87 1st Street, Newark, NJ 07107 Property Information
87 1st Street, Newark, NJ 07107 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 87 1st Street, Newark |
| Zip code | 07107 |
| County | Essex |
| Municipality | Newark City |
| Block | 1880 |
| Lot | 20 |
| Neighborhood | University Heights |
Sales & Tax Overview for 87 1st Street, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/22/1982 |
| Sale price | $45,000 |
| Arm's length | Register |
| Property tax | $42,346 |
Lot & Building Information for 87 1st Street, Newark
| Building sqft | 827 |
| Building class | Industrial-Other (331) |
| Acreage | 2.006 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
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Other Property Data for 87 1st Street, Newark
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- • Improvements for 87 1st Street, Newark , including their type, square footage, grade and when they were built.
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About 87 1st Street, Newark
This Industrial-Other (331) located at 87 1st Street, Newark, NJ 07107 has a total of 827 square feet and a current price per square foot of $54.
What is the market value of 87 1st Street, Newark, NJ 07107?The current market value is $1,113,500.
Ownership Information
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Past Sales & Property History for 87 1st Street, Newark
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| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 07/22/1982 | $45,000 | Register | Register |
Title Documents for 87 1st Street, Newark
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R: Recorded date
D: Document date
Property Taxes for 87 1st Street, Newark
Access detailed property tax data for 87 1st Street, Newark, NJ 07107. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $42,346 |
| Market value | $1,113,500 |
Assessment History for 87 1st Street, Newark
Here's the assessment & property tax history for 87 1st 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 |
|---|---|---|---|---|---|
| 2024 | $1,113,500 | $1,113,500 | 3.803 | $42,346 | +2.01% |
| 2023 | $1,113,500 | $1,113,500 | 3.728 | $41,511 | -0.21% |
| 2022 | $1,113,500 | $1,113,500 | 3.736 | $41,600 | +0.05% |
| 2021 | $1,113,500 | $1,113,500 | 3.734 | $41,578 | -1.74% |
| 2020 | $1,113,500 | $1,113,500 | 3.8 | $42,313 | +1.04% |
Demographics By Zip Code
| Total population | 42,132 |
| Median age | 36 |
| Average household income | $72,235 |
| Family households | 64.3% |
| Occupied housing units | 15,279 |
| Owner occupied units | 32.7% |
| Average number of people per household | 2 |
| Median year structure built | 1957 |
| Median value for units with a mortgage | $375,000 |
| Median value for units without a mortgage | $276,900 |
Risk
Create a free account to unlock extended information for 87 1st 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 |
Transportation
Access the detailed traffic volume map for 87 1st 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 87 1st Street, Newark
Here are the neighbors for 87 1st Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 91-93 2nd St, Newark | 05/01/1978 | $18,000 | |
| 89 2nd St, Newark | 3,866 | 12/16/2005 | $345,000 |
| 130 1st Ave, Newark | 827 | 05/28/2021 | $5,216,741 |
| 126-128 1st St, Newark | 827 | 05/28/2021 | $5,216,741 |
| 125 2nd St, Newark | 827 | 05/28/2021 | $5,216,741 |
| 370-386 Orange St, Newark | 827 | 09/10/2015 | $7,200,000 |
| 267-285 Sussex Ave, Newark | 120,153 | 05/28/2021 | $5,216,741 |
| 71-85 1st St, Newark | 10/26/2020 | $100 | |
| 81 2nd St, Newark | 4,960 | 08/26/2025 | |
| 75 2nd St, Newark | 3,882 | 10/20/2016 | $345,000 |
| 132 1st Ave, Newark | 827 | 05/28/2021 | $5,216,741 |
| 123 2nd St, Newark | 827 | 05/28/2021 | $5,216,741 |
| 139 1st St, Newark | 10/01/1992 | ||
| 83 2nd St, Newark | 2,968 | 10/30/2019 | $1 |
| 79 2nd St, Newark | 2,248 | 08/13/2014 | $120,000 |
| 77 2nd St, Newark | 3,101 | 04/18/2022 | |
| 388-390 Orange St, Newark | 06/19/1996 | ||
| 127 2nd St, Newark | 2,090 | 11/30/1987 | $63,000 |
| 87 2nd St, Newark | 3,490 | 05/24/2018 | $150,000 |
| 85 2nd St, Newark | 4,096 | 01/15/2025 |