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56 South Street, Newark, NJ 07102 Property Information

56 South Street, Newark, NJ 07102 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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56 South Street, Newark, NJ 07102
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Address

Primary address 56 South Street, Newark
Zip code 07102
County Essex
Municipality Newark City
Block 897
Lot 27
Neighborhood Lincoln Park

Sales & Tax Overview for 56 South Street, Newark

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 11/30/2023
Sale price $1
Arm's length
Property tax $6,362

Lot & Building Information for 56 South Street, Newark

Building sqft 3,954
Building class Residential (2)
Acreage 0.062
Year built 1882
Stories 2
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Multifamily Residential (R-LM)
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 56 South Street, Newark

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About 56 South Street, Newark

What is the year built & the total sq. ft. for 56 South Street, Newark, NJ 07102?

56 South Street, Newark, NJ 07102 was built in 1882 and has a total of 3,954 square feet.

What is the assessed value of 56 South Street, Newark, NJ 07102 and the property tax paid?

Assessed at $159,100, the tax amount paid for 56 South Street, Newark, NJ 07102 is $6,362.

When was 56 South Street, Newark, NJ 07102 last sold and what was the last sale price?

56 South Street, Newark, NJ 07102 was last sold in 11/30/2023 for $1.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
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Past Sales & Property History for 56 South Street, Newark

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Purchase date Purchase price Buyer name Seller name
11/30/2023 $1
01/23/2006 $1
10/26/1987 $25,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 56 South Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
11/30/2023 - R Deed and Realty Tax Fees
08/25/2021 - R Mortgage 08/01/2022
08/25/2021 - R Deed and Realty Tax Fees
01/24/2006 - R
01/23/2006 - D
Deed and Realty Tax Fees
10/26/1987 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 56 South Street, Newark

Access detailed property tax data for 56 South Street, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $6,362
Market value $159,100

Assessment History for 56 South Street, Newark

Here's the assessment & property tax history for 56 South 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 $159,100 $159,100 3.999 $6,362 +5.15%
2024 $159,100 $159,100 3.803 $6,051 +2.01%
2023 $159,100 $159,100 3.728 $5,931 -0.21%
2022 $159,100 $159,100 3.736 $5,944 +0.05%
2021 $159,100 $159,100 3.734 $5,941 -1.74%

Risk

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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 56 South Street, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Link Community Charter School 6 Charter K-1, 5-8 339 0.15
Newark Boys Chorus School NR Private 3-8 47 0.28
United Academy NR Private PK, K-8 0 0.30
United Academy NR Private PK, K-8 0 0.30
South Street Elementary School 4 Public PK, K-8 864 0.31

Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Link Community Charter School 6 Charter K-1, 5-8 339 0.15
Newark Boys Chorus School NR Private 3-8 47 0.28
United Academy NR Private PK, K-8 0 0.30
South Street Elementary School 4 Public PK, K-8 864 0.31
Oliver Street Elementary School 6 Public PK, K-8 1,045 0.39

Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.58
St. James Preparatory School NR Private 8-12 0 0.62
American History High School 1 Public 9-12 373 0.66
Arts High School 3 Public 9-12 593 0.69
St. Benedict's Preparatory School NR Private K-12 749 0.81

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

Neighbors for 56 South Street, Newark

Here are the neighbors for 56 South Street, Newark.

Address Square feet Purchase date Purchase price
1108 Mayor Gibson, Newark 855 08/05/2010 $400,000
1094-1096 Mayor Gibson, Newark 10,804 08/27/1980 $7,000
41 South St, Newark 4,928 06/04/2019 $1
47-49 South St, Newark 5,391 08/12/2022
51 South St, Newark 5,391 02/15/2002 $325,000
180 Orchard St, Newark 5,388 09/11/1979 $20,000
73 South St, Newark 2,670 06/15/1999 $185,000
1106 Mayor Gibson, Newark 855 01/29/2016 $1
1098-1102 Mayor Gibson, Newark 855 04/15/2019 $1
453-459 McCarter Hwy, Newark 11/16/1994 $135,000
43 South St, Newark 5,391 05/20/2010 $278,600
174-176 Orchard St, Newark 900 09/30/1980
75 South St, Newark 11/16/1994 $135,000
71 South St, Newark 2,724 05/06/2002 $169,000
1104 Mayor Gibson, Newark 855 01/29/2016 $1
37-39 South St, Newark 855 02/17/2010 $200,000
69 South St, Newark 5,877 02/16/2021
178 Orchard St, Newark 900 08/28/1996
101 Thomas St, Newark 2,178 06/21/2018 $150,000
77 South St, Newark 11/16/1994 $135,000

Nearby ZIP Codes for 56 South Street, Newark

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