Essex County  »  07102  »  Edison Pl  »  45-53 Edison Pl

45-53 Edison Place, Newark, NJ 07102 - Property report

Also known as: 45-53 Edison Pl

Property image for 45-53 Edison Place, Newark, NJ 07102
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Property type

Restaurant with Apartment (643)

Acreage

0.217

Sale price

$9,750,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
45-53 Edison Place
ZIP code
07102
County
Essex
Block
164
Lot
78
Neighborhood
Downtown Newark
Municipality
714
Qualifier
Parcel ID
164-78

Owner

Find out who owns 45-53 Edison Place, Newark, NJ 07102. Uncover corporate and individual owners with a free account.

Sales
Sale date
12/17/2021
Sale price
$9,750,000
Arm's length
Tax
Tax year
2026
Current property tax
$159,960
Building
Property type
Restaurant with Apartment (643)
Building sq. ft.
877
Exterior structural material
Lot
Acreage
0.217
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
64 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 45-53 Edison Place, Newark, NJ

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

Sales history for 45-53 Edison Place, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
12/17/2021 $9,750,000 XXXXXX XXXXXXX XXX XXX XXXXXX XXXXXXXXXX X X XXX XXXXXXX; XXXX XXXX X; XXXX XXX XXXXXXXXXX XXX; XXX XXXXXX XXXXXXXXXX XXXXX XXX
10/31/2018 $6,150,000 XXX XXXXXX XXXXXXXXXX XXXXX, XXX XX-XX XXXXXX XXXXX, XXX
04/26/2007 $1,094,000 XX-XX XXXXXX XX, XXX XXXXXX, XXXXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/30/2022 - R Mortgage XXXXXX XXXX X XXXXXXXX XXXX
03/30/2022 - R Mortgage XXXXXX XXXXXXX XXX XXXXXXXX XXXX
01/12/2022 - R
12/17/2021 - D		 Bargain and Sale Deed with Covenant Against Grantor's Acts XXX XXXXXX XXXXXXXXXX X X XXX XXXXXXX XXXXXX XXXXXXX XXX
11/05/2018 - R
10/31/2018 - D		 Deed and Realty Tax Fees XX-XX XXXXXX XXXXX, XXX XXX XXXXXX XXXXXXXXXX XXXXX, XXX
05/15/2007 - R
04/26/2007 - D		 Deed and Realty Tax Fees XXXXXX, XXXXX XX-XX XXXXXX XX, XXX
12/22/2000 - 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 45-53 Edison Place, 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
$159,960
Recent tax assessments
Market value
$4,000,000
Land value
$1,160,300
Building value
$2,839,700

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 $5,160,300 $5,160,300 3.999 $206,360 +5.15%
2024 $5,160,300 $5,160,300 3.803 $196,246 +2.01%
2023 $5,160,300 $5,160,300 3.728 $192,376 +164.06%
2022 $1,950,000 $1,950,000 3.736 $72,852 +0.05%
2021 $1,950,000 $1,950,000 3.734 $72,813 -1.74%
2020 $1,950,000 $1,950,000 3.8 $74,100 -56.22%
2019 $4,500,000 $4,500,000 3.761 $169,245 -15.26%
2018 $5,408,300 $5,408,300 3.693 $199,729 +3.74%
2017 $5,408,300 $5,408,300 3.56 $192,535 +3.49%
2016 $5,408,300 $5,408,300 3.44 $186,046 +3.96%
Permits

Permit information for 45-53 Edison Place, Newark, NJ

No recently recorded permits for this property.

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

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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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Access the detailed traffic volume map for 45-53 Edison Place, Newark, NJ 07102 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 45-53 Edison Place, Newark, NJ

35-37 Edison Pl, Newark 713-743 McCarter Hwy, Newark 810-812 Mayor Gibson, Newark 838-840 Mayor Gibson, Newark 129-145 Mulberry St, Newark 826 Mayor Gibson, Newark 192 Market St, Newark 25-33 Edison Pl, Newark 814-824 Mayor Gibson, Newark 222 Market St, Newark 214 Market St, Newark 212 Market St, Newark 200-208 Market St, Newark 224-226 Market St, Newark 196-198 Market St, Newark 17-19 Edison Pl, Newark 832 Mayor Gibson, Newark 194 Market St, Newark 210 Market St, Newark

Nearby ZIP codes for 45-53 Edison Place, 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 market value of 45-53 Edison Place, Newark, NJ 07102?

The current market value of 45-53 Edison Place, Newark, NJ 07102 is $4,000,000.

What is the total square footage of 45-53 Edison Place, Newark, NJ 07102?

45-53 Edison Place, Newark, NJ 07102 has a total of 877 square feet.

What is the price per square foot for this property?

$11,117 per square foot is the price for 45-53 Edison Place, Newark, NJ 07102.

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