| Primary address | 54-56 Madison Street, Newark |
| Zip code | 07105 |
| County | Essex |
| Municipality | Newark City |
| Block | 1988 |
| Lot | 32 |
| Neighborhood | North Ironbound |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 02/27/1975 |
| Sale price | $40,000 |
| Arm's length | Register |
| Property tax | $8,638 |
| Building sqft | 780 |
| Building class | Commercial-Other (100) |
| Acreage | 0.074 |
| Units | 3 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Commercial-Other (100) located at 54-56 Madison Street, Newark, NJ 07105 has a total of 780 square feet.
What is the assessed value of 54-56 Madison Street, Newark, NJ 07105 and the property tax paid?Assessed at $216,000, the tax amount paid for 54-56 Madison Street, Newark, NJ 07105 is $8,637.
When was 54-56 Madison Street, Newark, NJ 07105 last sold and what was the last sale price?54-56 Madison Street, Newark, NJ 07105 was last sold in 02/27/1975 for $40,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 54-56 Madison Street, Newark, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 02/27/1975 | $40,000 | Register | Register |
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.
R: Recorded date
D: Document date
Access detailed property tax data for 54-56 Madison Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $8,638 |
| Market value | $216,000 |
Here's the assessment & property tax history for 54-56 Madison 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 | $216,000 | $216,000 | 3.999 | $8,638 | +5.15% |
| 2024 | $216,000 | $216,000 | 3.803 | $8,214 | +2.01% |
| 2023 | $216,000 | $216,000 | 3.728 | $8,052 | -0.21% |
| 2022 | $216,000 | $216,000 | 3.736 | $8,070 | +0.05% |
| 2021 | $216,000 | $216,000 | 3.734 | $8,065 | -1.74% |
| Total population | 57,093 |
| Median age | 34.2 |
| Average household income | $76,392 |
| Family households | 70.5% |
| Occupied housing units | 19,099 |
| Owner occupied units | 15.9% |
| Average number of people per household | 2.83 |
| Median year structure built | 1971 |
| Median value for units with a mortgage | $489,900 |
| Median value for units without a mortgage | $457,600 |
Create a free account to unlock extended information for 54-56 Madison 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 |
Access the detailed traffic volume map for 54-56 Madison Street, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 54-56 Madison Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 65 Adams St, Newark | 3,046 | 03/18/2020 | $400,000 |
| 67 Adams St, Newark | 3,927 | 08/18/2022 | |
| 62-64 Madison St, Newark | 01/20/1983 | $125,000 | |
| 41 Downing St, Newark | 1,197 | 04/24/2009 | $1 |
| 66 Madison St, Newark | 06/16/2006 | $975,000 | |
| 68 Madison St, Newark | 06/16/2006 | $825,000 | |
| 134 Ferry St, Newark | 02/02/1998 | $1 | |
| 71 Adams St, Newark | 12/04/2025 | ||
| 52 Madison St, Newark | 01/06/1978 | $48,000 | |
| 48 Madison St, Newark | 4,089 | 11/20/2024 | |
| 33-39 Downing St, Newark | 4,318 | 02/21/2025 | |
| 70 Madison St, Newark | 1,869 | 09/01/2011 | $1 |
| 124-126 Ferry St, Newark | 11,599 | 08/01/1973 | $65,000 |
| 58-60 Madison St, Newark | 3,640 | 01/20/1983 | $50,000 |
| 128 Ferry St, Newark | 06/14/2016 | $1,000,000 | |
| 130-132 Ferry St, Newark | 09/30/2015 | $4,000,000 | |
| 50 Madison St, Newark | 2,843 | 02/27/2024 | |
| 69 Adams St, Newark | 4,348 | 12/04/2025 | |
| 51-53 Monroe St, Newark | 06/09/1994 | $150,000 | |
| 136 Ferry St, Newark | 10/11/2004 | $1 |