Essex County  »  07102  »  W Market St  »  198-208 W Market St

198-208 West Market Street, Newark, NJ 07102 Property Information

198-208 West Market Street, Newark, NJ 07102 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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198-208 West Market Street, Newark, NJ 07102
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Address

Primary address 198-208 West Market Street, Newark
Zip code 07102
County Essex
Municipality Newark City
Block 420
Lot 1.01
Neighborhood University Heights

Sales & Tax Overview for 198-208 West Market Street, Newark

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Property tax $130,787

Lot & Building Information for 198-208 West Market Street, Newark

Building sqft 35,000
Building class Store
Acreage 2.78
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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 198-208 West Market Street, Newark

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About 198-208 West Market Street, Newark

How many square feet does 198-208 West Market Street, Newark, NJ 07102 have?

This Store (SCILSR) located at 198-208 West Market Street, Newark, NJ 07102 has a total of 35,000 square feet.

What is the market value of 198-208 West Market Street, Newark, NJ 07102?

The current market value is $3,270,500.

Ownership Information

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Past Sales & Property History for 198-208 West Market Street, Newark

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No recorded sales for this property.

Title Documents for 198-208 West Market Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/10/1989 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 198-208 West Market Street, Newark

Access detailed property tax data for 198-208 West Market Street, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $130,787
Market value $3,270,500

Assessment History for 198-208 West Market Street, Newark

Here's the assessment & property tax history for 198-208 West Market 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 $3,270,500 $3,270,500 3.999 $130,787 +5.15%
2024 $3,270,500 $3,270,500 3.803 $124,377 +2.01%
2023 $3,270,500 $3,270,500 3.728 $121,924 -0.21%
2022 $3,270,500 $3,270,500 3.736 $122,186 +0.05%
2021 $3,270,500 $3,270,500 3.734 $122,120 -1.74%

Demographics by Zip Code

Total population 12,358
Median age 33.7
Average household income $66,509
Family households 36.4%
Occupied housing units 6,270
Owner occupied units 6.0%
Average number of people per household 1.66
Median year structure built 1965
Median value for units with a mortgage $441,900
Median value for units without a mortgage $0

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 198-208 West Market 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 198-208 West Market Street, Newark

Here are the neighbors for 198-208 West Market Street, Newark.

Address Square feet Purchase date Purchase price
186-196 W Market St, Newark 10/17/1990 $11,450
226-270 W Market St, Newark
272-332 W Market St, Newark 01/14/2008 $37,200
29 Hartford St, Newark 912
21 Hartford St, Newark 912
210 W Market St, Newark 09/01/2021
219-223 W Market St, Newark 02/11/1991
229-233 W Market St, Newark 10/24/1992
23 Hartford St, Newark 912
214-218 W Market St, Newark 912 09/01/2021
166-170 Hudson St, Newark 07/06/1993
27 Hartford St, Newark 912 09/30/1982 $5,000
25 Hartford St, Newark 912 07/24/1982 $2,500
35-61 12th Ave, Newark City
257-295 Warren St, Newark 09/29/1982 $32,500
220 W Market St, Newark 09/01/2021
212 W Market St, Newark 3,274 11/16/2022
310-312 New St, Newark 12/10/2024 $1
35-61 12th Ave, Newark 11/01/2018 $6,350,000
296-308 Warren St, Newark 09/30/2019 $654,150

Nearby ZIP Codes for 198-208 West Market Street, Newark

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