center - 42-50 Park Place, Newark, NJ 07102 was last sold in 10/29/1996 for $1,000,000.

Ownership Information

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Commercial Real Estate nearby

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Past Sales & Property History for 42-50 Park Place, Newark

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Purchase date	Purchase price	Buyer name	Seller name
10/29/1996	$1,000,000	Register	Register

More about Essex County Property Records

Title Documents for 42-50 Park Place, Newark

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Date	Type	Amount	Party 1	Party 2	Maturity	Index	Document	Related documents	Doc image
03/05/2025 - R 03/04/2025 - D	Confirmatory Deed
08/16/2024 - R 07/25/2024 - D	Consolidation Deed
10/29/1996 - D	Deed and Realty Tax Fees

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R: Recorded date
D: Document date

Property Taxes for 42-50 Park Place, Newark

Access detailed property tax data for Robert Treat Center - Robert Treat Center - 42-50 Park Place, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2025
Base tax	$219,945
Current property tax	$214,766

Market value	$5,500,000

More about Essex County Property Taxes

Assessment History for 42-50 Park Place, Newark

Here's the assessment & property tax history for 42-50 Park Place, 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
2025	$5,500,000	$5,500,000	3.999	$219,945	+5.15%
2024	$5,500,000	$5,500,000	3.803	$209,165	+107.80%
2023	$2,700,000	$2,700,000	3.728	$100,656	-51.01%
2022	$5,500,000	$5,500,000	3.736	$205,480	-49.97%
2021	$11,000,000	$11,000,000	3.734	$410,740	-1.74%

Demographics by Zip Code

Total population	12,358
Median age	33.7
Average household income	$66,509
Family households	36.4%
Occupied housing units	6,270

Owner occupied units	6.0%
People per household (average)	1.66
Median year structure built	1965
Median value for units with a mortgage	$441,900
Median value for units without a mortgage	$0

Risk

Create a free account to unlock extended information for 42-50 Park Place, 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

Transportation

Access the detailed traffic volume map for 42-50 Park Place, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 42-50 Park Place, Newark

Here are the neighbors for Robert Treat Center - 42-50 Park Place, Newark.

Address	Purchase date	Purchase price
20 Park St, Newark	11/24/2025	$1
14 Park St, Newark	09/02/2025
13-33 Mulberry St, Newark
54 Park Pl, Newark	03/27/1979	$127,983
60-66 Park Pl, Newark	07/22/2022
34-40 Park Pl, Newark	09/08/2016	$150,000
56 Park Pl, Newark	02/02/2017	$2,600,000
18 Park St, Newark	11/24/2025	$1
16 Park St, Newark	11/24/2025	$1
760 Ml King Blvd, Newark
10 Park St, Newark	11/13/2014	$2,000,000
12 Park St, Newark	11/24/2025	$1
52 Park Pl, Newark	08/26/1993	$102,677
58 Park Pl, Newark	11/13/2014	$2,000,000
33-37 Kitchell St, Newark	10/29/1996	$1,000,000
22-34 Park St, Newark	08/17/2018	$1
608-612 Mayor Gibson, Newark
614 Mayor Gibson, Newark
758-760 Ml King Blvd, Newark
762 Ml King Blvd, Newark

Nearby ZIP Codes for 42-50 Park Place, Newark

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