40-42 Mt Prospect Avenue, Newark, NJ 07104 Property Information
40-42 Mt Prospect Avenue, Newark, NJ 07104 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 40-42 Mt Prospect Avenue, Newark |
| Zip code | 07104 |
| County | Essex |
| Municipality | Newark City |
| Block | 472 |
| Lot | 11 |
| Neighborhood | Seventh Avenue |
Sales & Tax Overview for 40-42 Mt Prospect Avenue, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/15/2003 |
| Sale price | $365,000 |
| Arm's length | Register |
| Property tax | $11,925 |
Lot & Building Information for 40-42 Mt Prospect Avenue, Newark
| Building class | Apartment-Other (029) |
| Acreage | 0.096 |
| Year built | 1900 |
| Units | 6 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 40-42 Mt Prospect Avenue, Newark
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
- • Improvements for 40-42 Mt Prospect Avenue, Newark , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
Sign up
About 40-42 Mt Prospect Avenue, Newark
40-42 Mt Prospect Avenue, Newark, NJ 07104 was built in 1900.
What is the assessed value of 40-42 Mt Prospect Avenue, Newark, NJ 07104 and the property tax paid?Assessed at $298,200, the tax amount paid for 40-42 Mt Prospect Avenue, Newark, NJ 07104 is $11,925.
When was 40-42 Mt Prospect Avenue, Newark, NJ 07104 last sold and what was the last sale price?40-42 Mt Prospect Avenue, Newark, NJ 07104 was last sold in 05/15/2003 for $365,000.
How many residential units does this building have?This building has 6 residential unit(s).
Ownership Information
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Past Sales & Property History for 40-42 Mt Prospect Avenue, Newark
Create a free account to view the complete sales history for 40-42 Mt Prospect Avenue, Newark, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 05/15/2003 | $365,000 | Register | Register |
Title Documents for 40-42 Mt Prospect Avenue, Newark
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
Sign up
R: Recorded date
D: Document date
Property Taxes for 40-42 Mt Prospect Avenue, Newark
Access detailed property tax data for 40-42 Mt Prospect Avenue, Newark, NJ 07104. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $11,925 |
| Market value | $298,200 |
Assessment History for 40-42 Mt Prospect Avenue, Newark
Here's the assessment & property tax history for 40-42 Mt Prospect 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 | $298,200 | $298,200 | 3.999 | $11,925 | +5.15% |
| 2024 | $298,200 | $298,200 | 3.803 | $11,341 | +2.01% |
| 2023 | $298,200 | $298,200 | 3.728 | $11,117 | -0.21% |
| 2022 | $298,200 | $298,200 | 3.736 | $11,141 | +0.05% |
| 2021 | $298,200 | $298,200 | 3.734 | $11,135 | -1.74% |
Demographics by Zip Code
| Total population | 52,266 |
| Median age | 36.5 |
| Average household income | $74,052 |
| Family households | 60.7% |
| Occupied housing units | 20,207 |
| Owner occupied units | 28.4% |
| Average number of people per household | 2.55 |
| Median year structure built | 1964 |
| Median value for units with a mortgage | $409,400 |
| Median value for units without a mortgage | $265,700 |
Risk
Create a free account to unlock extended information for 40-42 Mt Prospect Avenue, Newark, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 40-42 Mt Prospect 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 40-42 Mt Prospect Avenue, Newark
Here are the neighbors for 40-42 Mt Prospect Avenue, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 30 MT Prospect Ave, Newark | 2,056 | 06/29/2020 | $350,000 |
| 10-14 Amity Pl, Newark | 06/23/2006 | $250,000 | |
| 1-39 Ruggiero Pl, Newark | 302 | ||
| 38 MT Prospect Ave, Newark | 3,382 | 06/16/1995 | $50,000 |
| 36 MT Prospect Ave, Newark | 3,804 | 11/20/2003 | $140,000 |
| 32 MT Prospect Ave, Newark | 3,183 | 12/19/2001 | $129,000 |
| 122-136 7th Ave, Newark | |||
| 50 Parker St, Newark | |||
| 1-27 Colonnade Pl, Newark | 09/28/2023 | $10 | |
| 26 MT Prospect Ave, Newark | 1,768 | 01/08/2014 | $230,000 |
| 20 MT Prospect Ave, Newark | 2,160 | 03/16/2021 | |
| 18 MT Prospect Ave, Newark | 2,170 | 10/25/2010 | $157,900 |
| 48-66 MT Prospect Ave, Newark | |||
| 24 Clifton Ave, Newark | 302 | ||
| 44-46 MT Prospect Ave, Newark | |||
| 28 MT Prospect Ave, Newark | 04/15/1981 | $26,000 | |
| 22-24 MT Prospect Ave, Newark | 2,168 | 08/06/2024 | |
| 42 MT Prospect Ave, Newark | 05/15/2003 | $365,000 | |
| 34 MT Prospect Ave, Newark | 1,836 | 01/13/2022 | |
| 23-59 Clifton Ave, Newark | 03/11/2025 |