| Primary address | 324-342 Thomas Street, Newark |
| Zip code | 07114 |
| County | Essex |
| Municipality | Newark City |
| Block | 1147.01 |
| Lot | 15 |
| Neighborhood | South Ironbound |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 11/20/1989 |
| Sale price | $950,000 |
| Arm's length | Register |
| Property tax | $85,079 |
| Building sqft | 48,218 |
| Building class | Industrial-Other (331) |
| Acreage | 1.75 |
| 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:
This Industrial-Other (331) located at 324-342 Thomas Street, Newark, NJ 07114 has a total of 48,218 square feet.
What is the market value of 324-342 Thomas Street, Newark, NJ 07114?The current market value is $2,127,500.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 12/01/2025 |
| Last updated | 05/13/2026 |
0.6 Miles to US Highway 1 & 9 1.6 Miles to Newark Penn Station 1.9 Miles to I-95 Exit 14±48,797 SF Industrial Opportunity for Sale or Lease±48,797 SF Industrial Opportunity for Sale or Lease
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| ±48,797 SF Industrial Opportunity | Industrial | $16/Sqft/Year | 48,797 | Jason M. Crimmins |
| Listing type | For Sale |
|---|---|
| Listing date | 02/27/2026 |
| Last updated | 05/13/2026 |
0.6 Miles to US Highway 1 & 9 1.6 Miles to Newark Penn Station 1.9 Miles to I-95 Exit 14±48,797 SF Industrial Opportunity for Sale or Lease±48,797 SF Industrial Opportunity for Sale or Lease
Create a free account to view the complete sales history for 324-342 Thomas Street, Newark, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 11/20/1989 | $950,000 | Register | Register |
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 324-342 Thomas Street, Newark, NJ 07114. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $85,079 |
| Market value | $2,127,500 |
Here's the assessment & property tax history for 324-342 Thomas 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 | $2,127,500 | $2,127,500 | 3.999 | $85,079 | +5.15% |
| 2024 | $2,127,500 | $2,127,500 | 3.803 | $80,909 | +2.01% |
| 2023 | $2,127,500 | $2,127,500 | 3.728 | $79,313 | -0.21% |
| 2022 | $2,127,500 | $2,127,500 | 3.736 | $79,483 | +0.05% |
| 2021 | $2,127,500 | $2,127,500 | 3.734 | $79,441 | -1.74% |
| Total population | 13,670 |
| Median age | 35.7 |
| Average household income | $58,546 |
| Family households | 55.2% |
| Occupied housing units | 4,401 |
| Owner occupied units | 20.3% |
| Average number of people per household | 2.39 |
| Median year structure built | 1971 |
| Median value for units with a mortgage | $424,000 |
| Median value for units without a mortgage | $0 |
Create a free account to unlock extended information for 324-342 Thomas 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 324-342 Thomas 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 |
Here are the neighbors for 324-342 Thomas Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 411-417 Adams St, Newark | 09/20/2019 | $1,300,000 | |
| 442-450 Jefferson St, Newark | 12/21/2018 | $1 | |
| 437-441 Adams St, Newark | 12/23/2020 | ||
| 308-322 Thomas St, Newark | 32,975 | 07/10/2025 | |
| 294-306 Thomas St, Newark | 11/16/2022 | ||
| 427-431 Adams St, Newark | 11,063 | 01/24/1992 | $155,000 |
| 255-259 South St, Newark | 16,916 | 03/16/2021 | |
| 274-292 Thomas St, Newark | 01/18/2024 | ||
| 433-435 Adams St, Newark | 04/03/2026 | ||
| 234-252 Pacific St, Newark | 05/28/2009 | $3,500,000 | |
| 344-356 Thomas St, Newark | 07/02/2008 | $3,650,000 | |
| 368-370 Thomas St, Newark | 9,928 | 05/03/2018 | $10 |
| 403-409 Adams St, Newark | 11/22/2013 | $800,000 | |
| 358-366 Thomas St, Newark | 05/03/2018 | $10 | |
| 419-425 Adams St, Newark | 06/16/2022 | $1 | |
| 302-324 Astor St, Newark | 11/12/2015 | $1 | |
| 452-454 Jefferson St, Newark | 28,745 | 04/03/2026 | |
| 367-369 Jefferson St, Newark | 6,771 | 07/28/2009 | $1 |
| 265-269 South St, Newark | 29,996 | 01/26/1981 | $42,000 |
| 261-263 South St, Newark | 10,984 | 12/21/2015 | $1 |