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393-397 New Street, Newark, NJ 07103 Property Information

393-397 New Street, Newark, NJ 07103 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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393-397 New Street, Newark, NJ 07103
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Address

Primary address 393-397 New Street, Newark
Zip code 07103
County Essex
Municipality Newark City
Block 1839
Lot 24
Neighborhood University Heights

Sales & Tax Overview for 393-397 New Street, Newark

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

Sale date 05/03/2021
Sale price $2,200,000
Arm's length
Property tax $24,030

Lot & Building Information for 393-397 New Street, Newark

Building class Commercial-Other (100)
Acreage 0.237
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 393-397 New Street, Newark

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About 393-397 New Street, Newark

What is the assessed value of 393-397 New Street, Newark, NJ 07103 and the property tax paid?

Assessed at $600,900, the tax amount paid for 393-397 New Street, Newark, NJ 07103 is $24,029.

When was 393-397 New Street, Newark, NJ 07103 last sold and what was the last sale price?

393-397 New Street, Newark, NJ 07103 was last sold in 05/03/2021 for $2,200,000.

Ownership Information

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Past Sales & Property History for 393-397 New Street, Newark

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Purchase date Purchase price Buyer name Seller name
05/03/2021 $2,200,000
01/30/2002 $1
       
       
       
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Title Documents for 393-397 New Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
05/24/2021 - R
05/03/2021 - D
Deed and Realty Tax Fees
01/30/2002 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 393-397 New Street, Newark

Access detailed property tax data for 393-397 New Street, Newark, NJ 07103. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $24,030
Market value $600,900

Assessment History for 393-397 New Street, Newark

Here's the assessment & property tax history for 393-397 New 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 $600,900 $600,900 3.999 $24,030 +5.15%
2024 $600,900 $600,900 3.803 $22,852 +2.01%
2023 $600,900 $600,900 3.728 $22,402 -0.21%
2022 $600,900 $600,900 3.736 $22,450 +0.05%
2021 $600,900 $600,900 3.734 $22,438 -1.74%

Demographics by Zip Code

Total population 37,293
Median age 32.4
Average household income $67,765
Family households 59.4%
Occupied housing units 12,878
Owner occupied units 24.6%
People per household (average) 2.62
Median year structure built 1989
Median value for units with a mortgage $319,800
Median value for units without a mortgage $314,800

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 393-397 New 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 393-397 New Street, Newark

Here are the neighbors for 393-397 New Street, Newark.

Address Square feet Purchase date Purchase price
399 New St, Newark 4,614 06/14/2011 $142,850
403 New St, Newark 6,200 08/16/2006 $499,900
407 New St, Newark 04/29/2026
53 Morris Ave, Newark 10/02/2020 $10
370 Central Ave, Newark 623 05/10/2019 $360,000
386 Central Ave, Newark 623 12/01/2025
378 Central Ave, Newark 623 12/01/2025
380-382 Central Ave, Newark 7,386 12/01/2025
384 Central Ave, Newark 623 12/01/2025
401 New St, Newark 999 02/03/2023
17-21 1st St, South Orange 04/29/2026
402-406 Central Ave, Newark 01/11/2006 $595,000
32 1st St, Newark 10/01/2001 $1
405 New St, Newark 1,512 04/11/1986 $10,000
47-51 Morris Ave, Newark 10/02/2020 $10
372-376 Central Ave, Newark 623 05/10/2019 $360,000
23-27 1st St, Newark 04/29/2026
408-416 Central Ave, Newark 35,002 11/02/2021 $3,150,000
55 Morris Ave, Newark 2,960 03/04/1982 $5,500
57 Morris Ave, Newark 05/03/2021 $2,200,000

Nearby ZIP Codes for 393-397 New Street, Newark

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