Essex County  »  07052  »  Prospect Ave  »  495 Prospect Ave

495 Prospect Avenue, West Orange, NJ 07052 - Property report

Also known as: 495 Prospect Ave

Property image for 495 Prospect Avenue, West Orange, NJ 07052
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Property type

Store-Shopping Center (733)

Acreage

33.6

Sale price

$97,850,000

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
495 Prospect Avenue
ZIP code
07052
County
Essex
Block
155.21
Lot
40
Municipality
722
Qualifier
Parcel ID
155.21-40

Owner

Find out who owns 495 Prospect Avenue, West Orange, NJ 07052. Uncover corporate and individual owners with a free account.

Sales
Sale date
03/01/2016
Sale price
$97,850,000
Arm's length
Tax
Tax year
2026
Current property tax
$3,195,351
Building
Property type
Store-Shopping Center (733)
Building sq. ft.
134,114
Exterior structural material
Lot
Acreage
33.6
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
59 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
38 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 495 Prospect Avenue, West Orange, NJ

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

Sales history for 495 Prospect Avenue, West Orange, NJ 07052

Sale date Sale price Buyer name Seller name
03/01/2016 $97,850,000 XXXX XXXXX XXXXX XXX,%XXXXXXX XXXXX XXXXX XXXXXXX XXXX X
07/06/2006 $88,225,000 XXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXXX XXXX XXXXXXXXX
10/21/2002 $52,925,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
02/22/2022 - R
10/29/2021 - D		 Memorandum of Lease XXXXXXX XXXX XXXXXXXXXX XXXX XXXXXXXX, X.X XXXXXXXXXX XXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
12/10/2021 - R
02/25/2021 - D		 Memorandum of Lease XXXX-XXXXX XXXXX XXX XXXXXXXXX XXXXXXXXXXX
03/03/2016 - R
03/01/2016 - D		 Deed and Realty Tax Fees XXXXX XXXXXXX XXXX X XXXX XXXXX XXXXX XXX,XXXXXXX XXXXX
07/13/2006 - R
07/06/2006 - D		 Deed and Realty Tax Fees XXXXXXXXXX XXXX XXXXXXXXX XXXXX XXXXXXX XXXX XXX XXXX
10/21/2002 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 495 Prospect Avenue, West Orange, 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
$3,195,351
Recent tax assessments
Market value
$121,635,000
Land value
$20,160,000
Building value
$101,475,000

More about Essex County property taxes

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 $121,635,000 $121,635,000 2.627 $3,195,351 +13.02%
2024 $60,357,100 $60,357,100 4.684 $2,827,127 +1.87%
2023 $60,357,100 $60,357,100 4.598 $2,775,219 +3.63%
2022 $60,357,100 $60,357,100 4.437 $2,678,045 -12.58%
2021 $70,357,100 $70,357,100 4.354 $3,063,348 +1.63%
2020 $70,357,100 $70,357,100 4.284 $3,014,098 -3.88%
2019 $75,357,100 $75,357,100 4.161 $3,135,609 +3.05%
2018 $75,357,100 $75,357,100 4.038 $3,042,920 +1.30%
2017 $75,357,100 $75,357,100 3.986 $3,003,734 +2.47%
2016 $75,357,100 $75,357,100 3.89 $2,931,391 +1.91%
Permits

Permit information for 495 Prospect Avenue, West Orange, NJ

No recently recorded permits for this property.

Neighborhood

Demographics by ZIP code

Total population
48,620
Median age
41
Average household income
$175,674
Family households
71.2%
People per household (average)
2.79
Occupied housing units
17,184
Owner-occupied units
69.2%
Median year structure built
1956
Median value mortgaged units
$570,900
Median value unmortgaged units
$521,700

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
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Access the detailed traffic volume map for 495 Prospect Avenue, West Orange, NJ 07052 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 495 Prospect Avenue, West Orange, NJ

1 A Buckingham Rd, West Orange 1 B Buckingham Rd, West Orange 37 Old Indian Rd, West Orange 1 C Buckingham Rd, West Orange 1 H Buckingham Rd, West Orange 97 Old Indian Rd, West Orange 1 G Buckingham Rd, West Orange 1 E Buckingham Rd, West Orange 1 F Buckingham Rd, West Orange 29 Old Indian Rd, West Orange 39 Old Indian Rd, West Orange 1 M Buckingham Rd, West Orange 33 Old Indian Rd, West Orange 41 Old Indian Rd, West Orange 31 Old Indian Rd, West Orange 57 Old Indian Rd, West Orange 40 MT Pleasant Pl, West Orange 1 K Buckingham Rd, West Orange 1 J Buckingham Rd, West Orange 109-115 Old Indian Rd, West Orange

Nearby ZIP codes for 495 Prospect Avenue, West Orange, NJ

07003, Essex County, NJ 07006, Essex County, NJ 07009, Essex County, NJ 07017, Essex County, NJ 07021, Essex County, NJ 07028, Essex County, NJ 07039, Essex County, NJ 07041, Essex County, NJ 07042, Essex County, NJ 07043, Essex County, NJ 07044, Essex County, NJ 07050, Essex County, NJ 07068, Essex County, NJ 07079, Essex County, NJ 07088, Union County, NJ 07106, Essex County, NJ 07107, Essex County, NJ 07111, Essex County, NJ

Frequently asked questions

What is the market value of 495 Prospect Avenue, West Orange, NJ 07052?

The current market value of 495 Prospect Avenue, West Orange, NJ 07052 is $121,635,000.

What is the total square footage of 495 Prospect Avenue, West Orange, NJ 07052?

495 Prospect Avenue, West Orange, NJ 07052 has a total of 134,114 square feet.

What is the price per square foot for this property?

$729 per square foot is the price for 495 Prospect Avenue, West Orange, NJ 07052.

How many active listings does 495 Prospect Avenue, West Orange, NJ 07052 have?

This address has 5 active listing(s).

Disclaimer

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