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487-493 South Street, Newark, NJ 07105 Property Information

487-493 South Street, Newark, NJ 07105 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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487-493 South Street, Newark, NJ 07105
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Address

Primary address 487-493 South Street, Newark
Zip code 07105
County Essex
Municipality Newark City
Block 5088
Lot 50
Neighborhood South Ironbound

Sales & Tax Overview for 487-493 South Street, Newark

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 04/30/2021
Sale price $930,000
Arm's length
Property tax $15,996

Lot & Building Information for 487-493 South Street, Newark

Building class Vacant Land (1)
Acreage 1.418
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Heavy Industrial (I-H)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 487-493 South Street, Newark

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About 487-493 South Street, Newark

What is the market value of 487-493 South Street, Newark, NJ 07105?

The current market value is $400,000.

Ownership Information

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Past Sales & Property History for 487-493 South Street, Newark

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Purchase date Purchase price Buyer name Seller name
04/30/2021 $930,000
11/25/2014 $300,000
       
       
       
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Title Documents for 487-493 South Street, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
05/17/2021 - R Mortgage
05/17/2021 - R Mortgage
04/30/2021 - D
05/17/2021 - R
Deed and Realty Tax Fees
11/25/2014 - D
01/06/2015 - R
Deed and Realty Tax Fees
                   
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R: Recorded date
D: Document date

Property Taxes for 487-493 South Street, Newark

Access detailed property tax data for 487-493 South Street, Newark, NJ 07105. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $15,996
Market value $400,000

Assessment History for 487-493 South Street, Newark

Here's the assessment & property tax history for 487-493 South 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 $400,000 $400,000 3.999 $15,996 +5.15%
2024 $400,000 $400,000 3.803 $15,212 +2.01%
2023 $400,000 $400,000 3.728 $14,912 -0.21%
2022 $400,000 $400,000 3.736 $14,944 +0.05%
2021 $400,000 $400,000 3.734 $14,936 -1.74%

Risk

Create a free account to unlock extended information for 487-493 South 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

Transportation

Access the detailed traffic volume map for 487-493 South Street, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Ironbound Academy Elementary School NR Public K-4 190 0.45
Ann Street Elementary School 5 Public K-8 1,200 0.47
Wilson Avenue Elementary School 6 Public K-8 1,099 0.78
East Ward Elementary School 1 Public PK, K-5 666 0.84
East Ward Elementary School 1 Public PK, K-5 666 0.84

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Ann Street Elementary School 5 Public K-8 1,200 0.47
Wilson Avenue Elementary School 6 Public K-8 1,099 0.78
South Street Elementary School 4 Public PK, K-8 864 0.89
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.96
Oliver Street Elementary School 6 Public PK, K-8 1,045 0.96

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
East Side High School 2 Public 9-12 2,255 0.52
Alpha and Omega NR Private PK-11 56 1.08
Great Oaks Charter School 4 Charter PK, K-12 2,012 1.41
Team Academy Charter School 5 Charter K-12 6,096 1.63
Alif Muhammad's Nia School NR Private 8-12 116 1.65

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 487-493 South Street, Newark

Here are the neighbors for 487-493 South Street, Newark.

Address Square feet Purchase date Purchase price
2-38 International Way, Newark 73,663 01/27/2026
378-382 Adams St, Newark 01/28/2026
86 Rear Haynes Ave, Newark
88-98 Haynes Ave, Newark 01/27/2026
397-413 South St, Newark 6,511 06/09/2016 $1
78-82 Wheeler Point Rd, Newark 710 10/25/2019 $1,300,000
398-414 Adams St, Newark 15,514 10/02/1984 $145,000
146 Haynes Ave, Newark 11/18/2003 $5,633,000
361-371 South St, Newark 01/15/2013 $4,400,000
385-395 South St, Newark 12/29/1983
100-144 Haynes Ave, Newark 01/27/2026
270-286 Haynes Ave, Newark 276,456 05/03/2012 $12,323,336
373-395 S St R, Newark 07/08/2016 $220,000
391-413 S St R, Newark 25,000 12/29/1983
396-416 Adams St, Newark 11,126 01/28/2026
84-90 Wheeler Point Rd, Newark 710 10/25/2019 $1,300,000
38-42 Bay Ave, Newark 12/28/2012
384-394 Adams St, Newark 10,719 01/28/2026
385-389 Rear South St, Newark 4,551 12/29/1983
418-440 Adams St, Newark 03/31/2006 $1,100,000

Nearby ZIP Codes for 487-493 South Street, Newark

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