Essex County  »  07104  »  MT Prospect Ave  »  540-546 MT Prospect Ave

540-546 Mt Prospect Avenue, Newark, NJ 07104 - Property report

Also known as: 540-546 MT Prospect Ave

Property image for 540-546 Mt Prospect Avenue, Newark, NJ 07104
static Mapbox map

Property type

Commercial-Mixed Use (101)

Acreage

0.339

Sale price

$1

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
540-546 Mt Prospect Avenue
ZIP code
07104
County
Essex
Block
683
Lot
23
Neighborhood
Forest Hill
Municipality
714
Qualifier
Parcel ID
683-23

Owner

Find out who owns 540-546 Mt Prospect Avenue, Newark, NJ 07104. Uncover corporate and individual owners with a free account.

Sales
Sale date
02/27/2020
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$18,159
Building
Property type
Commercial-Mixed Use (101)
Stories
3
Exterior structural material
Lot
Acreage
0.339
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
70 /100.  Somewhat Walkable
Transit score
66 /100.  Good Transit
Bike score
48 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 540-546 Mt Prospect Avenue, Newark, NJ

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

Sales history for 540-546 Mt Prospect Avenue, Newark, NJ 07104

Sale date Sale price Buyer name Seller name
02/27/2020 $1 XXX XXXXX, XXX XXX XXXXX, XXX
01/21/2014 $1 XXX XXXXX XXX XXX XXXXXXXX XXXXX X
12/14/2012 $125,000 XXX XXXXX XXX XXXXXXX XXXX XXXXXXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/21/2022 - R Mortgage XXX XXXXX XXX XXXXXXX XXXX
01/21/2022 - R Mortgage XXX XXXXX XXX XXXXXXX XXXX
03/06/2020 - R
02/27/2020 - D
Deed and Realty Tax Fees XXX XXXXX, XXX XXX XXXXX, XXX
02/07/2014 - R
01/21/2014 - D
Deed and Realty Tax Fees XXX XXXXXXXX XXXXX X XXX XXXXX XXX
12/19/2012 - R
12/14/2012 - D
Deed and Realty Tax Fees XXXXXXX XXXX XXXXXXX XXX XXXXX XXX
06/06/2012 - R
01/24/2012 - D
Deed and Realty Tax Fees XXXXXXX, XXXX & XXXXXX XXXXXXX XXXX XXXXXXX
07/07/2006 - R
06/30/2006 - D
Deed and Realty Tax Fees XX XXXXXX XXXXXXXXXX XXX XXXXXXX, XXXX & XXXXXX
12/01/2004 - R
10/29/2004 - D
Deed and Realty Tax Fees XXXXXXX, XXXXXX X. & XXXXXXX XX XXXXXX XXXXXXXXXX XXX
05/17/1996 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 540-546 Mt Prospect Avenue, 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
$18,159
Recent tax assessments
Market value
$454,100
Land value
$52,100
Building value
$402,000

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 $454,100 $454,100 3.999 $18,159 +5.15%
2024 $454,100 $454,100 3.803 $17,269 +2.01%
2023 $454,100 $454,100 3.728 $16,929 -0.21%
2022 $454,100 $454,100 3.736 $16,965 +0.05%
2021 $454,100 $454,100 3.734 $16,956 -1.74%
2020 $454,100 $454,100 3.8 $17,256 -12.61%
2019 $525,000 $525,000 3.761 $19,745 +1.84%
2018 $525,000 $525,000 3.693 $19,388 +3.74%
2017 $525,000 $525,000 3.56 $18,690 +3.49%
2016 $525,000 $525,000 3.44 $18,060 +3.96%

Permit information for 540-546 Mt Prospect Avenue, 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 540-546 Mt Prospect Avenue, 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 540-546 Mt Prospect Avenue, Newark, NJ 07104 last sold and what was the sale price?

540-546 Mt Prospect Avenue, Newark, NJ 07104 was last sold on 02/27/2020 for $1.

What is the assessed value of 540-546 Mt Prospect Avenue, Newark, NJ 07104?

540-546 Mt Prospect Avenue, Newark, NJ 07104 is currently assessed at $454,100.

What are the property taxes for 540-546 Mt Prospect Avenue, Newark, NJ 07104?

The property taxes for 540-546 Mt Prospect Avenue, Newark, NJ 07104 total $18,159.

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