Essex County  »  07112  »  Elizabeth Ave  »  489-505 Elizabeth Ave

489-505 Elizabeth Avenue, Newark, NJ 07112 - Property report

Also known as: 489-505 Elizabeth Ave

Property image for 489-505 Elizabeth Avenue, Newark, NJ 07112
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Property type

Apartment-Other (029)

Year built

1950

Acreage

0.987

Sale price

$175,000

General information

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Address
Primary address
489-505 Elizabeth Avenue
ZIP code
07112
County
Essex
Block
3637
Lot
98
Neighborhood
Weequahic
Municipality
714
Parcel ID
3637-98

Owner

Find out who owns 489-505 Elizabeth Avenue, Newark, NJ 07112. Uncover corporate and individual owners with a free account.

Sales
Sale date
11/04/1994
Sale price
$175,000
Arm's length
Tax
Tax year
2026
Current property tax
$167,470
Building
Property type
Apartment-Other (029)
Year built
1950
Lot
Acreage
0.987
Zoning & Use
Zoning

Area overview

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

Ownership information for 489-505 Elizabeth Avenue, Newark, NJ

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

Sales history for 489-505 Elizabeth Avenue, Newark, NJ 07112

Sale date Sale price Buyer name Seller name
11/04/1994 $175,000

*Most recent sale on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/04/1994 - D Deed and Realty Tax Fees

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Property taxes for 489-505 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
$167,470
Recent tax assessments
Market value
$4,187,800
Land value
$526,600
Building value
$3,661,200

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 $526,600 $526,600 3.999 $21,059 +5.15%
2024 $526,600 $526,600 3.803 $20,027 +2.01%
2023 $526,600 $526,600 3.728 $19,632 -0.21%
2022 $526,600 $526,600 3.736 $19,674 +0.05%
2021 $526,600 $526,600 3.734 $19,663 -1.74%
2020 $526,600 $526,600 3.8 $20,011 +1.04%
2019 $526,600 $526,600 3.761 $19,805 +1.84%
2018 $526,600 $526,600 3.693 $19,447 +3.74%
2017 $526,600 $526,600 3.56 $18,747 +3.49%
2016 $526,600 $526,600 3.44 $18,115 +3.96%

Permit information for 489-505 Elizabeth Avenue, Newark, NJ

No recently recorded permits for this property.

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 489-505 Elizabeth Avenue, Newark, NJ 07112 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
B.R.I.C.K. Peshine Academy 2 Public PK, K-8 503 0.23
B.R.I.C.K. Peshine Academy 2 Public PK, K-8 503 0.23
Calvary Christian School NR Private PK, K-8 75 0.36
Calvary Christian School NR Private PK, K-8 75 0.36
Belmont-Runyon Elementary School 1 Public PK, K-8 539 0.55
Belmont-Runyon Elementary School 1 Public PK, K-8 539 0.55
Bruce Street H. NR Public PK, K-8 41 0.80
Bruce Street H. NR Public PK, K-8 41 0.80
George Washington Carver Elementary School 2 Public PK, K-8 486 0.80
George Washington Carver Elementary School 2 Public PK, K-8 486 0.80
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
B.R.I.C.K. Peshine Academy 2 Public PK, K-8 503 0.23
Calvary Christian School NR Private PK, K-8 75 0.36
Belmont-Runyon Elementary School 1 Public PK, K-8 539 0.55
Bruce Street H. NR Public PK, K-8 41 0.80
George Washington Carver Elementary School 2 Public PK, K-8 486 0.80
Hawthorne Avenue Elementary School 2 Public PK, K-8 393 0.87
Achieve Community Charter School 4 Charter K-8 450 0.89
N J Reg Day School Newark NR Public K-12 115 0.98
Eagle Academy for Young Men of Newark 1 Public 7-12 140 1.00
University High School 5 Public 7-12 426 1.00
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Malcolm X Shabazz High School 2 Public 9-12 272 0.84
N J Reg Day School Newark NR Public K-12 115 0.98
Weequahic High School 1 Public 9-12 454 1.00
Eagle Academy for Young Men of Newark 1 Public 7-12 140 1.00
University High School 5 Public 7-12 426 1.00
Newark Innovation Academy NR Public 9-12 23 1.29
Central High School 1 Public 9-12 894 1.49
Dr Thomas Christian Academy NR Private PK, K-12 0 1.55
American History High School 1 Public 9-12 373 1.67
Newark Vocational High School 1 Public 9-12 583 1.72

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 489-505 Elizabeth Avenue, Newark, NJ 07112?

The development at 489-505 Elizabeth Avenue, Newark, NJ 07112 was built in 1950.

When was 489-505 Elizabeth Avenue, Newark, NJ 07112 last sold and what was the sale price?

489-505 Elizabeth Avenue, Newark, NJ 07112 was last sold on 11/04/1994 for $175,000.

What is the assessed value of 489-505 Elizabeth Avenue, Newark, NJ 07112?

489-505 Elizabeth Avenue, Newark, NJ 07112 is currently assessed at $4,187,800.

What are the property taxes for 489-505 Elizabeth Avenue, Newark, NJ 07112?

The property taxes for 489-505 Elizabeth Avenue, Newark, NJ 07112 total $167,470.

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