| Primary address | 5-7 Merchant Street, Newark |
| Zip code | 07105 |
| County | Essex |
| Municipality | Newark City |
| Block | 1993 |
| Lot | 3 |
| 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 | 09/11/2023 |
| Sale price | $1 |
| Arm's length | Register |
| Property tax | $9,398 |
| Building class | Commercial-Other (100) |
| Acreage | 0.094 |
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:
Assessed at $235,000, the tax amount paid for 5-7 Merchant Street, Newark, NJ 07105 is $9,397.
When was 5-7 Merchant Street, Newark, NJ 07105 last sold and what was the last sale price?5-7 Merchant Street, Newark, NJ 07105 was last sold in 09/11/2023 for $1.
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 5-7 Merchant Street, Newark, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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 5-7 Merchant Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $9,398 |
| Market value | $235,000 |
Here's the assessment & property tax history for 5-7 Merchant 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 | $235,000 | $235,000 | 3.999 | $9,398 | -45.09% |
| 2024 | $450,000 | $450,000 | 3.803 | $17,114 | +2.01% |
| 2023 | $450,000 | $450,000 | 3.728 | $16,776 | -0.21% |
| 2022 | $450,000 | $450,000 | 3.736 | $16,812 | -15.40% |
| 2021 | $532,200 | $532,200 | 3.734 | $19,872 | -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 5-7 Merchant 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 5-7 Merchant 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 5-7 Merchant Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 19 Merchant St, Newark | 11/24/1986 | $5,000 | |
| 25 Merchant St, Newark | 3,498 | 07/28/1999 | $210,000 |
| 192 Ferry St, Newark | 03/20/1980 | $150,000 | |
| 98 Van Buren St, Newark | 2,050 | 11/15/2013 | $225,000 |
| 92 Van Buren St, Newark | 1,360 | 05/02/2022 | |
| 29 Merchant St, Newark | 1,480 | 08/19/2013 | $190,000 |
| 102 Van Buren St, Newark | 720 | 04/14/2016 | $500,000 |
| 100 Van Buren St, Newark | 3,360 | 10/15/2024 | |
| 94 Van Buren St, Newark | 3,176 | 05/02/1992 | |
| 1-3 Merchant St, Newark | 12/15/2004 | $890,000 | |
| 104 Van Buren St, Newark | 05/17/1999 | $75,000 | |
| 13 Merchant St, Newark | 1,974 | 01/30/2026 | |
| 17 Merchant St, Newark | 3,630 | 07/17/2017 | $545,000 |
| 31-43 Merchant St, Newark | 31,060 | 09/14/2023 | |
| 9 Merchant St, Newark | 1,312 | 08/28/2019 | $480,000 |
| 15 Merchant St, Newark | 4,147 | 04/22/2026 | |
| 106 Van Buren St, Newark | 3,416 | 08/27/2024 | |
| 11 Merchant St, Newark | 1,498 | 10/27/2008 | $110,000 |
| 40 Merchant St, Newark | 1,993 | 09/16/2008 | $163,000 |
| 96 Van Buren St, Newark | 1,600 | 02/04/2016 | $215,000 |