48-50 Nichols Street, Newark, NJ 07105 Property Information
48-50 Nichols Street, Newark, NJ 07105 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 48-50 Nichols Street, Newark |
| Zip code | 07105 |
| County | Essex |
| Municipality | Newark City |
| Block | 945 |
| Lot | 35 |
| Neighborhood | North Ironbound |
Sales & Tax Overview for 48-50 Nichols Street, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 04/01/2025 |
| Sale price | $1 |
| Arm's length | Register |
| Property tax | $17,996 |
Lot & Building Information for 48-50 Nichols Street, Newark
| Building sqft | 270 |
| Building class | Apartment-Other (029) |
| Acreage | 0.056 |
| Units | 4 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
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Other Property Data for 48-50 Nichols Street, Newark
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About 48-50 Nichols Street, Newark
This Apartment-Other (029) located at 48-50 Nichols Street, Newark, NJ 07105 has a total of 270 square feet.
What is the assessed value of 48-50 Nichols Street, Newark, NJ 07105 and the property tax paid?Assessed at $450,000, the tax amount paid for 48-50 Nichols Street, Newark, NJ 07105 is $17,995.
When was 48-50 Nichols Street, Newark, NJ 07105 last sold and what was the last sale price?48-50 Nichols Street, Newark, NJ 07105 was last sold in 04/01/2025 for $1.
How many residential units does this building have?This building has 4 residential unit(s).
Ownership Information
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Past Sales & Property History for 48-50 Nichols Street, Newark
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*Here are the three most recent sales for this property.
Title Documents for 48-50 Nichols Street, Newark
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R: Recorded date
D: Document date
Property Taxes for 48-50 Nichols Street, Newark
Access detailed property tax data for 48-50 Nichols Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $17,996 |
| Market value | $450,000 |
Assessment History for 48-50 Nichols Street, Newark
Here's the assessment & property tax history for 48-50 Nichols 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 | $450,000 | $450,000 | 3.999 | $17,996 | +5.15% |
| 2024 | $450,000 | $450,000 | 3.803 | $17,114 | +2.01% |
| 2023 | $450,000 | $450,000 | 3.728 | $16,776 | -9.36% |
| 2022 | $495,400 | $495,400 | 3.736 | $18,508 | +0.05% |
| 2021 | $495,400 | $495,400 | 3.734 | $18,498 | -1.74% |
Demographics by Zip Code
| Total population | 57,093 |
| Median age | 34.2 |
| Average household income | $76,392 |
| Family households | 70.5% |
| Occupied housing units | 19,099 |
| Owner occupied units | 15.9% |
| Average number of people per household | 2.83 |
| Median year structure built | 1971 |
| Median value for units with a mortgage | $489,900 |
| Median value for units without a mortgage | $457,600 |
Risk
Create a free account to unlock extended information for 48-50 Nichols 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 |
Transportation
Access the detailed traffic volume map for 48-50 Nichols 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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Neighbors for 48-50 Nichols Street, Newark
Here are the neighbors for 48-50 Nichols Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 238 E Kinney St, Newark | 1,344 | 06/19/2017 | $1 |
| 42 Nichols St, Newark | 1,320 | 07/13/2013 | $1 |
| 38-40 Nichols St, Newark | 2,728 | 10/30/2023 | |
| 30 Nichols St, Newark | 3,396 | 12/01/2021 | |
| 244 E Kinney St, Newark | 3,584 | 12/19/2019 | $684,000 |
| 212 E Kinney St, Newark | 1,320 | 04/25/2023 | |
| 46 Nichols St, Newark | 04/01/2025 | $1 | |
| 236 E Kinney St, Newark | 3,458 | 03/12/2021 | |
| 232 E Kinney St, Newark | 1,417 | 09/15/2025 | |
| 28 Nichols St, Newark | 5,040 | 05/07/2008 | $1 |
| 227-231 Jefferson St, Newark | 270 | 03/31/2025 | $1 |
| 240 E Kinney St, Newark | 1,020 | 04/16/2026 | |
| 234 E Kinney St, Newark | 2,762 | 03/15/2023 | |
| 32 Nichols St, Newark | 2,405 | 07/26/2020 | $507,000 |
| 26 Nichols St, Newark | 3,416 | 04/29/1991 | $155,000 |
| 34 Nichols St, Newark | 1,342 | 09/19/2013 | $135,000 |
| 228 E Kinney St, Newark | 2,496 | 12/29/1987 | |
| 36 Nichols St, Newark | 1,566 | 04/09/1979 | $50,000 |
| 242 E Kinney St, Newark | 2,384 | 12/27/2022 | |
| 44 Nichols St, Newark | 1,320 | 11/03/2025 |