Essex County  »  07104  »  Lake St  »  225 Lake St

225 Lake Street, Newark, NJ 07104 - Property report

Also known as: 225 Lake St

Property image for 225 Lake Street, Newark, NJ 07104
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Property type

Apartment-Other (029)

Acreage

0.071

Sale price

$600,000

General information

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Address
Primary address
225 Lake Street
ZIP code
07104
County
Essex
Block
506
Lot
55
Neighborhood
Seventh Avenue
Municipality
714
Qualifier
Parcel ID
506-55

Owner

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Sales
Sale date
05/15/2017
Sale price
$600,000
Arm's length
Tax
Tax year
2026
Current property tax
$21,567
Building
Property type
Apartment-Other (029)
Exterior structural material
Lot
Acreage
0.071
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 225 Lake Street, Newark, NJ

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

Sales history for 225 Lake Street, Newark, NJ 07104

Sale date Sale price Buyer name Seller name
05/15/2017 $600,000 XXX XXXX XXX XXXX XXXX XXXXXXXXXX,XXX
06/14/2007 $1 XXXX XXXX XXXXXXXXXX, XXX XXXXXXX, XXXXXX & XXXXX
06/17/2004 $645,000 XXXXXXX, XXXXXX & XXXXX XXX XXXX XXXXXX XXXXXX XXXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/12/2022 - R Mortgage XXX XXXX XX XXX XXXXX XXXXXXX XXXX
05/12/2022 - R Mortgage XXX XXXX XX XXX XXXXX XXXXXXX XXXX
05/26/2017 - R
05/15/2017 - D
Deed and Realty Tax Fees XXXX XXXX XXXXXXXXXX,XXX XXX XXXX XXX
07/13/2007 - R
06/14/2007 - D
Deed and Realty Tax Fees XXXXXXX, XXXXXX & XXXXX XXXX XXXX XXXXXXXXXX, XXX
08/26/2004 - R
06/17/2004 - D
Deed and Realty Tax Fees XXX XXXX XXXXXX XXXXXX XXXX XXXXXXX, XXXXXX & XXXXX
09/24/1996 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 225 Lake 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
$21,567
Recent tax assessments
Market value
$539,300
Land value
$180,000
Building value
$359,300

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 $539,300 $539,300 3.999 $21,567 +5.15%
2024 $539,300 $539,300 3.803 $20,510 +2.01%
2023 $539,300 $539,300 3.728 $20,105 -0.21%
2022 $539,300 $539,300 3.736 $20,148 +0.05%
2021 $539,300 $539,300 3.734 $20,137 -1.74%
2020 $539,300 $539,300 3.8 $20,493 +1.04%
2019 $539,300 $539,300 3.761 $20,283 +1.84%
2018 $539,300 $539,300 3.693 $19,916 +3.74%
2017 $539,300 $539,300 3.56 $19,199 +3.49%
2016 $539,300 $539,300 3.44 $18,552 +3.96%

Permit information for 225 Lake 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
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 225 Lake 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

When was 225 Lake Street, Newark, NJ 07104 last sold and what was the sale price?

225 Lake Street, Newark, NJ 07104 was last sold on 05/15/2017 for $600,000.

What is the assessed value of 225 Lake Street, Newark, NJ 07104?

225 Lake Street, Newark, NJ 07104 is currently assessed at $539,300.

What are the property taxes for 225 Lake Street, Newark, NJ 07104?

The property taxes for 225 Lake Street, Newark, NJ 07104 total $21,566.

How many residential units does this building have?

This building has 9 residential unit(s).

Disclaimer

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