Essex County  »  07103  »  Central Ave  »  387 Central Ave

387 Central Avenue, Newark, NJ 07103 - Property report

Also known as: 387 Central Ave

Property image for 387 Central Avenue, Newark, NJ 07103
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Property type

Apartment-Other (029)

Acreage

0.057

Sale price

$1,900,000

General information

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Address
Primary address
387 Central Avenue
ZIP code
07103
County
Essex
Block
1845
Lot
9
Neighborhood
University Heights
Municipality
714
Parcel ID
1845-9

Owner

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Sales
Sale date
02/05/2004
Sale price
$1,900,000
Arm's length
Tax
Tax year
2026
Building
Property type
Apartment-Other (029)
Building sq. ft.
914
Exterior structural material
Lot
Acreage
0.057
Zoning & Use
Zoning

Area overview

Walk score
87 /100.  Very Walkable
Transit score
74 /100.  Excellent Transit
Bike score
62 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 387 Central Avenue, Newark, NJ

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

Sales history for 387 Central Avenue, Newark, NJ 07103

Sale date Sale price Buyer name Seller name
02/05/2004 $1,900,000
03/14/2001 $1,620,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
02/05/2004 - D Deed and Realty Tax Fees
03/14/2001 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 387 Central Avenue, Newark, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$1,612
Recent tax assessments
Market value
$40,300
Land value
$31,300
Building value
$9,000

More about Essex County property taxes

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 $40,300 $40,300 3.999 $1,612 +5.15%
2024 $40,300 $40,300 3.803 $1,533 +2.01%
2023 $40,300 $40,300 3.728 $1,502 -0.21%
2022 $40,300 $40,300 3.736 $1,506 +0.05%
2021 $40,300 $40,300 3.734 $1,505 -1.74%
2020 $40,300 $40,300 3.8 $1,531 +1.04%
2019 $40,300 $40,300 3.761 $1,516 +1.84%
2018 $40,300 $40,300 3.693 $1,488 +3.74%
2017 $40,300 $40,300 3.56 $1,435 +3.49%
2016 $40,300 $40,300 3.44 $1,386 +3.96%
Permits

Permit information for 387 Central Avenue, Newark, NJ

No recently recorded permits for this property.

Neighborhood

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 387 Central Avenue, Newark, NJ 07103 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Philip's Academy Charter School 6 Charter PK, K-8 639 0.11
Philip's Academy Charter School 6 Charter PK, K-8 639 0.11
Newark Christian School NR Private K-8 78 0.18
Bethany Christian Academy NR Private PK, K-4 0 0.21
Bethany Christian Academy NR Private PK, K-4 0 0.21
Sussex Avenue Elementary School 1 Public PK, K-8 513 0.23
Sussex Avenue Elementary School 1 Public PK, K-8 513 0.23
Provision of Promise Academy NR Private PK, K-8 0 0.27
Provision of Promise Academy NR Private PK, K-8 0 0.27
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.38
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Philip's Academy Charter School 6 Charter PK, K-8 639 0.11
Essex Co JDC NR Public 7-12 0 0.15
Newark Christian School NR Private K-8 78 0.18
Sussex Avenue Elementary School 1 Public PK, K-8 513 0.23
Provision of Promise Academy NR Private PK, K-8 0 0.27
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.38
Dr. E. Alma Flagg Elementary School 2 Public PK, K-8 516 0.43
Science High School 8 Public 7-12 938 0.52
New Testament Church School NR Private PK-12 27 0.52
Torchlight Educational Academy & Tutoring Center NR Private K-8 36 0.55
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Essex Co JDC NR Public 7-12 0 0.15
Essex Rgc NR Public 9-11 0 0.22
St. Vincent Academy NR Private 9-12 249 0.29
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.38
Essex County Vocational School 6 Public 9-12 1,154 0.46
Science High School 8 Public 7-12 938 0.52
New Testament Church School NR Private PK-12 27 0.52
Essex County Newark Tech 5 Public 9-12 519 0.58
Clara Muhammad School NR Private 8 0.64
Newark Evening High School NR Public 0 0.66

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 387 Central Avenue, Newark, NJ

373-375 Central Ave, Newark 393-397 Central Ave, Newark 450-470 Central Ave, Newark 381 Central Ave, Newark 383 Central Ave, Newark 80 Dickerson St, Newark 3-7 Fairmount Ave, Newark 389 Central Ave, Newark 17 Fairmount Ave, Newark 51 1st St, Newark 55 1st St, Newark 59 1st St, Newark 15 Fairmount Ave, Newark 391 Central Ave, Newark 57 1st St, Newark 61 1st St, Newark 19-25 Fairmount Ave, Newark 13 Fairmount Ave, Newark 53 1st St, Newark 371 Central Ave, Newark

Nearby ZIP codes for 387 Central Avenue, Newark, NJ

07003, Essex County, NJ 07017, Essex County, NJ 07028, Essex County, NJ 07050, Essex County, NJ 07079, Essex County, NJ 07102, Essex County, NJ 07104, Essex County, NJ 07105, Essex County, NJ 07106, Essex County, NJ 07107, Essex County, NJ 07108, Essex County, NJ 07109, Essex County, NJ 07111, Essex County, NJ 07112, Essex County, NJ 07114, Essex County, NJ 07201, Union County, NJ

Frequently asked questions

What is the total square footage of 387 Central Avenue, Newark, NJ 07103?

387 Central Avenue, Newark, NJ 07103 has a total of 914 square feet.

When was 387 Central Avenue, Newark, NJ 07103 last sold and what was the sale price?

387 Central Avenue, Newark, NJ 07103 was last sold on 02/05/2004 for $1,900,000.

What is the assessed value of 387 Central Avenue, Newark, NJ 07103?

387 Central Avenue, Newark, NJ 07103 is currently assessed at $40,300.

What are the property taxes for 387 Central Avenue, Newark, NJ 07103?

The property taxes for 387 Central Avenue, Newark, NJ 07103 total $1,611.

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