Essex County  »  07102  »  Ml King Blvd  »  251 Ml King Blvd

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

Also known as: 251 Ml King Blvd

Property image for 251 Ml King Boulevard, Newark, NJ 07102
static Mapbox map

Property type

Commercial (4A)

Acreage

0.062

Sale price

$63,000,000

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
251 Ml King Boulevard
ZIP code
07102
County
Essex
Block
2857
Lot
10
Neighborhood
Downtown Newark
Municipality
714
Qualifier
Parcel ID
2857-10

Owner

Find out who owns 251 Ml King Boulevard, Newark, NJ 07102. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/02/2016
Sale price
$63,000,000
Arm's length
Tax
Tax year
2026
Current property tax
$2,223
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

Ownership information for 251 Ml King Boulevard, Newark, NJ

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

Sales history for 251 Ml King Boulevard, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
05/02/2016 $63,000,000 XXX XX XXXXXX XXX XXXXX XXXXXXXXXX XXXXXXXX
08/20/1993 $7,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/11/2016 - R
05/02/2016 - D		 Deed and Realty Tax Fees XXXXX XXXXXXXXXX XXXXXXXX XXX XX XXXXXX XXX
08/20/1993 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 251 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
$2,223
Recent tax assessments
Market value
$55,600
Land value
$50,700
Building value
$4,900

More about Essex County property taxes

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 $55,600 $55,600 3.999 $2,223 +5.15%
2024 $55,600 $55,600 3.803 $2,114 +2.01%
2023 $55,600 $55,600 3.728 $2,073 -0.21%
2022 $55,600 $55,600 3.736 $2,077 +0.05%
2021 $55,600 $55,600 3.734 $2,076 -1.74%
2020 $55,600 $55,600 3.8 $2,113 +1.04%
2019 $55,600 $55,600 3.761 $2,091 +1.84%
2018 $55,600 $55,600 3.693 $2,053 +3.74%
2017 $55,600 $55,600 3.56 $1,979 +3.49%
2016 $55,600 $55,600 3.44 $1,913 +3.96%
Permits

Permit information for 251 Ml King Boulevard, Newark, NJ

No recently recorded permits for this property.

Neighborhood

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
View daily traffic map

Access the detailed traffic volume map for 251 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.

Neighbors for 251 Ml King Boulevard, Newark, NJ

257 Ml King Blvd, Newark 121 James St, Newark 245 Ml King Blvd, Newark 111-119 Sussex Ave, Newark 2-4 Nesbitt St, Newark 180-248 Orange St, Newark 40-44 Nesbitt St, Newark 111 James St, Newark 249 Ml King Blvd, Newark 237-239 Ml King Blvd, Newark 115 James St, Newark 247 Ml King Blvd, Newark 113 James St, Newark 219-235 Ml King Blvd, Newark 253-255 Ml King Blvd, Newark 117 James St, Newark 119 James St, Newark 241-243 Ml King Blvd, Newark 123 James St, Newark 125 James St, Newark

Nearby ZIP codes for 251 Ml King Boulevard, Newark, NJ

07003, Essex County, NJ 07017, Essex County, NJ 07018, Essex County, NJ 07028, Essex County, NJ 07031, Bergen County, NJ 07032, Hudson County, NJ 07050, Essex County, NJ 07103, Essex County, NJ 07104, Essex County, NJ 07105, Essex County, NJ 07106, Essex County, NJ 07107, Essex County, NJ 07108, Essex County, NJ 07109, Essex County, NJ 07111, Essex County, NJ 07112, Essex County, NJ 07114, Essex County, NJ 07201, Union County, NJ 07205, Union County, NJ

Frequently asked questions

When was 251 Ml King Boulevard, Newark, NJ 07102 last sold and what was the sale price?

251 Ml King Boulevard, Newark, NJ 07102 was last sold on 05/02/2016 for $63,000,000.

What is the assessed value of 251 Ml King Boulevard, Newark, NJ 07102?

251 Ml King Boulevard, Newark, NJ 07102 is currently assessed at $55,600.

What are the property taxes for 251 Ml King Boulevard, Newark, NJ 07102?

The property taxes for 251 Ml King Boulevard, Newark, NJ 07102 total $2,223.

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