Essex County  »  07108  »  Elizabeth Ave  »  254-284 Elizabeth Ave

254-284 Elizabeth Avenue, Newark, NJ 07108 - Property report

Also known as: 254-284 Elizabeth Ave

Property image for 254-284 Elizabeth Avenue, Newark, NJ 07108
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Property type

Industrial-Other (331)

Acreage

4.641

Sale price

$9,150,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
254-284 Elizabeth Avenue
ZIP code
07108
County
Essex
Block
2745
Lot
5
Neighborhood
South Broad Valley
Municipality
714
Qualifier
Parcel ID
2745-5

Owner

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Sales
Sale date
12/13/2017
Sale price
$9,150,000
Arm's length
Tax
Tax year
2026
Current property tax
$269,933
Building
Property type
Industrial-Other (331)
Building sq. ft.
1,000
Exterior structural material
Lot
Acreage
4.641
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
64 /100.  Somewhat Walkable
Transit score
64 /100.  Good Transit
Bike score
53 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 254-284 Elizabeth Avenue, Newark, NJ

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

Sales history for 254-284 Elizabeth Avenue, Newark, NJ 07108

Sale date Sale price Buyer name Seller name
12/13/2017 $9,150,000 XXXXXXXXX XXXXXXX XXX XXXXXXX XXXXXX XXX
12/10/1998 $1,000,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/02/2018 - R
12/13/2017 - D
Deed and Realty Tax Fees XXXXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXX
12/10/1998 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 254-284 Elizabeth Avenue, 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
$269,933
Recent tax assessments
Market value
$6,750,000
Land value
$2,320,500
Building value
$4,429,500

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 $6,750,000 $6,750,000 3.999 $269,933 +5.15%
2024 $6,750,000 $6,750,000 3.803 $256,703 +2.01%
2023 $6,750,000 $6,750,000 3.728 $251,640 -0.21%
2022 $6,750,000 $6,750,000 3.736 $252,180 +0.05%
2021 $6,750,000 $6,750,000 3.734 $252,045 -1.74%
2020 $6,750,000 $6,750,000 3.8 $256,500 -15.45%
2019 $8,066,000 $8,066,000 3.761 $303,362 +220.13%
2018 $2,566,000 $2,566,000 3.693 $94,762 +3.74%
2017 $2,566,000 $2,566,000 3.56 $91,350 +3.49%
2016 $2,566,000 $2,566,000 3.44 $88,270 +3.96%

Permit information for 254-284 Elizabeth Avenue, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
28,790
Median age
32.8
Average household income
$60,252
Family households
55.6%
People per household (average)
2.52
Occupied housing units
11,383
Owner-occupied units
19.0%
Median year structure built
1973
Median value mortgaged units
$406,500
Median value unmortgaged units
$374,000

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 254-284 Elizabeth Avenue, Newark, NJ 07108 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 254-284 Elizabeth Avenue, Newark, NJ 07108?

The current market value of 254-284 Elizabeth Avenue, Newark, NJ 07108 is $6,750,000.

What is the total square footage of 254-284 Elizabeth Avenue, Newark, NJ 07108?

254-284 Elizabeth Avenue, Newark, NJ 07108 has a total of 1,000 square feet.

What is the price per square foot for this property?

$9,150 per square foot is the price for 254-284 Elizabeth Avenue, Newark, NJ 07108.

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