| Primary address | 42-46 Smith Street, Newark |
| Zip code | 07106 |
| County | Essex |
| Municipality | Newark City |
| Block | 4201 |
| Lot | 45 |
| Neighborhood | Vailsburg |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/19/2023 |
| Sale price | $1 |
| Arm's length | Register |
| Property tax | $14,132 |
| Building sqft | 543 |
| Building class | Commercial-Other (100) |
| Acreage | 0.172 |
| Units | 8 |
| Stories | 2 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Commercial-Other (100) located at 42-46 Smith Street, Newark, NJ 07106 has a total of 543 square feet.
What is the assessed value of 42-46 Smith Street, Newark, NJ 07106 and the property tax paid?Assessed at $353,400, the tax amount paid for 42-46 Smith Street, Newark, NJ 07106 is $14,132.
When was 42-46 Smith Street, Newark, NJ 07106 last sold and what was the last sale price?42-46 Smith Street, Newark, NJ 07106 was last sold in 09/19/2023 for $1.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Sale |
|---|---|
| Listing date | 04/01/2026 |
| Last updated | 04/02/2026 |
| Lot size | 0.1722 Acre |
Well-located 8-unit multifamily asset in Newark’s West Ward, offering strong in-place income with upside through renovation and operational improvements. Situated on an oversized 75’ x 100’ lot with potential for future repositioning.Well-located 8-unit multifamily property at 42–46 Smith Street in Newark, NJ. The asset is fully occupied with month-to-month tenancies, providing immediate cash flow and flexibility for repositioning. The property sits on an oversized 75’ x 100’ lot with a relatively low existing footprint, offering potential for future expansion or redevelopment (subject to zoning). Investors have the opportunity to enhance value through targeted capital improvements and operational optimization. Ideal for value-add investors seeking to increase rents, improve efficiencies, and capitalize on long-term appreciation in a growing Newark submarket.
Create a free account to view the complete sales history for 42-46 Smith Street, Newark, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 42-46 Smith Street, Newark, NJ 07106. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $14,132 |
| Market value | $353,400 |
Here's the assessment & property tax history for 42-46 Smith 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 |
|---|---|---|---|---|---|
| 2025 | $353,400 | $353,400 | 3.999 | $14,132 | +5.15% |
| 2024 | $353,400 | $353,400 | 3.803 | $13,440 | +2.01% |
| 2023 | $353,400 | $353,400 | 3.728 | $13,175 | -0.21% |
| 2022 | $353,400 | $353,400 | 3.736 | $13,203 | +0.05% |
| 2021 | $353,400 | $353,400 | 3.734 | $13,196 | -1.74% |
| Total population | 36,383 |
| Median age | 35.4 |
| Average household income | $79,734 |
| Family households | 66.6% |
| Occupied housing units | 12,944 |
| Owner occupied units | 35.4% |
| Average number of people per household | 2.81 |
| Median year structure built | 1952 |
| Median value for units with a mortgage | $362,500 |
| Median value for units without a mortgage | $315,300 |
Create a free account to unlock extended information for 42-46 Smith 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 |
Access the detailed traffic volume map for 42-46 Smith Street, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 42-46 Smith Street, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 34 Smith St, Newark | 1,802 | 09/13/2016 | $138,720 |
| 32 Smith St, Newark | 828 | 06/04/2025 | |
| 20 Smith St, Newark | 2,716 | 11/13/2006 | $1 |
| 16 Smith St, Newark | 2,128 | 10/04/2023 | $425,607 |
| 22-26 Smith St, Newark | 648 | 04/28/1992 | |
| 56-58 Smith St, Newark | 7,644 | 01/11/2005 | $283,250 |
| 62 Smith St, Newark | 4,290 | 04/06/2006 | $442,000 |
| 97-99 Telford St, Newark | 3,512 | 03/05/2018 | $255,000 |
| 101 Telford St, Newark | 4,196 | 01/19/2022 | |
| 28-30 Smith St, Newark | 3,067 | 03/09/2021 | |
| 52 Smith St, Newark | 2,961 | 05/21/2024 | |
| 54 Smith St, Newark | 3,080 | 07/05/2018 | $1 |
| 38-40 Smith St, Newark | 2,100 | 09/30/2014 | $10 |
| 64-66 Smith St, Newark | 2,208 | 01/12/1994 | |
| 14 Smith St, East Orange | 3,456 | 11/29/2017 | $1 |
| 103-105 Telford St, Newark | 2,208 | 08/18/2011 | $1 |
| 91-93 Telford St, Newark | 1,104 | 06/06/1994 | $74,000 |
| 36 Smith St, Newark | 3,458 | 06/24/2013 | $1 |
| 18 Smith St, Newark | 4,421 | 09/08/2006 | $1 |
| 48-50 Smith St, Newark | 3,294 | 01/24/2019 | $321,500 |