Essex County  »  07102  »  Market St  »  283-299 Market St

283-299 Market Street, Newark, NJ 07102 - Property report

Also known as: 283-299 Market St

Property image for 283-299 Market Street, Newark, NJ 07102
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Property type

Office-Corporate Headquarters (561)

Year built

1900

Acreage

1.349

Sale price

$137,587,446

General information

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Address
Primary address
283-299 Market Street
ZIP code
07102
County
Essex
Block
151
Lot
120
Neighborhood
Downtown Newark
Municipality
714
Qualifier
Parcel ID
151-120

Owner

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Sales
Sale date
12/28/2018
Sale price
$137,587,446
Arm's length
Tax
Tax year
2026
Current property tax
$2,964,931
Building
Property type
Office-Corporate Headquarters (561)
Building sq. ft.
877
Year built
1900
Exterior structural material
Lot
Acreage
1.349
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 283-299 Market Street, Newark, NJ

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

Sales history for 283-299 Market Street, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
12/28/2018 $137,587,446 X XXXXXXX XXXXXX XXXXXXXX XXXXX,XXX X XXXXXXX XXXXXX XXXXXXXX XXX
01/05/2006 $141,500,000 X XXXXXXX XXXXXX XXXXXXXX XXX & XXX XXXXXXX XXXXXXXXXX, XXX
01/24/2002 $99,108,795

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/19/2023 - R
06/14/2023 - D
Memorandum of Lease XXX XXXXXXX XXXXXX XXXXXXXX XXXXX, XXX XXX XXXXXX XXXXXXX XXXXXXXXXXX
02/11/2019 - R
12/28/2018 - D
Deed and Realty Tax Fees X XXXXXXX XXXXXX XXXXXXXX XXX X XXXXXXX XXXXXX XXXXXXXX XXXXX,XXX
01/12/2006 - R
01/05/2006 - D
Deed and Realty Tax Fees XXXXXXX XXXXXXXXXX, XXX X XXXXXXX XXXXXX XXXXXXXX XXX & XXX
01/24/2002 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 283-299 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
Property tax
$2,964,931
Recent tax assessments
Market value
$74,141,800
Land value
$4,400,000
Building value
$69,741,800

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 $74,141,800 $74,141,800 3.999 $2,964,931 +5.15%
2024 $74,141,800 $74,141,800 3.803 $2,819,613 +2.01%
2023 $74,141,800 $74,141,800 3.728 $2,764,006 -0.21%
2022 $74,141,800 $74,141,800 3.736 $2,769,938 -9.04%
2021 $81,555,980 $81,555,980 3.734 $3,045,300 -1.74%
2020 $81,555,980 $81,555,980 3.8 $3,099,127 +11.14%
2019 $74,141,800 $74,141,800 3.761 $2,788,473 +1.84%
2018 $74,141,800 $74,141,800 3.693 $2,738,057 -17.08%
2017 $92,750,000 $92,750,000 3.56 $3,301,900 +1.04%
2016 $95,000,000 $95,000,000 3.44 $3,268,000 +3.96%

Permit information for 283-299 Market Street, 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

What is the year built for 283-299 Market Street, Newark, NJ 07102?

The development at 283-299 Market Street, Newark, NJ 07102 was built in 1900.

What is the market value of 283-299 Market Street, Newark, NJ 07102?

The current market value of 283-299 Market Street, Newark, NJ 07102 is $74,141,800.

What is the total square footage of 283-299 Market Street, Newark, NJ 07102?

283-299 Market Street, Newark, NJ 07102 has a total of 877 square feet.

What is the price per square foot for this property?

$156,884 per square foot is the price for 283-299 Market Street, Newark, NJ 07102.

How many active listings does 283-299 Market Street, Newark, NJ 07102 have?

This address has 1 active listing(s).

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