Essex County  »  07104  »  Passaic St  »  220-262 Passaic St

220-262 Passaic Street, Newark, NJ 07104 - Property report

Also known as: 220-262 Passaic St

Property image for 220-262 Passaic Street, Newark, NJ 07104
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Property type

Industrial/Manufacturing (330)

Acreage

3.629

Sale price

$5,500,000

General information

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Address
Primary address
220-262 Passaic Street
ZIP code
07104
County
Essex
Block
435
Lot
1
Neighborhood
Mount Pleasant
Municipality
714
Qualifier
Parcel ID
435-1

Owner

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Sales
Sale date
12/05/1995
Sale price
$5,500,000
Arm's length
Tax
Tax year
2026
Current property tax
$479,880
Building
Property type
Industrial/Manufacturing (330)
Building sq. ft.
1,435
Exterior structural material
Lot
Acreage
3.629
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
83 /100.  Very Walkable
Transit score
77 /100.  Excellent Transit
Bike score
49 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 220-262 Passaic Street, Newark, NJ

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

Sales history for 220-262 Passaic Street, Newark, NJ 07104

Sale date Sale price Buyer name Seller name
12/05/1995 $5,500,000

*Most recent sale on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
12/05/1995 - D Deed and Realty Tax Fees

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Property taxes for 220-262 Passaic 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
$479,880
Recent tax assessments
Market value
$12,000,000
Land value
$1,840,500
Building value
$10,159,500

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 $12,000,000 $12,000,000 3.999 $479,880 +5.15%
2024 $12,000,000 $12,000,000 3.803 $456,360 +2.01%
2023 $12,000,000 $12,000,000 3.728 $447,360 -0.21%
2022 $12,000,000 $12,000,000 3.736 $448,320 +0.05%
2021 $12,000,000 $12,000,000 3.734 $448,080 -1.74%
2020 $12,000,000 $12,000,000 3.8 $456,000 +1.04%
2019 $12,000,000 $12,000,000 3.761 $451,320 +161.44%
2018 $4,674,400 $4,674,400 3.693 $172,626 +3.74%
2017 $4,674,400 $4,674,400 3.56 $166,409 +3.49%
2016 $4,674,400 $4,674,400 3.44 $160,799 +3.96%

Permit information for 220-262 Passaic Street, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
52,266
Median age
36.5
Average household income
$74,052
Family households
60.7%
People per household (average)
2.55
Occupied housing units
20,207
Owner-occupied units
28.4%
Median year structure built
1964
Median value mortgaged units
$409,400
Median value unmortgaged units
$265,700

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE, X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 220-262 Passaic Street, Newark, NJ 07104 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 220-262 Passaic Street, Newark, NJ 07104?

The current market value of 220-262 Passaic Street, Newark, NJ 07104 is $12,000,000.

What is the total square footage of 220-262 Passaic Street, Newark, NJ 07104?

220-262 Passaic Street, Newark, NJ 07104 has a total of 1,435 square feet.

What is the price per square foot for this property?

$3,832 per square foot is the price for 220-262 Passaic Street, Newark, NJ 07104.

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