Essex County  »  07105  »  Cortland St  »  48-50 Cortland St

48-50 Cortland Street, Newark, NJ 07105 Property Information

48-50 Cortland Street, Newark, NJ 07105 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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48-50 Cortland Street, Newark, NJ 07105
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Address

Primary address 48-50 Cortland Street, Newark
Zip code 07105
County Essex
Municipality Newark City
Block 2482
Lot 24
Neighborhood North Ironbound

Sales & Tax Overview for 48-50 Cortland Street, Newark

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

Sale date 03/20/2026
Sale price $1
Arm's length
Property tax $13,593

Lot & Building Information for 48-50 Cortland Street, Newark

Building class Apartment-Other (029)
Acreage 0.078
Units 8
Stories 3
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


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

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 48-50 Cortland Street, Newark

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  • • Improvements for 48-50 Cortland Street, Newark , including their type, square footage, grade and when they were built.
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About 48-50 Cortland Street, Newark

What is the assessed value of 48-50 Cortland Street, Newark, NJ 07105 and the property tax paid?

Assessed at $339,900, the tax amount paid for 48-50 Cortland Street, Newark, NJ 07105 is $13,592.

When was 48-50 Cortland Street, Newark, NJ 07105 last sold and what was the last sale price?

48-50 Cortland Street, Newark, NJ 07105 was last sold in 03/20/2026 for $1.

How many residential units does this building have?

This building has 8 residential unit(s).

Ownership Information

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Real Estate Reports:
Lucian Alixandrescu, Jul 28, 2026 Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.
Eliza Theiss, Jul 22, 2026 Prices Rise in 32 of NYC’s Leading Neighborhoods as City and Manhattan Hit Record Highs
Q2 2026 saw NYC and Manhattan reach historic highs, with Brooklyn and Queens marking close to new records as well. Meanwhile, Hudson Yards remained at the top, Central Midtown posted its highest price ever and Carroll Gardens marked its third consecutive quarter over $2 million
Laura Pop-Badiu, Jul 15, 2026 How to Find Property Owners — The Complete Guide 
For real estate professionals looking for the best ways to find property owners — whether through free methods based on public sources or paid tools with verified, in-depth data — this comprehensive guide breaks down every step of the due diligence process.
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Past Sales & Property History for 48-50 Cortland Street, Newark

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Purchase date Purchase price Buyer name Seller name
03/20/2026 $1
03/04/2026 $1
11/15/2005 $630,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 48-50 Cortland Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
04/20/2026 - R Mortgage 04/01/2056
04/20/2026 - R
03/20/2026 - D
Deed and Realty Tax Fees
03/30/2026 - R
03/04/2026 - D
Deed and Realty Tax Fees
11/28/2005 - R
11/15/2005 - D
Deed and Realty Tax Fees
09/21/1985 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 48-50 Cortland Street, Newark

Access detailed property tax data for 48-50 Cortland Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $13,593
Market value $339,900

Assessment History for 48-50 Cortland Street, Newark

Here's the assessment & property tax history for 48-50 Cortland 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 $339,900 $339,900 3.999 $13,593 +5.15%
2024 $339,900 $339,900 3.803 $12,926 +2.01%
2023 $339,900 $339,900 3.728 $12,671 -0.21%
2022 $339,900 $339,900 3.736 $12,699 +0.05%
2021 $339,900 $339,900 3.734 $12,692 -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%
People per household (average) 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

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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 48-50 Cortland 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 48-50 Cortland Street, Newark

Here are the neighbors for 48-50 Cortland Street, Newark.

Address Square feet Purchase date Purchase price
56 Cortland St, Newark 02/10/2016 $310,000
42-44 Cortland St, Newark 3,672 08/09/2012 $245,000
28 Cortland St, Newark 658 08/22/2012 $73,000
26 Cortland St, Newark 658 05/04/2021 $27,000
503 Ferry St, Newark
491-495 Ferry St, Newark 03/27/1973 $17,000
34-36 Cortland St, Newark 3,740 12/01/2025
497 Ferry St, Newark
32 Hawkins St, Newark 5,410 08/22/2025
38-40 Cortland St, Newark 6,426 06/17/2011 $320,000
32 Cortland St, Newark City 1,707 04/30/2004 $376,000
24 Cortland St, Newark 02/06/2014 $75,000
22 Cortland St, Newark 02/06/2014 $75,000
499 Ferry St, Newark
46 Cortland St, Newark 3,672 05/22/2024
501 Ferry St, Newark
8-30 Hawkins St, Newark 637
30 Cortland St, Newark 4,762 06/04/2010 $109,000
52-54 Cortland St, Newark 4,663 09/05/2019 $1
505 Ferry St, Newark 637 01/28/2026 $1

Nearby ZIP Codes for 48-50 Cortland Street, Newark

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