40 Magazine Street, Newark, NJ 07105 Property Information
40 Magazine Street, Newark, NJ 07105 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 40 Magazine Street, Newark |
| Zip code | 07105 |
| County | Essex |
| Municipality | Newark City |
| Block | 2046 |
| Lot | 37 |
| Neighborhood | North Ironbound |
Sales & Tax Overview for 40 Magazine Street, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/27/2018 |
| Sale price | $500,000 |
| Arm's length | Register |
| Property tax | $10,584 |
Lot & Building Information for 40 Magazine Street, Newark
| Building sqft | 4,252 |
| Building class | Store-Other (739) |
| Acreage | 0.058 |
| Year built | 1996 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 40 Magazine Street, Newark
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- • Improvements for 40 Magazine Street, Newark , including their type, square footage, grade and when they were built.
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About 40 Magazine Street, Newark
This Store-Other (739) located at 40 Magazine Street, Newark, NJ 07105 has a total of 4,252 square feet and a current price per square foot of $117.
What is the year built & the current market value of 40 Magazine Street, Newark, NJ 07105?40 Magazine Street, Newark, NJ 07105 was built in 1996 and has a current tax assessor's market value of $278,300.
Ownership Information
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Past Sales & Property History for 40 Magazine Street, Newark
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*Here are the three most recent sales for this property.
Title Documents for 40 Magazine Street, Newark
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R: Recorded date
D: Document date
Property Taxes for 40 Magazine Street, Newark
Access detailed property tax data for 40 Magazine Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $10,584 |
| Market value | $278,300 |
Assessment History for 40 Magazine Street, Newark
Here's the assessment & property tax history for 40 Magazine 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 | $278,300 | $278,300 | 3.803 | $10,584 | +2.01% |
| 2023 | $278,300 | $278,300 | 3.728 | $10,375 | -0.21% |
| 2022 | $278,300 | $278,300 | 3.736 | $10,397 | +0.05% |
| 2021 | $278,300 | $278,300 | 3.734 | $10,392 | -1.74% |
| 2020 | $278,300 | $278,300 | 3.8 | $10,575 | +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
Create a free account to unlock extended information for 40 Magazine 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) | 0.2, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 40 Magazine 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 40 Magazine Street, Newark
Here are the neighbors for 40 Magazine Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 313-315 Ferry St, Newark | 05/22/2002 | $123,000 | |
| 48-50 Main St, Newark | 759 | 02/04/2002 | $350,000 |
| 46 Main St, Newark | 3,631 | 05/08/2000 | $248,000 |
| 48 Magazine St, Newark | 3,276 | 03/28/2022 | |
| 52-56 Magazine St, Newark | 05/27/2021 | $1,100,000 | |
| 44 Main St, Newark | 2,983 | 11/22/2011 | $262,000 |
| 40 Main St, Newark | 4,302 | 08/22/1988 | $167,000 |
| 36-38 Main St, Newark | 4,762 | 12/23/1987 | $163,000 |
| 44 Magazine St, Newark | 3,528 | ||
| 331-347 Ferry St, Newark | 1,087 | 02/03/2020 | |
| 50 Magazine St, Newark | 3,020 | 02/14/2023 | |
| 58 Magazine St, Newark | 06/27/2012 | $220,000 | |
| 317 Ferry St, Newark | 4,872 | 02/14/1994 | $220,000 |
| 319 Ferry St, Newark | 4,341 | 07/31/2018 | $535,000 |
| 42 Main St, Newark | 3,484 | 02/14/2002 | $169,000 |
| 42 Magazine St, Newark | 1,988 | ||
| 47 Main St, Newark | 1,275 | 09/10/1993 | $98,500 |
| 46 Magazine St, Newark | 3,043 | 09/30/2025 | |
| 49 Main St, Newark | 5,139 | 03/07/2019 | $1 |
| 43-45 Main St, Newark | 2,970 | 12/19/2022 |