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488 Springfield Avenue, Newark, NJ 07103 Property Information

488 Springfield Avenue, Newark, NJ 07103 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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488 Springfield Avenue, Newark, NJ 07103
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Address

Primary address 488 Springfield Avenue, Newark
Zip code 07103
County Essex
Municipality Newark City
Block 307
Lot 21
Neighborhood West Side Newark

Sales & Tax Overview for 488 Springfield Avenue, Newark

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

Sale date 12/21/2010
Sale price $1
Arm's length
Property tax $7,286

Lot & Building Information for 488 Springfield Avenue, Newark

Building class Commercial-Other (100)
Acreage 0.071
Stories 1
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


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

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 488 Springfield Avenue, Newark

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  • • Improvements for 488 Springfield Avenue, Newark , including their type, square footage, grade and when they were built.
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About 488 Springfield Avenue, Newark

What is the assessed value of 488 Springfield Avenue, Newark, NJ 07103 and the property tax paid?

Assessed at $182,200, the tax amount paid for 488 Springfield Avenue, Newark, NJ 07103 is $7,286.

When was 488 Springfield Avenue, Newark, NJ 07103 last sold?

488 Springfield Avenue, Newark, NJ 07103 was last sold in 12/14/2022.

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.
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
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Past Sales & Property History for 488 Springfield Avenue, Newark

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Purchase date Purchase price Buyer name Seller name
12/21/2010 $1
04/30/2008 $225,000
02/22/2007 $137,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 488 Springfield Avenue, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
05/23/2025 - R Mortgage
12/27/2022 - R
12/14/2022 - D
Deed and Realty Tax Fees
02/01/2011 - R
12/21/2010 - D
Deed and Realty Tax Fees
05/13/2008 - R
04/30/2008 - D
Deed and Realty Tax Fees
06/18/2007 - R
02/22/2007 - D
Deed and Realty Tax Fees
02/17/2005 - R
01/31/2005 - D
Deed and Realty Tax Fees
08/06/2004 - D Deed and Realty Tax Fees
05/17/1993 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 488 Springfield Avenue, Newark

Access detailed property tax data for 488 Springfield Avenue, Newark, NJ 07103. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $7,286
Market value $182,200

Assessment History for 488 Springfield Avenue, Newark

Here's the assessment & property tax history for 488 Springfield Avenue, 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 $182,200 $182,200 3.999 $7,286 +5.15%
2024 $182,200 $182,200 3.803 $6,929 +2.01%
2023 $182,200 $182,200 3.728 $6,792 -0.21%
2022 $182,200 $182,200 3.736 $6,807 +0.05%
2021 $182,200 $182,200 3.734 $6,803 -1.74%

Demographics by Zip Code

Total population 37,293
Median age 32.4
Average household income $67,765
Family households 59.4%
Occupied housing units 12,878
Owner occupied units 24.6%
People per household (average) 2.62
Median year structure built 1989
Median value for units with a mortgage $319,800
Median value for units without a mortgage $314,800

Risk

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

Transportation

Access the detailed traffic volume map for 488 Springfield Avenue, 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

Neighbors for 488 Springfield Avenue, Newark

Here are the neighbors for 488 Springfield Avenue, Newark.

Address Square feet Purchase date Purchase price
7 Blum St, Newark 10/06/2023
9 Blum St, Newark 4,755 12/07/2022
11 Blum St, Newark 1,026 03/17/2010 $175,000
582 S 10th St, Newark 4,170 12/23/2024
492 Springfield Ave, Newark 03/30/2026 $1
510 Springfield Ave, Newark 1,134 04/12/2024
13 Blum St, Newark 03/17/2010 $25,000
586 S 10th St, Newark 4,483 02/04/2021
508 Springfield Ave, Newark 1,134 04/12/2024
580 S 10th St, Newark 3,918 09/22/2008 $295,000
584 S 10th St, Newark 4,483 12/27/2016 $1
19-21 Gareis St, Newark 12/22/2020
494 Springfield Ave, Newark 02/25/2021
500 Springfield Ave, Newark 07/16/2025
502 Springfield Ave, Newark 01/12/2015 $237,000
504 Springfield Ave, Newark 1,134 08/01/2006 $289,000
506 Springfield Ave, Newark 01/12/2015 $138,000
490 Springfield Ave, Newark 10/06/2023
588 S 10th St, Newark 2,449 10/14/2022
496-498 Springfield Ave, Newark 1,134 06/15/2022

Nearby ZIP Codes for 488 Springfield Avenue, Newark

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