Essex County  »  07105  »  Nichols St  »  48-50 Nichols St

48-50 Nichols Street, Newark, NJ 07105 - Property report

Also known as: 48-50 Nichols St

Property image for 48-50 Nichols Street, Newark, NJ 07105
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Property type

Commercial-Other (100)

Acreage

0.056

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
48-50 Nichols Street
ZIP code
07105
County
Essex
Block
945
Lot
35
Neighborhood
North Ironbound
Municipality
714
Qualifier
Parcel ID
945-35

Owner

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Sales
Sale date
04/01/2025
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$17,996
Building
Property type
Commercial-Other (100)
Building sq. ft.
270
Exterior structural material
Lot
Acreage
0.056
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
82 /100.  Excellent Transit
Bike score
58 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 48-50 Nichols Street, Newark, NJ

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

Sales history for 48-50 Nichols Street, Newark, NJ 07105

Sale date Sale price Buyer name Seller name
04/01/2025 $1 XXXXXX XXXXXXXXX XXXXX XXX XXXX XXXX; XXXXXX XXXXXXXXXX XXXXX XXX
12/04/2018 $425,000 XXXXXX XXXXXXXXXX XXXXX, XXX XXXXXX, XXXXX
03/11/2014 $1 XXXXXX, XXXXX XXXXXX, XXXXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/03/2025 - R
04/01/2025 - D
Deed and Realty Tax Fees XXXX XXXX XXXXXX XXXXXXXXX XXXXX XXX
06/08/2022 - R Mortgage XXXX XXXX XXXXXXXXX XXXXXXX XXX
06/08/2022 - R Mortgage XXXXX XXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXX, XXX XXXXX XXXXXX
12/20/2018 - R
12/04/2018 - D
Deed and Realty Tax Fees XXXXXX, XXXXX XXXXXX XXXXXXXXXX XXXXX, XXX
04/22/2014 - R
03/11/2014 - D
Deed and Realty Tax Fees XXXXXX, XXXXX XXXXXX, XXXXX
10/31/2013 - R
07/09/2013 - D
Deed and Realty Tax Fees XXXXX, XXXXXXX XXXXXX, XXXXX
01/11/2006 - R
10/20/2005 - D
Deed and Realty Tax Fees XXXXX, XXXXXXX & XX XXX XXXXXX, XXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 48-50 Nichols Street, 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
$17,996
Recent tax assessments
Market value
$450,000
Land value
$186,000
Building value
$264,000

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 $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%
2020 $495,400 $495,400 3.8 $18,825 +55.30%
2019 $322,300 $322,300 3.761 $12,122 +1.84%
2018 $322,300 $322,300 3.693 $11,903 +3.74%
2017 $322,300 $322,300 3.56 $11,474 +3.49%
2016 $322,300 $322,300 3.44 $11,087 +3.96%

Permit information for 48-50 Nichols Street, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
57,093
Median age
34.2
Average household income
$76,392
Family households
70.5%
People per household (average)
2.83
Occupied housing units
19,099
Owner-occupied units
15.9%
Median year structure built
1971
Median value mortgaged units
$489,900
Median value unmortgaged units
$457,600

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 48-50 Nichols Street, Newark, NJ 07105 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the total square footage of 48-50 Nichols Street, Newark, NJ 07105?

48-50 Nichols Street, Newark, NJ 07105 has a total of 270 square feet.

When was 48-50 Nichols Street, Newark, NJ 07105 last sold and what was the sale price?

48-50 Nichols Street, Newark, NJ 07105 was last sold on 04/01/2025 for $1.

What is the assessed value of 48-50 Nichols Street, Newark, NJ 07105?

48-50 Nichols Street, Newark, NJ 07105 is currently assessed at $450,000.

What are the property taxes for 48-50 Nichols Street, Newark, NJ 07105?

The property taxes for 48-50 Nichols Street, Newark, NJ 07105 total $17,995.

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