24-28 Merchant Street, Newark, NJ 07105 Property Information
24-28 Merchant Street, Newark, NJ 07105 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 24-28 Merchant Street, Newark |
| Zip code | 07105 |
| County | Essex |
| Municipality | Newark City |
| Block | 1994 |
| Lot | 36 |
| Neighborhood | North Ironbound |
Sales & Tax Overview for 24-28 Merchant Street, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/28/2018 |
| Sale price | $1,100,000 |
| Arm's length | Register |
| Property tax | $28,993 |
Lot & Building Information for 24-28 Merchant Street, Newark
| Building class | Store-Other (739) |
| Acreage | 0.229 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 24-28 Merchant Street, Newark
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- • Improvements for 24-28 Merchant Street, Newark , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 24-28 Merchant Street, Newark
The current market value is $725,000.
Ownership Information
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Past Sales & Property History for 24-28 Merchant Street, Newark
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Title Documents for 24-28 Merchant Street, Newark
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R: Recorded date
D: Document date
Property Taxes for 24-28 Merchant Street, Newark
Access detailed property tax data for 24-28 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 | $28,993 |
| Market value | $725,000 |
Assessment History for 24-28 Merchant Street, Newark
Here's the assessment & property tax history for 24-28 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 | $725,000 | $725,000 | 3.999 | $28,993 | +5.15% |
| 2024 | $725,000 | $725,000 | 3.803 | $27,572 | +2.01% |
| 2023 | $725,000 | $725,000 | 3.728 | $27,028 | -0.21% |
| 2022 | $725,000 | $725,000 | 3.736 | $27,086 | +0.05% |
| 2021 | $725,000 | $725,000 | 3.734 | $27,072 | -1.74% |
Demographics by Zip Code
| 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 |
Risk
Create a free account to unlock extended information for 24-28 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 |
Transportation
Access the detailed traffic volume map for 24-28 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 |
Neighbors for 24-28 Merchant Street, Newark
Here are the neighbors for 24-28 Merchant Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 102 Chambers St, Newark | 3,320 | 08/21/2023 | |
| 20-22 Merchant St, Newark | 3,434 | 02/07/1991 | $280,000 |
| 116 Ferguson St, Newark | 2,520 | 11/18/2013 | $180,000 |
| 100 Chambers St, Newark | 05/02/2025 | $1 | |
| 12 Merchant St, Newark | 2,428 | ||
| 10 Merchant St, Newark | 3,816 | 03/11/2019 | $650,000 |
| 224 Ferry St, Newark | 02/25/2005 | $475,000 | |
| 6-8 Merchant St, Newark | 12/18/2015 | $1 | |
| 32-36 Merchant St, Newark | 07/28/2006 | $2,000,000 | |
| 226 Ferry St, Newark | 02/25/2005 | $475,000 | |
| 30 Merchant St, Newark | 1,332 | 02/28/2022 | |
| 220 Ferry St, Newark | 04/16/2019 | $325,000 | |
| 222 Ferry St, Newark | 10/18/2023 | $1 | |
| 214-218 Ferry St, Newark | 04/16/2019 | $400,000 | |
| 18 Merchant St, Newark | 854 | 09/20/1994 | $155,000 |
| 14-16 Merchant St, Newark | 09/18/2023 | $1 | |
| 45-49 Clover St, Nutley | 09/20/2022 | $1 | |
| 228-230 Ferry St, Newark | 07/28/2006 | $2,000,000 | |
| 232 Ferry St, Newark | 04/02/2007 | $475,000 | |
| 234 Ferry St, Newark | 11/14/2001 | $250,000 |