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48 Commercial Street, Newark, NJ 07105 Property Information

48 Commercial Street, Newark, NJ 07105 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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48 Commercial Street, Newark, NJ 07105
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Address

Primary address 48 Commercial Street, Newark
Zip code 07105
County Essex
Municipality Newark City
Block 169.01
Lot 60
Neighborhood North Ironbound

Sales & Tax Overview for 48 Commercial Street, Newark

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

Sale date 02/01/2022
Sale price $10
Arm's length
Property tax $2,899

Lot & Building Information for 48 Commercial Street, Newark

Building sqft 877
Building class Garage-Parking (211)
Acreage 0.049
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


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

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Other Property Data for 48 Commercial Street, Newark

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About 48 Commercial Street, Newark

How many square feet does 48 Commercial Street, Newark, NJ 07105 have?

This Garage-Parking (211) located at 48 Commercial Street, Newark, NJ 07105 has a total of 877 square feet.

What is the assessed value of 48 Commercial Street, Newark, NJ 07105 and the property tax paid?

Assessed at $72,500, the tax amount paid for 48 Commercial Street, Newark, NJ 07105 is $2,899.

When was 48 Commercial Street, Newark, NJ 07105 last sold and what was the last sale price?

48 Commercial Street, Newark, NJ 07105 was last sold in 02/01/2022 for $10.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
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Past Sales & Property History for 48 Commercial Street, Newark

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Purchase date Purchase price Buyer name Seller name
02/01/2022 $10

Title Documents for 48 Commercial Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
02/15/2022 - R
02/01/2022 - D
Deed and Realty Tax Fees
02/27/1998 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 48 Commercial Street, Newark

Access detailed property tax data for 48 Commercial Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $2,899
Market value $72,500

Assessment History for 48 Commercial Street, Newark

Here's the assessment & property tax history for 48 Commercial 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 $72,500 $72,500 3.999 $2,899 +5.15%
2024 $72,500 $72,500 3.803 $2,757 +2.01%
2023 $72,500 $72,500 3.728 $2,703 -0.21%
2022 $72,500 $72,500 3.736 $2,709 +0.05%
2021 $72,500 $72,500 3.734 $2,707 -1.74%

Risk

Create a free account to unlock extended information for 48 Commercial 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) 0.2, AE (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 48 Commercial 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 (miles)
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.39
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.39
Team Academy Charter School 5 Charter K-12 6,096 0.42
Gray Charter School 9 Charter K-8 344 0.49
Newark Educators Charter School 4 Charter PK, K-4 169 0.58

Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.39
Team Academy Charter School 5 Charter K-12 6,096 0.42
Gray Charter School 9 Charter K-8 344 0.49
Alif Muhammad's Nia School NR Private 8-12 116 0.56
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.59

Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Team Academy Charter School 5 Charter K-12 6,096 0.42
Alif Muhammad's Nia School NR Private 8-12 116 0.56
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.59
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.68
The Mesivta of North Jersey NR Private 9-12 0 0.69

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 48 Commercial Street, Newark

Here are the neighbors for 48 Commercial Street, Newark.

Address Square feet Purchase date Purchase price
68-74 Commercial St, Newark 09/30/1997 $10
50-58 Jersey St, Newark 07/31/2002 $2,300,000
713-743 McCarter Hwy, Newark 07/07/2016 $10
838-840 Mayor Gibson, Newark 08/27/2007 $995,000
810-812 Mayor Gibson, Newark 877 02/01/2022 $12,400,000
943-973 Raymond Blvd, Newark 877 03/26/2010 $145,781,557
826 Mayor Gibson, Newark
943-965 Rear Raymond Blvd, Newark 09/30/1997 $10
814-824 Mayor Gibson, Newark 877
25-33 Edison Pl, Newark 877
943-973 Raymond Blvd, Newark City 877
50-66 Commercial St, Newark 877 02/01/2022 $10
937-941 Raymond Blvd, Newark 877 07/31/2002 $2,300,000
6-10 Jersey St, Newark 06/05/1989
1007-1015 Raymond Blvd, Newark 10/01/1985
76-82 Commercial St, Newark 09/30/1997 $10
2-4 Jersey St, Newark 06/05/1989
832 Mayor Gibson, Newark 12/20/2018 $1,195,000
17-19 Edison Pl, Newark 877 03/30/2023

Nearby ZIP Codes for 48 Commercial Street, Newark

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