Essex County  »  07102  »  Ml King Blvd  »  249 Ml King Blvd

249 Ml King Boulevard, Newark, NJ 07102 - Property report

Also known as: 249 Ml King Blvd

Property image for 249 Ml King Boulevard, Newark, NJ 07102
static Mapbox map

Property type

Commercial (4A)

Acreage

0.062

Sale price

$400,000

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
249 Ml King Boulevard
ZIP code
07102
County
Essex
Block
2857
Lot
9
Neighborhood
Downtown Newark
Municipality
714
Qualifier
Parcel ID
2857-9

Owner

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Sales
Sale date
02/25/2016
Sale price
$400,000
Arm's length
Tax
Tax year
2026
Current property tax
$15,832
Building
Property type
Commercial (4A)
Exterior structural material
Lot
Acreage
0.062
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
84 /100.  Excellent Transit
Bike score
63 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 249 Ml King Boulevard, Newark, NJ

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

Sales history for 249 Ml King Boulevard, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
02/25/2016 $400,000 XXX XXXXXX XXXXXXXXX XX XXXXXXXXXX XXXXX XXXXXXXXX XXX
10/30/2014 $350,000 XXXXX XXXXXXXXX XXX XXXX XXXXX XX. XX XX XXXXX XXX, XXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/08/2016 - R
02/25/2016 - D
Deed and Realty Tax Fees XXXXX XXXXXXXXX XXX XXX XXXXXX XXXXXXXXX XX XXXXXXXXXX
11/06/2014 - R
10/30/2014 - D
Deed and Realty Tax Fees XXXX XXXXX XX. XX XX XXXXX XXX, XXX XXXXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 249 Ml King Boulevard, 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
$15,832
Recent tax assessments
Market value
$395,900
Land value
$45,900
Building value
$350,000

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 $395,900 $395,900 3.999 $15,832 +5.15%
2024 $395,900 $395,900 3.803 $15,056 +2.01%
2023 $395,900 $395,900 3.728 $14,759 -0.21%
2022 $395,900 $395,900 3.736 $14,791 +0.05%
2021 $395,900 $395,900 3.734 $14,783 -1.74%
2020 $395,900 $395,900 3.8 $15,044 -18.12%
2019 $488,500 $488,500 3.761 $18,372 +1.84%
2018 $488,500 $488,500 3.693 $18,040 +3.74%
2017 $488,500 $488,500 3.56 $17,391 +3.49%
2016 $488,500 $488,500 3.44 $16,804 +3.96%

Permit information for 249 Ml King Boulevard, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
12,358
Median age
33.7
Average household income
$66,509
Family households
36.4%
People per household (average)
1.66
Occupied housing units
6,270
Owner-occupied units
6.0%
Median year structure built
1965
Median value mortgaged units
$441,900

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 249 Ml King Boulevard, Newark, NJ 07102 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

When was 249 Ml King Boulevard, Newark, NJ 07102 last sold and what was the sale price?

249 Ml King Boulevard, Newark, NJ 07102 was last sold on 02/25/2016 for $400,000.

What is the assessed value of 249 Ml King Boulevard, Newark, NJ 07102?

249 Ml King Boulevard, Newark, NJ 07102 is currently assessed at $395,900.

What are the property taxes for 249 Ml King Boulevard, Newark, NJ 07102?

The property taxes for 249 Ml King Boulevard, Newark, NJ 07102 total $15,832.

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