| Primary address | 505-507 Lake Street, Newark |
| Zip code | 07104 |
| County | Essex |
| Municipality | Newark City |
| Block | 633 |
| Lot | 1 |
| Neighborhood | Forest Hill |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 03/21/2019 |
| Sale price | $250,000 |
| Arm's length | Register |
| Current property tax | $0 |
| Building sqft | 2,232 |
| Building class | Other Exempt Properties (15F) |
| Acreage | 0.115 |
| Year built | 1949 |
| Stories | 2 |
| Garage | Unattached |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
505-507 Lake Street, Newark, NJ 07104 was built in 1949 and has a total of 2,232 square feet.
What is the assessed value of 505-507 Lake Street, Newark, NJ 07104 and the property tax paid?Assessed at $439,300, the tax amount paid for 505-507 Lake Street, Newark, NJ 07104 is $17,567.
When was 505-507 Lake Street, Newark, NJ 07104 last sold?505-507 Lake Street, Newark, NJ 07104 was last sold in 01/04/2023.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 505-507 Lake Street, Newark, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 505-507 Lake Street, Newark, NJ 07104. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $17,568 |
| Current property tax | $0 |
| Market value | $439,300 |
Here's the assessment & property tax history for 505-507 Lake 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 | $439,300 | $439,300 | 3.999 | $17,568 | +5.15% |
| 2024 | $439,300 | $439,300 | 3.803 | $16,707 | +127.37% |
| 2023 | $197,100 | $197,100 | 3.728 | $7,348 | -0.21% |
| 2022 | $197,100 | $197,100 | 3.736 | $7,364 | +0.05% |
| 2021 | $197,100 | $197,100 | 3.734 | $7,360 | -1.74% |
Create a free account to unlock extended information for 505-507 Lake Street, 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 |
Access the detailed traffic volume map for 505-507 Lake Street, 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Robert Treat Academy Charter School | 8 | Charter | K-8 | 689 | 0.22 |
| Abington Ave. Elementary School | 4 | Public | PK, K-8 | 837 | 0.39 |
| Abington Ave. Elementary School | 4 | Public | PK, K-8 | 837 | 0.39 |
| St. Francis Xavier School | NR | Private | PK-8 | 151 | 0.42 |
| St. Francis Xavier School | NR | Private | PK-8 | 151 | 0.42 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Robert Treat Academy Charter School | 8 | Charter | K-8 | 689 | 0.22 |
| Abington Ave. Elementary School | 4 | Public | PK, K-8 | 837 | 0.39 |
| St. Francis Xavier School | NR | Private | PK-8 | 151 | 0.42 |
| First Avenue Elementary School | 5 | Public | PK, K-8 | 1,083 | 0.44 |
| Bethel Christian Academy | NR | Private | K-12 | 0 | 0.44 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Bethel Christian Academy | NR | Private | K-12 | 0 | 0.44 |
| Essex Regional School | NR | Public | PK, 5-6, 12 | 0 | 0.66 |
| Christ the King Preparatory School | NR | Private | 9-12 | 0 | 0.67 |
| Christ The King Prepatory School | NR | Private | 9-12 | 210 | 0.68 |
| Newark School Of Fashion & Design | NR | Public | 9 | 156 | 0.68 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 505-507 Lake Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 519-521 Lake St, Newark | 2,419 | 08/22/2022 | |
| 450-452 Parker St, Newark | 4,440 | 08/08/2023 | |
| 513-517 Lake St, Newark | 3,639 | 12/29/2020 | |
| 533-535 Lake St, Newark | 4,572 | 04/15/2010 | $1 |
| 80-84 Berkeley Ave, Newark | 3,072 | 10/23/2024 | |
| 374-376 Highland Ave, Newark | 4,894 | 02/11/2019 | $535,000 |
| 65-71 Abington Ave E, Newark | 3,160 | 07/13/1998 | $200,000 |
| 442-444 Parker St, Newark | 5,199 | 03/24/2005 | $1 |
| 438-440 Parker St, Newark | 4,298 | 04/03/2023 | |
| 509-511 Lake St, Newark | 2,014 | 12/23/1998 | $1 |
| 60-66 Berkeley Ave, Newark | 4,368 | 09/22/1982 | $75,000 |
| 68-74 Berkeley Ave, Newark | 6,990 | 05/28/2015 | $825,000 |
| 365-367 Highland Ave, Newark | 2,348 | 07/22/2024 | |
| 523-525 Lake St, Newark | 2,518 | 08/10/2022 | |
| 527-531 Lake St, Newark | 2,907 | 01/03/2019 | $1 |
| 430-432 Parker St, Newark | 5,236 | 02/05/2020 | $555,000 |
| 434-436 Parker St, Newark | 5,045 | 06/30/2020 | $320,000 |
| 446-448 Parker St, Newark | 3,345 | 05/31/2000 | $180,000 |
| 86-90 Berkeley Ave, Newark | 4,497 | 08/13/2024 | |
| 76-78 Berkeley Ave, Newark | 4,376 | 02/18/2025 |