45-53 Edison Place, Newark, NJ 07102 Property Information
45-53 Edison Place, Newark, NJ 07102 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 45-53 Edison Place, Newark |
| Zip code | 07102 |
| County | Essex |
| Municipality | Newark City |
| Block | 164 |
| Lot | 78 |
| Neighborhood | Downtown Newark |
Sales & Tax Overview for 45-53 Edison Place, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/17/2021 |
| Sale price | $9,750,000 |
| Property tax | $196,246 |
Lot & Building Information for 45-53 Edison Place, Newark
| Building sqft | 877 |
| Building class | Restaurant with Apartment (643) |
| Acreage | 0.217 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
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Other Property Data for 45-53 Edison Place, Newark
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- • Improvements for 45-53 Edison Place, Newark , including their type, square footage, grade and when they were built.
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About 45-53 Edison Place, Newark
This Restaurant with Apartment (643) located at 45-53 Edison Place, Newark, NJ 07102 has a total of 877 square feet and a current price per square foot of $11,117.
What is the market value of 45-53 Edison Place, Newark, NJ 07102?The current market value is $5,160,300.
Ownership Information
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Past Sales & Property History for 45-53 Edison Place, Newark
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*Here are the three most recent sales for this property.
Title Documents for 45-53 Edison Place, Newark
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R: Recorded date
D: Document date
Property Taxes for 45-53 Edison Place, Newark
Access detailed property tax data for 45-53 Edison Place, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $196,246 |
| Market value | $5,160,300 |
Assessment History for 45-53 Edison Place, Newark
Here's the assessment & property tax history for 45-53 Edison 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 |
|---|---|---|---|---|---|
| 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% |
Demographics By Zip Code
| Total population | 12,954 |
| Median age | 32 |
| Average household income | $60,589 |
| Family households | 31.4% |
| Occupied housing units | 6,254 |
| Owner occupied units | 5.5% |
| Average number of people per household | 1 |
| Median year structure built | 1970 |
| Median value for units with a mortgage | $330,200 |
| Median value for units without a mortgage | $230,500 |
Risk
Create a free account to unlock extended information for 45-53 Edison 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 45-53 Edison 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 45-53 Edison Place, Newark
Here are the neighbors for 45-53 Edison Place, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 35-37 Edison Pl, Newark | 877 | 02/16/2006 | $73,208 |
| 713-743 McCarter Hwy, Newark | 07/07/2016 | $10 | |
| 810-812 Mayor Gibson, Newark | 877 | 02/01/2022 | $12,400,000 |
| 838-840 Mayor Gibson, Newark | 08/27/2007 | $995,000 | |
| 129-145 Mulberry St, Newark | 07/13/2012 | ||
| 826 Mayor Gibson, Newark | |||
| 192 Market St, Newark | 877 | 10/08/2013 | $800,000 |
| 25-33 Edison Pl, Newark | 877 | ||
| 814-824 Mayor Gibson, Newark | 877 | ||
| 222 Market St, Newark | 877 | 09/21/2023 | |
| 214 Market St, Newark | 877 | 12/03/2013 | $1 |
| 212 Market St, Newark | 877 | 12/09/2023 | $10 |
| 200-208 Market St, Newark | 11,528 | 08/16/2024 | |
| 224-226 Market St, Newark | 877 | 03/08/2021 | $320,000 |
| 196-198 Market St, Newark | 877 | 05/02/2014 | $2,200,000 |
| 17-19 Edison Pl, Newark | 877 | 03/30/2023 | |
| 832 Mayor Gibson, Newark | 12/20/2018 | $1,195,000 | |
| 194 Market St, Newark | 877 | 06/25/2019 | $1 |
| 210 Market St, Newark | 877 | 09/10/2024 |