Essex County  »  07107  »  Central Ave  »  585-587 Central Ave

585-587 Central Avenue, Newark, NJ 07107 Property Information

585-587 Central Avenue, Newark, NJ 07107 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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585-587 Central Avenue, Newark, NJ 07107
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Address

Primary address 585-587 Central Avenue, Newark
Zip code 07107
County Essex
Municipality Newark City
Block 1859
Lot 37
Neighborhood Fairmount

Sales & Tax Overview for 585-587 Central Avenue, Newark

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

Sale date 12/28/2022
Sale price $1
Arm's length
Property tax $20,839

Lot & Building Information for 585-587 Central Avenue, Newark

Building sqft 824
Building class Commercial-Other (100)
Acreage 0.115
Units 16
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

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 585-587 Central Avenue, Newark

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About 585-587 Central Avenue, Newark

How many square feet does 585-587 Central Avenue, Newark, NJ 07107 have?

This Commercial-Other (100) located at 585-587 Central Avenue, Newark, NJ 07107 has a total of 824 square feet.

What is the assessed value of 585-587 Central Avenue, Newark, NJ 07107 and the property tax paid?

Assessed at $521,100, the tax amount paid for 585-587 Central Avenue, Newark, NJ 07107 is $20,838.

When was 585-587 Central Avenue, Newark, NJ 07107 last sold and what was the last sale price?

585-587 Central Avenue, Newark, NJ 07107 was last sold in 12/28/2022 for $1.

Ownership Information

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New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.
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Past Sales & Property History for 585-587 Central Avenue, Newark

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Purchase date Purchase price Buyer name Seller name
12/28/2022 $1
12/30/2015 $63,000
07/05/2006 $715,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 585-587 Central Avenue, Newark

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.

Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/03/2023 - R
12/28/2022 - D
Deed and Realty Tax Fees
01/04/2023 - R
12/27/2022 - D
05/24/2018 - R
05/17/2018 - D
Deed and Realty Tax Fees
11/22/2016 - R
12/30/2015 - D
Deed and Realty Tax Fees
08/07/2006 - R
07/05/2006 - D
Deed and Realty Tax Fees
12/12/2005 - R
12/01/2005 - D
Deed and Realty Tax Fees
12/31/2003 - D Deed and Realty Tax Fees
09/27/1995 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 585-587 Central Avenue, Newark

Access detailed property tax data for 585-587 Central Avenue, Newark, NJ 07107. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $20,839
Market value $521,100

Assessment History for 585-587 Central Avenue, Newark

Here's the assessment & property tax history for 585-587 Central Avenue, 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 $521,100 $521,100 3.999 $20,839 +5.15%
2024 $521,100 $521,100 3.803 $19,817 +2.01%
2023 $521,100 $521,100 3.728 $19,427 -0.21%
2022 $521,100 $521,100 3.736 $19,468 +0.05%
2021 $521,100 $521,100 3.734 $19,458 -1.74%

Demographics by Zip Code

Total population 43,293
Median age 35.2
Average household income $75,162
Family households 66.2%
Occupied housing units 15,184
Owner occupied units 29.1%
People per household (average) 2.85
Median year structure built 1959
Median value for units with a mortgage $399,000
Median value for units without a mortgage $325,100

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 585-587 Central Avenue, 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 585-587 Central Avenue, Newark

Here are the neighbors for 585-587 Central Avenue, Newark.

Address Square feet Purchase date Purchase price
144-146 S 13th, Newark 04/17/2024
132 S 13th St, Newark 2,356 03/24/1981 $15,000
117 S 12th St, Newark 4,657 05/13/2026
142 S 13th St, Newark 03/11/2026
128 S 13th St, Newark 3,526 07/11/2018 $355,000
126 S 13th St, Newark 03/24/2026
131-133 S 12th St, Newark 824 09/10/2021
119 S 12th St, Newark 3,564 08/05/2011 $240,000
134 S 13th St, Newark 4,286 02/09/2010 $259,900
130 S 13th St, Newark 3,602 10/19/1989
123 S 12th St, Newark 5,174 09/21/2023 $4
140 S 13th St, Newark 5,061 06/01/2015 $290,700
125-127 S 12th St, Newark 3,028 10/30/2024
583 Central Ave, Newark 824 04/28/2006 $150,000
138 S 13th St, Newark 3,138 03/02/2020
136 S 13th St, Newark 3,339 08/14/2023
573-581 Central Ave, Newark 06/05/2023
129 S 12th St, Newark 4,241 01/18/2024
121 S 12th St, Newark 5,481 02/05/2010 $350,000
115 S 12th St, Newark 1,429 05/04/2023

Nearby ZIP Codes for 585-587 Central Avenue, Newark

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