Essex County  »  07114  »  Frontage Rd  »  128-148 Frontage Rd

128-148 Frontage Road, Newark, NJ 07114 - Property report

Also known as: 128-148 Frontage Rd

Property image for 128-148 Frontage Road, Newark, NJ 07114
static Mapbox map

Property type

Hotel (280)

Acreage

7.502

Sale price

$50,668,916

General information

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Address
Primary address
128-148 Frontage Road
ZIP code
07114
County
Essex
Block
5088
Lot
157
Neighborhood
South Ironbound
Municipality
714
Qualifier
Parcel ID
5088-157

Owner

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Sales
Sale date
05/01/2018
Sale price
$50,668,916
Arm's length
Tax
Tax year
2026
Current property tax
$799,800
Building
Property type
Hotel (280)
Building sq. ft.
710
Exterior structural material
Lot
Acreage
7.502
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
28 /100.  Car-Dependent
Transit score
48 /100.  Some Transit
Bike score
35 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 128-148 Frontage Road, Newark, NJ

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

Sales history for 128-148 Frontage Road, Newark, NJ 07114

Sale date Sale price Buyer name Seller name
05/01/2018 $50,668,916 XXX XXXXXX XXXXX XXX XXXX XXXXXX XXX
05/25/2016 $10 XXXX XXXXXX XXX XXXXXXXX XXXXXXXXXX
05/11/2006 $10 XXXXXXXX XXXXXXXXXX XXXXXX, XXX XXXXXXXXX XXXXX XXXXXXX XXXXXXXXXXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/25/2021 - R Mortgage XXX XXXXXX XXXXX XXX XXXX XXXX
10/25/2021 - R Mortgage XXXXXXXXX XXXXXXXX XXXXXXXX, X.X
06/05/2018 - R
05/01/2018 - D
Deed and Realty Tax Fees XXXX XXXXXX XXX XXX XXXXXX XXXXX XXX
06/09/2016 - R
05/25/2016 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXXXXXX XXXX XXXXXX XXX
06/12/2006 - R
05/11/2006 - D
Deed and Realty Tax Fees XXXXXXXXX XXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXX, XXX
08/08/1996 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 128-148 Frontage Road, 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
$799,800
Recent tax assessments
Market value
$20,000,000
Land value
$15,090,000
Building value
$4,910,000

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 $21,000,000 $21,000,000 3.999 $839,790 +5.15%
2024 $21,000,000 $21,000,000 3.803 $798,630 +2.01%
2023 $21,000,000 $21,000,000 3.728 $782,880 -0.21%
2022 $21,000,000 $21,000,000 3.736 $784,560 +0.05%
2021 $21,000,000 $21,000,000 3.734 $784,140 -1.74%
2020 $21,000,000 $21,000,000 3.8 $798,000 -43.76%
2019 $37,725,000 $37,725,000 3.761 $1,418,837 +1.84%
2018 $37,725,000 $37,725,000 3.693 $1,393,184 +3.74%
2017 $37,725,000 $37,725,000 3.56 $1,343,010 +3.49%
2016 $37,725,000 $37,725,000 3.44 $1,297,740 +3.96%

Permit information for 128-148 Frontage Road, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
13,670
Median age
35.7
Average household income
$58,546
Family households
55.2%
People per household (average)
2.39
Occupied housing units
4,401
Owner-occupied units
20.3%
Median year structure built
1971
Median value mortgaged units
$424,000

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 128-148 Frontage Road, Newark, NJ 07114 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 128-148 Frontage Road, Newark, NJ 07114?

The current market value of 128-148 Frontage Road, Newark, NJ 07114 is $20,000,000.

What is the total square footage of 128-148 Frontage Road, Newark, NJ 07114?

128-148 Frontage Road, Newark, NJ 07114 has a total of 710 square feet.

What is the price per square foot for this property?

$71,364 per square foot is the price for 128-148 Frontage Road, Newark, NJ 07114.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 496.

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