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58-62 Downing Street, Newark, NJ 07105 Property Information

58-62 Downing Street, Newark, NJ 07105 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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58-62 Downing Street, Newark, NJ 07105
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Address

Primary address 58-62 Downing Street, Newark
Zip code 07105
County Essex
Municipality Newark City
Block 2000
Lot 32
Neighborhood North Ironbound

Sales & Tax Overview for 58-62 Downing Street, Newark

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Sale date 09/21/1993
Sale price $100
Property tax $46,982

Lot & Building Information for 58-62 Downing Street, Newark

Building class Commercial-Other (100)
Acreage 0.182
Units 39
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Zoning, Use & Area Overview

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Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 58-62 Downing Street, Newark

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  • • Improvements for 58-62 Downing Street, Newark , including their type, square footage, grade and when they were built.
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About 58-62 Downing Street, Newark

What is the assessed value of 58-62 Downing Street, Newark, NJ 07105 and the property tax paid?

Assessed at $1,235,400, the tax amount paid for 58-62 Downing Street, Newark, NJ 07105 is $49,403.

When was 58-62 Downing Street, Newark, NJ 07105 last sold?

58-62 Downing Street, Newark, NJ 07105 was last sold in 04/03/2023.

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 58-62 Downing Street, Newark

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Purchase date Purchase price Buyer name Seller name
09/21/1993 $100

Title Documents for 58-62 Downing Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
04/03/2024 - R Mortgage
04/03/2024 - R Mortgage
04/03/2023 - D
04/24/2023 - R
Deed and Realty Tax Fees
09/21/1993 - D Deed and Realty Tax Fees
                   
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R: Recorded date
D: Document date

Property Taxes for 58-62 Downing Street, Newark

Access detailed property tax data for 58-62 Downing Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $46,982
Market value $1,235,400

Assessment History for 58-62 Downing Street, Newark

Here's the assessment & property tax history for 58-62 Downing 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 $1,235,400 $1,235,400 3.803 $46,982 +2.01%
2023 $1,235,400 $1,235,400 3.728 $46,056 -0.21%
2022 $1,235,400 $1,235,400 3.736 $46,155 +0.05%
2021 $1,235,400 $1,235,400 3.734 $46,130 -1.74%
2020 $1,235,400 $1,235,400 3.8 $46,945 +1.04%

Demographics By Zip Code

Total population 56,657
Median age 34
Average household income $72,000
Family households 69.8%
Occupied housing units 19,425
Owner occupied units 17.1%
Average number of people per household 2
Median year structure built 1973
Median value for units with a mortgage $450,400
Median value for units without a mortgage $442,900

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 58-62 Downing 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 58-62 Downing Street, Newark

Here are the neighbors for 58-62 Downing Street, Newark.

Address Square feet Purchase date Purchase price
65-67 Jackson St, Newark 04/30/2009 $897,000
60-62 Adams St, Newark 10/20/1977 $48,000
48 Adams St, Newark 2,400 02/03/2015 $220,000
52-54 Adams St, Newark 08/19/2020 $1
71 Jackson St, Newark 2,042 07/30/2013 $100,000
69 Jackson St, Newark 394 02/14/2022 $680,000
49 Jackson St, Newark 1,956 11/22/2024
61-63 Jackson St, Newark 03/28/2013 $775,000
55-59 Jackson St, Newark 394 10/12/2023
58 Adams St, Newark 03/14/2006 $100
38 Adams St, Newark 11/15/2024
53 Jackson St, Newark 2,538 12/28/1993 $140,000
50 Adams St, Newark 2,626 04/26/2022
44-46 Adams St, Newark 3,404 02/28/1997 $155,000
40-42 Adams St, Newark 08/27/1982 $76,000
51 Jackson St, Newark 3,160 07/15/2024
12-16 Adams St, Newark 09/30/2015 $740,000
54-56 Downing St, Newark 04/04/2022 $100
56 Adams St, Newark 3,588 10/28/2021
18-22 Adams St, Newark 11/01/1979 $68,000

Nearby ZIP Codes for 58-62 Downing Street, Newark

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