Essex County  »  07107  »  2nd Ave W  »  248-252 2nd Ave W

248-252 2nd Ave W, Newark, NJ 07107 Property Information

248-252 2nd Ave W, Newark, NJ 07107 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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248-252 2nd Ave W, Newark, NJ 07107
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Address

Primary address 248-252 2nd Ave W, Newark
Zip code 07107
County Essex
Municipality Newark City
Block 1951
Lot 3
Neighborhood Upper Roseville

Sales & Tax Overview for 248-252 2nd Ave W, Newark

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

Sale date 03/08/2023
Sale price $1
Arm's length
Property tax $21,439

Lot & Building Information for 248-252 2nd Ave W, Newark

Building class Commercial-Other (100)
Acreage 0.172
Units 6
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 248-252 2nd Ave W, Newark

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  • • Improvements for 248-252 2nd Ave W, Newark , including their type, square footage, grade and when they were built.
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About 248-252 2nd Ave W, Newark

What is the assessed value of 248-252 2nd Ave W, Newark, NJ 07107 and the property tax paid?

Assessed at $536,100, the tax amount paid for 248-252 2nd Ave W, Newark, NJ 07107 is $21,438.

When was 248-252 2nd Ave W, Newark, NJ 07107 last sold and what was the last sale price?

248-252 2nd Ave W, Newark, NJ 07107 was last sold in 03/08/2023 for $1.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 248-252 2nd Ave W, Newark

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Purchase date Purchase price Buyer name Seller name
03/08/2023 $1
07/31/2019 $750,000
07/06/2006 $700,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 248-252 2nd Ave W, 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
03/17/2023 - R Mortgage
03/08/2023 - D
03/17/2023 - R
Deed and Realty Tax Fees
07/31/2019 - D
08/24/2019 - R
Deed and Realty Tax Fees
07/31/2019 - D
08/24/2019 - R
Deed and Realty Tax Fees
07/06/2006 - D
07/17/2006 - R
Deed and Realty Tax Fees
07/16/1999 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 248-252 2nd Ave W, Newark

Access detailed property tax data for 248-252 2nd Ave W, Newark, NJ 07107. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $21,439
Market value $536,100

Assessment History for 248-252 2nd Ave W, Newark

Here's the assessment & property tax history for 248-252 2nd Ave W, 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 $536,100 $536,100 3.999 $21,439 +5.15%
2024 $536,100 $536,100 3.803 $20,388 +2.01%
2023 $536,100 $536,100 3.728 $19,986 -0.21%
2022 $536,100 $536,100 3.736 $20,029 +0.05%
2021 $536,100 $536,100 3.734 $20,018 -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%
Average number of people per household 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 248-252 2nd Ave W, 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 248-252 2nd Ave W, Newark

Here are the neighbors for 248-252 2nd Ave W, Newark.

Address Square feet Purchase date Purchase price
242-244 2nd Ave W, Newark 4,460 10/16/1974 $23,400
520 3rd St, Newark 2,333 12/03/2015 $75,000
524-526 3rd St, Newark 5,986 06/20/2018 $300,000
411-413 5th St, Newark 12/02/2019 $1,589,943
409 5th St, Newark 12/02/2019 $1,589,943
246 2nd Ave W, Newark 2,856 12/28/1977 $13,000
516 3rd St, Newark 1,772 08/17/2001 $1
512 3rd St, Newark 2,332 10/04/2002
389-403 5th St, Newark
423 N 6th St, Newark 1,918 04/10/2019 $200,000
522 3rd St, Newark 1,710 02/21/2016 $137,500
518 3rd St, Newark 2,887 05/14/2021 $395,000
514 3rd St, Newark 1,344 08/17/2002 $1
427-429 N 6th St, Newark 02/04/2020 $370,000
528 3rd St, Newark 2,022 06/14/2005 $320,000
256 2nd Ave W, Newark 2,296
415-439 5th St, Newark
425 N 6th St, Newark 2,190 12/16/2015 $142,888
254 2nd Ave W, Newark 1,824 09/16/1994 $90,500
405-407 5th St, Newark 12/02/2019 $1,589,943

Nearby ZIP Codes for 248-252 2nd Ave W, Newark

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