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261 Bruce Street, Newark, NJ 07103 Property Information

261 Bruce Street, Newark, NJ 07103 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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261 Bruce Street, Newark, NJ 07103
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Address

Primary address 261 Bruce Street, Newark
Zip code 07103
County Essex
Municipality Newark City
Block 253
Lot 20
Neighborhood Springfield - Belmont

Sales & Tax Overview for 261 Bruce Street, Newark

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

Sale date 09/29/2022
Sale price $666,668
Arm's length
Property tax $958

Lot & Building Information for 261 Bruce Street, Newark

Building class Commercial-Other (100)
Acreage 0.033
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Zoning, Use & Area Overview

Walk Score
Transit Score
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Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 261 Bruce Street, Newark

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  • • Improvements for 261 Bruce Street, Newark , including their type, square footage, grade and when they were built.
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About 261 Bruce Street, Newark

What is the assessed value of 261 Bruce Street, Newark, NJ 07103 and the property tax paid?

Assessed at $25,200, the tax amount paid for 261 Bruce Street, Newark, NJ 07103 is $1,007.

When was 261 Bruce Street, Newark, NJ 07103 last sold?

261 Bruce Street, Newark, NJ 07103 was last sold in 10/10/2024.

Ownership Information

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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 261 Bruce Street, Newark

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Purchase date Purchase price Buyer name Seller name
09/29/2022 $666,668
09/13/2005 $100
07/31/1998 $650,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 261 Bruce Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
10/10/2024 - D
10/17/2024 - R
Bargain and Sale Deed
09/29/2022 - D
11/14/2022 - R
Deed and Realty Tax Fees
09/13/2005 - D
10/11/2005 - R
Deed and Realty Tax Fees
07/31/1998 - D Deed and Realty Tax Fees
                   
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R: Recorded date
D: Document date

Property Taxes for 261 Bruce Street, Newark

Access detailed property tax data for 261 Bruce Street, Newark, NJ 07103. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $958
Market value $25,200

Assessment History for 261 Bruce Street, Newark

Here's the assessment & property tax history for 261 Bruce 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
2024 $25,200 $25,200 3.803 $958 +2.01%
2023 $25,200 $25,200 3.728 $939 -0.21%
2022 $25,200 $25,200 3.736 $941 +0.05%
2021 $25,200 $25,200 3.734 $941 -1.74%
2020 $25,200 $25,200 3.8 $958 +1.04%

Demographics By Zip Code

Total population 36,733
Median age 31
Average household income $58,804
Family households 61.0%
Occupied housing units 12,864
Owner occupied units 23.4%
Average number of people per household 2
Median year structure built 1990
Median value for units with a mortgage $270,500
Median value for units without a mortgage $236,800

Risk

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FEMA flood zone(s) X (See more on map)
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Geohazard zones map

Transportation

Access the detailed traffic volume map for 261 Bruce Street, 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 261 Bruce Street, Newark

Here are the neighbors for 261 Bruce Street, Newark.

Address Square feet Purchase date Purchase price
359 Morris Ave, Newark 1,030 05/30/2024
361 Morris Ave, Newark 1,030 05/30/2024
242-250 Springfield Ave, Newark 07/03/1975
305-309 Morris Ave, Newark 1,030
370 Morris Ave, Newark 10/10/2024
366-368 Morris Ave, Newark 10/10/2024
326-330 15th Ave, Newark
357 Morris Ave, Newark 1,030 05/30/2024
252-274 Springfield Ave, Newark 13,000 08/26/2003 $1
59 Hayes St, Newark 03/15/2012 $6,100,000
2-12 14th Ave, Newark 03/15/2012 $6,100,000
348 Morris Ave, Newark 1,030 10/10/2024
339-353 Morris Ave, Newark 1,030 10/07/2022
313-329 15th Ave, Newark 07/16/2012 $875,000
355 Morris Ave, Newark 1,030 10/07/2022
350-352 Morris Ave, Newark 1,030 10/10/2024
354-364 Morris Ave, Newark 10/10/2024
280-296 Springfield Ave, Newark 08/15/1997 $117,000
14-38 14th Ave, Newark 1,030 02/07/2023 $1
40-56 14th Ave, Newark 03/24/2022 $245,000

Nearby ZIP Codes for 261 Bruce Street, Newark

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