Essex County » 07102 » Market St » 241-263 Market St

241-263 Market Street, Newark, NJ 07102 Property Information

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Address

Primary address	241-263 Market Street, Newark
Zip code	07102
County	Essex
Municipality	Newark City
Block	151
Lot	121

Neighborhood	Downtown Newark

Sales & Tax Overview for 241-263 Market Street, Newark

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date	12/06/2018
Sale price	$1,500,000

Arm's length	Register
Property tax	$1,174,906

Lot & Building Information for 241-263 Market Street, Newark

Building sqft	877
Building class	Apartment-Other (029)
Acreage	1.154
Year built	1900

Zoning, Use & Area Overview

Walk Score

Transit Score

Bike Score

Zoning district	Redevelopment/Special District (RDV)
Broadband internet providers and speed map	Register
Types of broadband connections map	Register

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 241-263 Market Street, Newark

Property reports include comprehensive occupancy, improvement and development information (where available).
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• Improvements for 241-263 Market Street, Newark , including their type, square footage, grade and when they were built.

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About 241-263 Market Street, Newark

What is the year built & the total sq. ft. for 241-263 Market Street, Newark, NJ 07102?

241-263 Market Street, Newark, NJ 07102 was built in 1900 and has a total of 877 square feet.

What is the assessed value of 241-263 Market Street, Newark, NJ 07102 and the property tax paid?

Assessed at $29,380,000, the tax amount paid for 241-263 Market Street, Newark, NJ 07102 is $1,174,906.

When was 241-263 Market Street, Newark, NJ 07102 last sold and what was the last sale price?

241-263 Market Street, Newark, NJ 07102 was last sold in 12/06/2018 for $1,500,000.

Ownership Information

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Spaces for Lease in 241-263 Market Street, Newark

Four Gateway Center

Listing type	For Lease
Last updated	03/24/2026
Lot size	1.15 Acre

â¢ Interconnected 2 MSF of Class A office space

â¢ 100,000 SF of retail connected to hotel and

Newark Penn Station

â¢ 10 gig Fiber Connectivity

â¢ Transit Hub office complex

â¢ NJ Transit

â¢ Amtrak

â¢ Newark Light Rail

â¢ PATH

â¢ On-site, indoor connectivity to:

â¢ Retail and food & beverage amenities

â¢ Hotel

â¢ Conference center

â¢ Property management

â¢ Parking

â¢ Close proximity to Prudential Center

and NJ PAC

â¢ Billions of city-wide, office product

investment

â¢ 10,000+ new residential units

â¢ Deep Millennial talent pool

â¢ Rich cultural amenities within

walking distance

View Listing

Brokers

Timothy R. Greiner

Blake J. Goodman

Charlie Dillon

Christopher Conklin

Colleen Maguire

Jerry Shifrin

Curtis Foster

Spaces

Suite name	Space type	Lease rate	Available space	Brokers
4 Gateway Ctr #600	General Office	Listing price not available	23,840	Blake J. Goodman
4 Gateway Ctr #700	General Office	Listing price not available	23,840	Blake J. Goodman
4 Gateway Ctr #800	General Office	Listing price not available	23,840	Blake J. Goodman
4 Gateway Ctr #900	General Office	Listing price not available	23,840	Blake J. Goodman
4 Gateway Ctr #1000	General Office	Listing price not available	23,840	Blake J. Goodman
4 Gateway Ctr #500	General Office	Listing price not available	23,840	Blake J. Goodman

Active Listings For This Property:

For Lease

Four Gateway Center

241-263 Market Street, Newark

Property General Office

Availability 6 Spaces listed / 143040 Sqft

Price Listing price not available

Commercial Real Estate nearby

Real Estate Reports:

Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 

Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.

Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens

Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.

Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks

Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.

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Past Sales & Property History for 241-263 Market Street, Newark

Create a free account to view the complete sales history for 241-263 Market Street, Newark, including title documents, transfer conditions, mortgages and liens.

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*Here are the three most recent sales for this property.

More about Essex County Property Records

Title Documents for 241-263 Market Street, Newark

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.

Date	Type	Amount	Party 1	Party 2	Maturity	Index	Document	Related documents	Doc image
12/06/2018 - D 12/13/2018 - R	Deed and Realty Tax Fees
01/03/2011 - D 01/10/2011 - R	Deed and Realty Tax Fees
06/12/2009 - D 06/16/2009 - R	Deed and Realty Tax Fees
10/25/2006 - D 10/30/2006 - R	Deed and Realty Tax Fees
06/10/2002 - D	Deed and Realty Tax Fees

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R: Recorded date
D: Document date

Property Taxes for 241-263 Market Street, Newark

Access detailed property tax data for 241-263 Market Street, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2025
Property tax	$1,174,906

Market value	$29,380,000

More about Essex County Property Taxes

Assessment History for 241-263 Market Street, Newark

Here's the assessment & property tax history for 241-263 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
2025	$29,380,000	$29,380,000	3.999	$1,174,906	+5.15%
2024	$29,380,000	$29,380,000	3.803	$1,117,321	+2.01%
2023	$29,380,000	$29,380,000	3.728	$1,095,286	-0.21%
2022	$29,380,000	$29,380,000	3.736	$1,097,637	-26.05%
2021	$39,750,000	$39,750,000	3.734	$1,484,265	-1.74%

Risk

Create a free account to unlock extended information for 241-263 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

Transportation

Access the detailed traffic volume map for 241-263 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

Schools

Nearest elementary schools

Name	Rating	Type	Grade range	No of students	Distance to school (mi)
Team Academy Charter School	5	Charter	K-12	6,096	0.23
Gray Charter School	9	Charter	K-8	344	0.30
Discovery Charter School	6	Charter	4-8	105	0.34
Great Oaks Charter School	4	Charter	PK, K-12	2,012	0.36
Great Oaks Charter School	4	Charter	PK, K-12	2,012	0.36

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance to school (mi)
Team Academy Charter School	5	Charter	K-12	6,096	0.23
Alif Muhammad's Nia School	NR	Private	8-12	116	0.26
Gray Charter School	9	Charter	K-8	344	0.30
Discovery Charter School	6	Charter	4-8	105	0.34
Great Oaks Charter School	4	Charter	PK, K-12	2,012	0.36

Nearest high schools

Name	Rating	Type	Grade range	No of students	Distance to school (mi)
Team Academy Charter School	5	Charter	K-12	6,096	0.23
Alif Muhammad's Nia School	NR	Private	8-12	116	0.26
Great Oaks Charter School	4	Charter	PK, K-12	2,012	0.36
North Star Academy Charter School of Newark	6	Charter	K-12	6,352	0.47
The Mesivta of North Jersey	NR	Private	9-12	0	0.59

Neighbors for 241-263 Market Street, Newark

Here are the neighbors for 241-263 Market Street, Newark.

Address	Square feet	Purchase date	Purchase price
788-824 McCarter Hwy, Newark	877	12/28/2018	$2,363,800
334-352 Market St, Newark	877
1-25 Alling St, Newark	877	04/23/1999
756-760 McCarter Hwy, Newark		05/30/2002	$10
1048 Raymond Blvd, Newark		07/13/2012
12 Beaver St, Newark		06/02/2009	$352,986
752-754 McCarter Hwy, Newark		07/19/2004	$431,250
105-109 Mulberry St, Newark	8,614	05/22/2006	$2,350,000
337-353 Market St, Newark		05/02/1984
27-35 Clinton St, Newark
604 McCarter Hwy, Newark		02/16/2006	$1
283-299 Market St, Newark	877	12/28/2018	$137,587,446
1088-1132 Raymond BD, Newark	877	10/13/2006	$13,000,000
326-332 Market St, Newark		05/02/1984
144-150 Edison Pl, Newark	877
138-142 Edison Pl, Newark
136 Edison Pl, Newark		05/30/2002	$10
245-281 Market St, Newark	877	12/28/2018	$23,638,000
329-335 Market St, Newark
9 Clinton St, Newark		10/01/1991

Nearby ZIP Codes for 241-263 Market Street, Newark

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Purchase date	Purchase price	Buyer name	Seller name
12/06/2018	$1,500,000
01/03/2011	$81,575,000
06/12/2009	$16,696,000