Essex County  »  07105  »  Prospect St  »  87 Prospect St

87 Prospect Street, Newark, NJ 07105 - Property report

Also known as: 87 Prospect St

Property image for 87 Prospect Street, Newark, NJ 07105
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Property type

Residential (2)

Year built

1887

Acreage

0.042

Sale price

$399,000

General information

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Address
Primary address
87 Prospect Street
ZIP code
07105
County
Essex
Block
185
Lot
23
Neighborhood
North Ironbound
Municipality
714
Parcel ID
185-23

Owner

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Sales
Sale date
01/15/2004
Sale price
$399,000
Arm's length
Tax
Tax year
2026
Current property tax
$9,242
Building
Property type
Residential (2)
Building sq. ft.
4,398
Stories
3
Year built
1887
Exterior structural material
Lot
Acreage
0.042
Zoning & Use
Zoning
Units
3

Area overview

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

Ownership information for 87 Prospect Street, Newark, NJ

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

Sales history for 87 Prospect Street, Newark, NJ 07105

Sale date Sale price Buyer name Seller name
01/15/2004 $399,000
08/25/1977 $58,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/31/2005 - R
03/25/2005 - D		 Deed and Realty Tax Fees XXXXXXX, XXXXX XXXXXXX XXXXXXX, XXXXX & XXXXXXX
01/15/2004 - D Deed and Realty Tax Fees
08/25/1977 - 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 87 Prospect 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
$9,242
Recent tax assessments
Market value
$231,100
Land value
$62,400
Building value
$168,700

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 $231,100 $231,100 3.999 $9,242 +5.15%
2024 $231,100 $231,100 3.803 $8,789 +2.01%
2023 $231,100 $231,100 3.728 $8,615 -0.21%
2022 $231,100 $231,100 3.736 $8,634 +0.05%
2021 $231,100 $231,100 3.734 $8,629 -1.74%
2020 $231,100 $231,100 3.8 $8,782 +1.04%
2019 $231,100 $231,100 3.761 $8,692 +1.84%
2018 $231,100 $231,100 3.693 $8,535 +3.74%
2017 $231,100 $231,100 3.56 $8,227 +3.49%
2016 $231,100 $231,100 3.44 $7,950 +3.96%
Permits

Permit information for 87 Prospect Street, Newark, NJ

No recently recorded permits for this property.

Neighborhood

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 87 Prospect Street, Newark, NJ 07105 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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 0.05
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.05
Gray Charter School 9 Charter K-8 344 0.30
East Ward Elementary School 1 Public PK, K-5 666 0.39
East Ward Elementary School 1 Public PK, K-5 666 0.39
Oliver Street Elementary School 6 Public PK, K-8 1,045 0.45
Oliver Street Elementary School 6 Public PK, K-8 1,045 0.45
Wilson Avenue Elementary School 6 Public K-8 1,099 0.54
Ironbound Academy Elementary School NR Public K-4 190 0.57
Great Oaks Charter School 4 Charter PK, K-12 2,012 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 0.05
Gray Charter School 9 Charter K-8 344 0.30
Oliver Street Elementary School 6 Public PK, K-8 1,045 0.45
Wilson Avenue Elementary School 6 Public K-8 1,099 0.54
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.58
South Street Elementary School 4 Public PK, K-8 864 0.61
Team Academy Charter School 5 Charter K-12 6,096 0.62
Discovery Charter School 6 Charter 4-8 105 0.63
Ann Street Elementary School 5 Public K-8 1,200 0.64
Newark Boys Chorus School NR Private 3-8 47 0.66
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
East Side High School 2 Public 9-12 2,255 0.51
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.58
Team Academy Charter School 5 Charter K-12 6,096 0.62
Alif Muhammad's Nia School NR Private 8-12 116 0.67
Alpha and Omega NR Private PK-11 56 0.79
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.84
St. James Preparatory School NR Private 8-12 0 0.88
Arts High School 3 Public 9-12 593 0.91
St. Benedict's Preparatory School NR Private K-12 749 0.92
The Mesivta of North Jersey NR Private 9-12 0 0.96

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 87 Prospect Street, Newark, NJ

93 Prospect St, Newark 95 Prospect St, Newark 97 Prospect St, Newark 199 Lafayette St, Newark 91 Prospect St, Newark 81 Prospect St, Newark 89 Prospect St, Newark 99 Prospect St, Newark 83 Prospect St, Newark 77 Prospect St, Newark 75 Prospect St, Newark 73 Prospect St, Newark 61 Prospect St, Newark 59 Prospect St, Newark 197 Lafayette St, Newark 71 Prospect St, Newark 101 Prospect St, Newark 201-203 Lafayette St, Newark 85 Prospect St, Newark 79 Prospect St, Newark

Nearby ZIP codes for 87 Prospect Street, Newark, NJ

07002, Hudson County, NJ 07017, Essex County, NJ 07018, Essex County, NJ 07031, Bergen County, NJ 07032, Hudson County, NJ 07071, Bergen County, NJ 07102, Essex County, NJ 07103, Essex County, NJ 07104, Essex County, NJ 07107, Essex County, NJ 07108, Essex County, NJ 07109, Essex County, NJ 07112, Essex County, NJ 07114, Essex County, NJ 07201, Union County, NJ 07206, Union County, NJ 07304, Hudson County, NJ 07305, Hudson County, NJ 07306, Hudson County, NJ

Frequently asked questions

What is the year built for 87 Prospect Street, Newark, NJ 07105?

The development at 87 Prospect Street, Newark, NJ 07105 was built in 1887.

What is the total square footage of 87 Prospect Street, Newark, NJ 07105?

87 Prospect Street, Newark, NJ 07105 has a total of 4,398 square feet.

When was 87 Prospect Street, Newark, NJ 07105 last sold and what was the sale price?

87 Prospect Street, Newark, NJ 07105 was last sold on 01/15/2004 for $399,000.

What is the assessed value of 87 Prospect Street, Newark, NJ 07105?

87 Prospect Street, Newark, NJ 07105 is currently assessed at $231,100.

What are the property taxes for 87 Prospect Street, Newark, NJ 07105?

The property taxes for 87 Prospect Street, Newark, NJ 07105 total $9,241.

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