Essex County  »  07105  »  South St  »  487-493 South St

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

Also known as: 487-493 South St

Property image for 487-493 South Street, Newark, NJ 07105
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Property type

Vacant Land (1)

Acreage

1.418

Sale price

$930,000

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
487-493 South Street
ZIP code
07105
County
Essex
Block
5088
Lot
50
Neighborhood
South Ironbound
Municipality
714
Parcel ID
5088-50

Owner

Find out who owns 487-493 South Street, Newark, NJ 07105. Uncover corporate and individual owners with a free account.

Sales
Sale date
04/30/2021
Sale price
$930,000
Arm's length
Tax
Tax year
2026
Current property tax
$15,996
Building
Property type
Vacant Land (1)
Exterior structural material
Lot
Acreage
1.418
Zoning & Use
Zoning

Area overview

Walk score
53 /100.  Somewhat Walkable
Transit score
50 /100.  Good Transit
Bike score
38 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 487-493 South Street, Newark, NJ

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

Sales history for 487-493 South Street, Newark, NJ 07105

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/17/2021 - R Mortgage XXX-XXX XXXXX XXXXXX XXX XXXXX XXXXXX XXXXXX XXXXXXX XXXXXXXXX XXXXXXX
05/17/2021 - R Mortgage XXX-XXX XXXXX XXXXXX XXX XXXXX XXXXXX XXXXXX XXXXXXX XXXXXXXXX XXXXXXX
05/17/2021 - R
04/30/2021 - D
Deed and Realty Tax Fees XXXXXX XXXXXX XXX-XXX XXXXX XXXXXX, XXX
01/06/2015 - R
11/25/2014 - D
Deed and Realty Tax Fees XXXXXX XXXXXXX XXXXXXXXX XXXXX XXXXXX XXXXXX, XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 487-493 South Street, 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
$15,996
Recent tax assessments
Market value
$400,000
Land value
$400,000

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 $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%
2020 $400,000 $400,000 3.8 $15,200 +1.04%
2019 $400,000 $400,000 3.761 $15,044 +1.84%
2018 $400,000 $400,000 3.693 $14,772 +3.74%
2017 $400,000 $400,000 3.56 $14,240 -16.59%
2016 $496,300 $496,300 3.44 $17,073 +3.96%

Permit information for 487-493 South Street, 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 487-493 South Street, Newark, NJ 07105 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)
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
South Street Elementary School 4 Public PK, K-8 864 0.89
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
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 middle schools

Name Rating Type Grade range No of students Distance (miles)
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
Alpha and Omega NR Private PK-11 56 1.08
Gray Charter School 9 Charter K-8 344 1.17
Newark Boys Chorus School NR Private 3-8 47 1.26
United Academy NR Private PK, K-8 0 1.29
Link Community Charter School 6 Charter K-1, 5-8 339 1.32
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
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
St. James Preparatory School NR Private 8-12 0 1.65
Arts High School 3 Public 9-12 593 1.70
St. Benedict's Preparatory School NR Private K-12 749 1.78
American History High School 1 Public 9-12 373 1.82
North Star Academy Charter School of Newark 6 Charter K-12 6,352 1.85

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

Frequently asked questions

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

The current market value of 487-493 South Street, Newark, NJ 07105 is $400,000.

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