Essex County  »  07105  »  Market St  »  637-641 Market St

637-641 Market Street, Newark, NJ 07105 Property Information

637-641 Market Street, Newark, NJ 07105 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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637-641 Market Street, Newark, NJ 07105
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Address

Primary address 637-641 Market Street, Newark
Zip code 07105
County Essex
Municipality Newark City
Block 2011
Lot 23
Neighborhood North Ironbound

Sales & Tax Overview for 637-641 Market Street, Newark

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

Sale date 07/02/2002
Sale price $390,000
Arm's length
Property tax $41,274

Lot & Building Information for 637-641 Market Street, Newark

Building class Apartment-Other (029)
Acreage 0.127
Units 10
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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 637-641 Market Street, Newark

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About 637-641 Market Street, Newark

What is the assessed value of 637-641 Market Street, Newark, NJ 07105 and the property tax paid?

Assessed at $1,085,300, the tax amount paid for 637-641 Market Street, Newark, NJ 07105 is $43,401.

When was 637-641 Market Street, Newark, NJ 07105 last sold and what was the last sale price?

637-641 Market Street, Newark, NJ 07105 was last sold in 07/02/2002 for $390,000.

How many residential units does this building have?

This building has 10 residential unit(s).

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 637-641 Market Street, Newark

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Purchase date Purchase price Buyer name Seller name
07/02/2002 $390,000

Title Documents for 637-641 Market Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
07/02/2002 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 637-641 Market Street, Newark

Access detailed property tax data for 637-641 Market Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $41,274
Market value $1,085,300

Assessment History for 637-641 Market Street, Newark

Here's the assessment & property tax history for 637-641 Market 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 $1,085,300 $1,085,300 3.803 $41,274 +2.01%
2023 $1,085,300 $1,085,300 3.728 $40,460 -0.21%
2022 $1,085,300 $1,085,300 3.736 $40,547 +0.05%
2021 $1,085,300 $1,085,300 3.734 $40,525 -1.74%
2020 $1,085,300 $1,085,300 3.8 $41,241 -21.67%

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)
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Transportation

Access the detailed traffic volume map for 637-641 Market 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 637-641 Market Street, Newark

Here are the neighbors for 637-641 Market Street, Newark.

Address Square feet Purchase date Purchase price
38 Somme St, Newark 764 05/18/2018 $1
25 Fillmore St, Newark 2,728 08/28/2003 $319,000
30-34 Somme St, Newark 5,768 09/14/1973 $42,000
28 Somme St, Newark 3,344 05/05/2011 $325,000
20 Somme St, Newark 4,454 04/24/1994 $170,000
27 Fillmore St, Newark 2,520 02/12/2013 $163,000
18 Somme St, Newark 3,564 12/14/2022
39 Fillmore St, Newark 4,534 09/16/2019 $482,000
31 Fillmore St, Newark 3,113 04/30/2018 $405,000
36 Somme St, Newark 3,744 05/14/2015 $1
24-26 Somme St, Newark 2,752 01/04/2024 $1
22 Somme St, Newark 3,630 01/04/2021
41 Fillmore St, Newark 2,308 07/07/2006 $290,000
629-635 Market St, Newark 09/16/2005 $2,320,000
33 Fillmore St, Newark 2,516 07/25/2025
29 Fillmore St, Newark 1,680 05/28/2024
627 Market St, Newark 09/16/2005 $2,320,000
43 Fillmore St, Newark 3,770 02/28/2006 $445,000
37 Fillmore St, Newark 2,209 08/28/2024
35 Fillmore St, Newark 2,482 09/26/2025

Nearby ZIP Codes for 637-641 Market Street, Newark

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