Essex County  »  07105  »  Ferry St  »  653-693 Ferry St

653-693 Ferry Street, Newark, NJ 07105 - Property report

Also known as: 653-693 Ferry St

Property image for 653-693 Ferry Street, Newark, NJ 07105
static Mapbox map

Property type

Commercial-Other (100)

Acreage

5.614

Sale price

$22,500,000

General information

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Address
Primary address
653-693 Ferry Street
ZIP code
07105
County
Essex
Block
2402
Lot
8
Neighborhood
North Ironbound
Municipality
714
Qualifier
Parcel ID
2402-8

Owner

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Sales
Sale date
05/18/2022
Sale price
$22,500,000
Arm's length
Tax
Tax year
2026
Current property tax
$300,253
Building
Property type
Commercial-Other (100)
Exterior structural material
Lot
Acreage
5.614
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
46 /100.  Car-Dependent
Transit score
49 /100.  Some Transit
Bike score
53 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 653-693 Ferry Street, Newark, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 653-693 Ferry Street, Newark, NJ 07105

Sale date Sale price Buyer name Seller name
05/18/2022 $22,500,000 XXX XXXXX XXXXXX XXX XXXXXXXX XXXXXXXX; XXXXXXXX XXXX XXXXXXX XXXXXXXXX XXXXXXX
04/13/2011 $5,500,000 XXXXXXXX XXXX XXX XXXXXXX XXXXXX XXXXX,XXX
03/12/2004 $1,500,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/16/2025 - R
04/15/2025 - D
Deed Notice XXXXXXXXXXXXX XXXXXXXXXX,XXXXXXXXXX XX XXX XXXXX XXXXXX XXX
04/16/2025 - R
10/20/2024 - D
Termination of Deed Notice XXX XXXXX XXXXXX XXX XXXX XX XXXXXX
06/07/2024 - R
05/28/2024 - D
Deed of Consolidation XXX XXXXX XXXXXX XXX XXX XXXXX XXXXXX XXX
05/20/2022 - R
05/18/2022 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXXXX XXX XXXXX XXXXXX XXX
09/24/2021 - R
09/16/2021 - D
Termination of Lease XXXXXXXX XXXX XXXXXXX XXXXXXXXX XXXXXXX XXXXXXXX XXXXX & XXXXXXX XXXXXX, XXX
05/10/2011 - R
04/13/2011 - D
Deed and Realty Tax Fees XXXXXXX XXXXXX XXXXX,XXX XXXXXXXX XXXX XXX
03/12/2004 - D Deed and Realty Tax Fees
12/31/1981 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 653-693 Ferry Street, Newark, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$300,253
Recent tax assessments
Market value
$7,508,200
Land value
$7,145,000
Building value
$363,200

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $7,508,200 $7,508,200 3.999 $300,253 +12.79%
2024 $7,000,000 $7,000,000 3.803 $266,210 +2.01%
2023 $7,000,000 $7,000,000 3.728 $260,960 +74.63%
2022 $4,000,000 $4,000,000 3.736 $149,440 -40.49%
2021 $6,725,000 $6,725,000 3.734 $251,112 -1.74%
2020 $6,725,000 $6,725,000 3.8 $255,550 +324.67%
2019 $1,600,000 $1,600,000 3.761 $60,176 +1.84%
2018 $1,600,000 $1,600,000 3.693 $59,088 -12.44%
2017 $1,895,600 $1,895,600 3.56 $67,483 +3.49%
2016 $1,895,600 $1,895,600 3.44 $65,209 +3.96%

Permit information for 653-693 Ferry Street, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
57,093
Median age
34.2
Average household income
$76,392
Family households
70.5%
People per household (average)
2.83
Occupied housing units
19,099
Owner-occupied units
15.9%
Median year structure built
1971
Median value mortgaged units
$489,900
Median value unmortgaged units
$457,600

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

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Frequently asked questions

When was 653-693 Ferry Street, Newark, NJ 07105 last sold and what was the sale price?

653-693 Ferry Street, Newark, NJ 07105 was last sold on 05/18/2022 for $22,500,000.

What is the assessed value of 653-693 Ferry Street, Newark, NJ 07105?

653-693 Ferry Street, Newark, NJ 07105 is currently assessed at $7,508,200.

What are the property taxes for 653-693 Ferry Street, Newark, NJ 07105?

The property taxes for 653-693 Ferry Street, Newark, NJ 07105 total $300,252.

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