397-417 Ferry Street, Newark, NJ 07105 Property Information
397-417 Ferry Street, Newark, NJ 07105 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 397-417 Ferry Street, Newark |
| Zip code | 07105 |
| County | Essex |
| Municipality | Newark City |
| Block | 2487 |
| Lot | 1.01 |
| Neighborhood | North Ironbound |
Sales & Tax Overview for 397-417 Ferry Street, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/06/2022 |
| Sale price | $10 |
| Property tax | $1,525,399 |
Lot & Building Information for 397-417 Ferry Street, Newark
| Building class | Commercial-Other (100) |
| Acreage | 12.936 |
| Year built | 1900 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 397-417 Ferry Street, Newark
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- • Improvements for 397-417 Ferry Street, Newark , including their type, square footage, grade and when they were built.
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About 397-417 Ferry Street, Newark
397-417 Ferry Street, Newark, NJ 07105 was built in 1900 and has a total of 425,000 square feet.
What is the assessed value of 397-417 Ferry Street, Newark, NJ 07105 and the property tax paid?Assessed at $40,110,400, the tax amount paid for 397-417 Ferry Street, Newark, NJ 07105 is $1,604,014.
When was 397-417 Ferry Street, Newark, NJ 07105 last sold and what was the last sale price?397-417 Ferry Street, Newark, NJ 07105 was last sold in 05/06/2022 for $10.
Ownership Information
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Spaces for Lease in 397-417 Ferry Street, Newark
| Listing type | For Lease |
|---|---|
| Listing date | 07/28/2023 |
| Last updated | 04/17/2026 |
| Lot size | 13.5 Acre |
AAOnly Minutes from Newark Liberty International Airport and Port Newark - Elizabeth. Convenient access to Routes I-95 & 1-9, plus less than 10 miles to New York City.Building has recently undergone significant capital improvements to roofs, exterior paint, common areas, signage, windows, loading facilities, elevators, and parking areas. - 447 Ferry Street has 3 units available: 46,517 SF (3 Tailgates, 6 Drive-Ins, 10-20 trailer parking); 16,000 SF (3 shared docks); and 13,846 SF (3 interior loading doors and 800 SF office) - 400 Ferry Street has 27,838 SF available. 100% Temperature Controlled Warehouse with Refrigerated/Cooler Boxes - Approximate box-in-box measurements are Four (4) 30'x45', Two (2) 24'x20' and one (1) 25'x25' (Loading: 2 Interior Docks & 1 Drive-In, Floor Drains, 21' ceiling, and 12 parking spaces).
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| NDC - 400 Ferry St | Flex - Industrial | $18.50/Sqft/Year | 27,838 | Russell J. Verducci |
| NDC - 447 Ferry St | Warehouse/Distribution | $18.50/Sqft/Year | 46,517 | Russell J. Verducci |
| NDC - 447 Ferry Street | Warehouse/Distribution | Listing price not available | 13,846 | Russell J. Verducci |
| NDC - 447 Ferry St | Warehouse/Distribution | Listing price not available | 16,000 | Russell J. Verducci |
Past Sales & Property History for 397-417 Ferry Street, Newark
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*Here are the three most recent sales for this property.
Title Documents for 397-417 Ferry Street, Newark
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R: Recorded date
D: Document date
Property Taxes for 397-417 Ferry Street, Newark
Access detailed property tax data for 397-417 Ferry Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $1,525,399 |
| Market value | $40,110,400 |
Assessment History for 397-417 Ferry Street, Newark
Here's the assessment & property tax history for 397-417 Ferry 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 | $40,110,400 | $40,110,400 | 3.803 | $1,525,399 | +2.01% |
| 2023 | $40,110,400 | $40,110,400 | 3.728 | $1,495,316 | +33.42% |
| 2022 | $30,000,000 | $30,000,000 | 3.736 | $1,120,800 | +50.08% |
| 2021 | $20,000,000 | $20,000,000 | 3.734 | $746,800 | -1.74% |
| 2020 | $20,000,000 | $20,000,000 | 3.8 | $760,000 | +62.96% |
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 397-417 Ferry 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) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 397-417 Ferry 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 397-417 Ferry Street, Newark
Here are the neighbors for 397-417 Ferry Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 109-111 Hawkins St, Newark | 3,047 | 09/21/1988 | |
| 157 Brill St, Newark | 1,666 | 04/26/2021 | $350,000 |
| 155 Brill St, Newark | 1,682 | 06/13/2022 | |
| 371-395 Ferry St, Newark | 03/21/2005 | $100 | |
| 169-173 Christie St, Newark | 01/22/2025 | ||
| 193-203 Christie St, Newark | 03/22/2023 | ||
| 160-166 Christe St, Newark | 7,088 | 03/29/2022 | $3,200,000 |
| 170 Christie St, Newark | 1,612 | 12/18/2025 | |
| 168 Christie St, Newark | 1,616 | 09/27/2019 | $349,000 |
| 153 Brill St, Newark | 2,472 | 01/06/2026 | |
| 147-149 Brill St, Newark | 4,736 | 01/31/1996 | $215,000 |
| 175-181 Christie St, Newark | 10/23/2012 | $57,000 | |
| 159-165 Brill St, Newark | 02/27/2004 | $530,000 | |
| 151 Brill St, Newark | 2,990 | 12/08/1976 | $34,000 |
| 2-70 McGregor Ave, Newark | 09/18/2012 | ||
| 113 Hawkins St, Newark | 1,816 | 10/28/2022 | |
| 183-187 Christie St, Newark | 9,573 | 06/24/2024 | |
| 72-92 McGregor Ave, Newark | |||
| 115-117 Hawkins St, Newark | 5,716 | 04/21/2025 | |
| 146-158 Christie St, Newark | 03/29/2022 | $3,200,000 |