Essex County  »  07104  »  MT Prospect Ave  »  501-507 MT Prospect Ave

501-507 Mt Prospect Avenue, Newark, NJ 07104 Property Information

501-507 Mt Prospect Avenue, Newark, NJ 07104 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Photo & Map Show Hide

501-507 Mt Prospect Avenue, Newark, NJ 07104
static Mapbox map

Address

Primary address 501-507 Mt Prospect Avenue, Newark
Zip code 07104
County Essex
Municipality Newark City
Block 628
Lot 13
Neighborhood Forest Hill

Sales & Tax Overview for 501-507 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 05/15/2024
Sale price $1
Arm's length
Property tax $79,980

Lot & Building Information for 501-507 Mt Prospect Avenue, Newark

Building class Vacant Land (1)
Acreage 0.738
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now

Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Multifamily Residential (R-HM)
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 501-507 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 501-507 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).
Unlock all property data with a free account.
Sign up

About 501-507 Mt Prospect Avenue, Newark

What is the market value of 501-507 Mt Prospect Avenue, Newark, NJ 07104?

The current market value is $2,000,000.

Ownership Information

View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.

Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Past Sales & Property History for 501-507 Mt Prospect Avenue, Newark

Create a free account to view the complete sales history for 501-507 Mt Prospect Avenue, Newark, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
05/15/2024 $1
02/04/1998 $2,400,000
       
       
       
Access the complete sales history for 501-507 Mt Prospect Avenue, Newark with a free account.
Sign up

Title Documents for 501-507 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.

Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
03/04/2026 - D
03/20/2026 - R
Deed and Realty Tax Fees
07/12/2024 - R Assignment of Mortgage
06/20/2024 - R Mortgage
06/20/2024 - R Mortgage
06/20/2024 - R Mortgage
06/20/2024 - R Mortgage 01/01/2066
05/15/2024 - D
07/05/2024 - R
05/15/2024 - D
06/20/2024 - R
Deed and Realty Tax Fees
05/15/2024 - D
06/20/2024 - R
Deed No Consideration
05/15/2024 - D
06/20/2024 - R
Deed No Consideration
Unlock title documents, including buyer and seller information (when available).
Sign up

R: Recorded date
D: Document date

Property Taxes for 501-507 Mt Prospect Avenue, Newark

Access detailed property tax data for 501-507 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 $79,980
Market value $2,000,000

Assessment History for 501-507 Mt Prospect Avenue, Newark

Here's the assessment & property tax history for 501-507 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 $2,000,000 $2,000,000 3.999 $79,980 +5.15%
2024 $2,000,000 $2,000,000 3.803 $76,060 -72.67%
2023 $7,466,200 $7,466,200 3.728 $278,340 -0.21%
2022 $7,466,200 $7,466,200 3.736 $278,937 +0.05%
2021 $7,466,200 $7,466,200 3.734 $278,788 -1.74%

Risk

Create a free account to unlock extended information for 501-507 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

Transportation

Access the detailed traffic volume map for 501-507 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

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Bethel Christian Academy NR Private K-12 0 0.22
Robert Treat Academy Charter School 8 Charter K-8 689 0.29
Maria L. Varisco-Rogers Charter School 6 Charter K-8 569 0.41
Luis Munoz Marin Ele 4 Public PK, K-8 826 0.47
Luis Munoz Marin Ele 4 Public PK, K-8 826 0.47

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Bethel Christian Academy NR Private K-12 0 0.22
Robert Treat Academy Charter School 8 Charter K-8 689 0.29
Maria L. Varisco-Rogers Charter School 6 Charter K-8 569 0.41
Newark School Of Fashion & Design NR Public 9 156 0.43
Luis Munoz Marin Ele 4 Public PK, K-8 826 0.47

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Bethel Christian Academy NR Private K-12 0 0.22
Christ The King Prepatory School NR Private 9-12 210 0.43
Newark School Of Fashion & Design NR Public 9 156 0.43
Christ the King Preparatory School NR Private 9-12 0 0.43
Technology High School 8 Public 9-12 665 0.78

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 501-507 Mt Prospect Avenue, Newark

Here are the neighbors for 501-507 Mt Prospect Avenue, Newark.

Address Square feet Purchase date Purchase price
485-491 MT Prospect Ave, Newark 5,560 12/12/2019 $1
469-475 MT Prospect Ave, Newark 10/29/1996 $330,000
441-443 MT Prospect Ave, Newark 07/14/2010 $1
19-25 Abington Ave E, Newark 3,396 03/29/1994 $200,000
505-507 Clifton Ave, Newark 3,408 05/08/2014 $445,000
515-519 Clifton Ave, Newark 6,750 06/28/2018 $280,000
453-455 MT Prospect Ave, Newark 12/21/1990 $105,000
457-459 MT Prospect Ave, Newark 12/21/1990 $115,000
434-462 MT Prospect Ave, Newark 1,430 01/04/2024 $1
509-513 Clifton Ave, Newark 4,022 03/26/2018 $475,000
461 MT Prospect Ave, Newark 6,295 04/28/1999
472-474 MT Prospect Ave, Newark 5,517 03/22/2004 $300,000
464-466 MT Prospect Ave, Newark 4,290 01/02/2001 $157,000
501-503 Clifton Ave, Newark 3,641 02/20/2026
493-499 MT Prospect Ave, Newark 12/20/2021 $14,000,000
27-31 Abington Ave E, Newark 5,342 07/11/2008 $520,000
509-519 MT Prospect Ave, Newark 11/04/2019 $100
477-483 MT Prospect Ave, Newark 840 04/27/2021 $880,000
449-451 MT Prospect Ave, Newark 840 02/28/2013 $2,800,000
445-447 MT Prospect Ave, Newark 840 02/28/2013 $2,800,000

Nearby ZIP Codes for 501-507 Mt Prospect Avenue, Newark

Not sure if we cover all the data-points you need? View sample full report View sample full report