Union County  »  07066  »  Lake Ave  »  1040 Lake Ave

1040 Lake Avenue, Clark, NJ 07066 - Property report

Also known as: 1040 Lake Ave

Property image for 1040 Lake Avenue, Clark, NJ 07066
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Property type

Commercial (4A)

Year built

1930

Acreage

0.964

Sale price

$2,100,000

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
1040 Lake Avenue
ZIP code
07066
County
Union
Block
29
Lot
1
Municipality
2002
Qualifier
Parcel ID
29-1

Owner

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Sales
Sale date
07/23/2024
Sale price
$2,100,000
Arm's length
Tax
Tax year
2026
Current property tax
$18,785
Building
Property type
Commercial (4A)
Building sq. ft.
3,400
Year built
1930
Exterior structural material
Lot
Acreage
0.964
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
33 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
26 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 1040 Lake Avenue, Clark, NJ

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

Sales history for 1040 Lake Avenue, Clark, NJ 07066

Sale date Sale price Buyer name Seller name
07/23/2024 $2,100,000 XXXXXXXXXX XXXXXX XXX X X XXXXXXXX XXXXX XXX
09/27/2017 $2,000,000 X X XXXXXXXX XXXXX XXX XXX XXXXX XXXXXXXXXXX,XXX
03/16/2007 $1 XXX XXXXX XXXXXXXXXXX,XXX XXXXXXX,XXXXXXXXXXX X&XXXXXXX X

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
08/06/2024 - R
07/23/2024 - D		 Mortgage XXXXXXXXXX XXXXXX XXX XXX XXXXXXXXX XXXX
08/06/2024 - R
07/23/2024 - D		 Mortgage XXXXXXXXXX XXXXXX XXX XXX XXXXXXXXX XXXX
08/06/2024 - R
07/23/2024 - D		 Mortgage XXXXXXXXXX XXXXXX XXX XXX XXXXXXXXX XXXX
08/06/2024 - R
07/23/2024 - D		 Deed and Realty Tax Fees X X XXXXXXXX XXXXX XXX XXXXXXXXXX XXXXXX XXX
11/12/2021 - R
09/30/2021 - D		 Mortgage XXXXX XXXXXXX XXX XXX XXX XXXX
11/12/2021 - R
09/28/2021 - D		 Mortgage XXXXX XXXXXXX XXX XXX XXX XXXX
01/10/2018 - R
09/27/2017 - D		 Deed and Realty Tax Fees XXX XXXXX XXXXXXXXXXX,XXX X X XXXXXXXX XXXXX XXX
04/19/2007 - R
03/16/2007 - D		 Deed and Realty Tax Fees XXXXXXX,XXXXXXXXXXX X&XXXXXXX X XXX XXXXX XXXXXXXXXXX,XXX
03/15/2007 - R
03/08/2007 - D		 Deed and Realty Tax Fees XXXXXXX'X XXX XXXXX XXXXXXX,XXX XXXXXXX,XXXXXXXXXX X&XXXXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1040 Lake Avenue, Clark, 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
$18,785
Recent tax assessments
Market value
$827,900
Land value
$430,100
Building value
$397,800

More about Union 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 $827,900 $827,900 2.269 $18,785 +2.48%
2024 $827,900 $827,900 2.214 $18,330 +1.51%
2023 $827,900 $827,900 2.181 $18,056 +2.97%
2022 $827,900 $827,900 2.118 $17,535 -21.39%
2021 $250,900 $250,900 8.89 $22,305 +1.66%
2020 $250,900 $250,900 8.745 $21,941 +1.02%
2019 $250,900 $250,900 8.657 $21,720 +1.22%
2018 $250,900 $250,900 8.553 $21,459 +1.63%
2017 $250,900 $250,900 8.416 $21,116 +3.82%
2016 $250,900 $250,900 8.106 $20,338 +1.02%
Permits

Permit information for 1040 Lake Avenue, Clark, NJ

No recently recorded permits for this property.

Neighborhood

Demographics by ZIP code

Total population
15,622
Median age
42.9
Average household income
$152,086
Family households
70.3%
People per household (average)
2.62
Occupied housing units
5,929
Owner-occupied units
76.6%
Median year structure built
1961
Median value mortgaged units
$631,500
Median value unmortgaged units
$580,200

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1040 Lake Avenue, Clark, NJ 07066 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 1040 Lake Avenue, Clark, NJ

36 Armstrong Dr, Clark 505 Raritan Rd, Clark 1026 Lake Ave, Clark 16 Armstrong Dr, Clark 942 Lake Ave, Clark 1016 Lake Ave, Clark 492 Raritan Rd, Clark 948 Lake Ave, Clark 498 Raritan Rd, Clark 15 Ayers Ln, Clark 478 Raritan Rd, Clark 516 Raritan Rd, Clark 24 Armstrong Dr, Clark 1020 Lake Ave, Clark 39 Ayers Ln, Clark 486 Raritan Rd, Clark 504 Raritan Rd, Clark 510 Raritan Rd, Clark 1 Ayers Ln, Clark 7 Ayers Ln, Clark

Nearby ZIP codes for 1040 Lake Avenue, Clark, NJ

07001, Middlesex County, NJ 07016, Union County, NJ 07023, Union County, NJ 07027, Union County, NJ 07033, Union County, NJ 07062, Union County, NJ 07064, Middlesex County, NJ 07067, Middlesex County, NJ 07076, Union County, NJ 07081, Union County, NJ 07090, Union County, NJ 07092, Union County, NJ 07095, Middlesex County, NJ 07203, Union County, NJ 07204, Union County, NJ 08820, Middlesex County, NJ 08830, Middlesex County, NJ 08840, Middlesex County, NJ

Frequently asked questions

What is the year built for 1040 Lake Avenue, Clark, NJ 07066?

The development at 1040 Lake Avenue, Clark, NJ 07066 was built in 1930.

What is the total square footage of 1040 Lake Avenue, Clark, NJ 07066?

1040 Lake Avenue, Clark, NJ 07066 has a total of 3,400 square feet.

When was 1040 Lake Avenue, Clark, NJ 07066 last sold and what was the sale price?

1040 Lake Avenue, Clark, NJ 07066 was last sold on 07/23/2024 for $2,100,000.

What is the assessed value of 1040 Lake Avenue, Clark, NJ 07066?

1040 Lake Avenue, Clark, NJ 07066 is currently assessed at $827,900.

What are the property taxes for 1040 Lake Avenue, Clark, NJ 07066?

The property taxes for 1040 Lake Avenue, Clark, NJ 07066 total $18,785.

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