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48 Commerce Drive, New Providence, NJ 07974 Property Information

48 Commerce Drive, New Providence, NJ 07974 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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48 Commerce Drive, New Providence, NJ 07974
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Address

Primary address 48 Commerce Drive, New Providence
Zip code 07974
County Union
Municipality New Providence Borough
Block 210
Lot 33

Sales & Tax Overview for 48 Commerce Drive, New Providence

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

Sale date 01/12/2009
Sale price $1
Arm's length
Property tax $70,279

Lot & Building Information for 48 Commerce Drive, New Providence

Building sqft 31,948
Building class Industrial (4B)
Acreage 5.007
Year built 1965
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 48 Commerce Drive, New Providence

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  • • Improvements for 48 Commerce Drive, New Providence , including their type, square footage, grade and when they were built.
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About 48 Commerce Drive, New Providence

How many square feet does 48 Commerce Drive, New Providence, NJ 07974 have?

This Industrial (4B) located at 48 Commerce Drive, New Providence, NJ 07974 has a total of 31,948 square feet.

What is the year built & the current market value of 48 Commerce Drive, New Providence, NJ 07974?

48 Commerce Drive, New Providence, NJ 07974 was built in 1965 and has a current tax assessor's market value of $1,340,700.

Ownership Information

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Past Sales & Property History for 48 Commerce Drive, New Providence

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Purchase date Purchase price Buyer name Seller name
01/12/2009 $1
01/09/1991 $1
       
       
       
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Title Documents for 48 Commerce Drive, New Providence

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/12/2009 - D
03/30/2010 - R
Deed and Realty Tax Fees
01/09/1991 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 48 Commerce Drive, New Providence

Access detailed property tax data for 48 Commerce Drive, New Providence, NJ 07974. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $70,279
Market value $1,340,700

Assessment History for 48 Commerce Drive, New Providence

Here's the assessment & property tax history for 48 Commerce Drive, New Providence, 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 $1,340,700 $1,340,700 5.242 $70,279 +1.55%
2024 $1,340,700 $1,340,700 5.162 $69,207 +3.10%
2023 $1,340,700 $1,340,700 5.007 $67,129 +1.40%
2022 $1,340,700 $1,340,700 4.938 $66,204 +0.73%
2021 $1,340,700 $1,340,700 4.902 $65,721 +0.04%

Demographics by Zip Code

Total population 13,349
Median age 45.8
Average household income $224,203
Family households 73.9%
Occupied housing units 5,069
Owner occupied units 82.1%
Average number of people per household 2.6
Median year structure built 1962
Median value for units with a mortgage $798,900
Median value for units without a mortgage $697,500

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

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Neighbors for 48 Commerce Drive, New Providence

Here are the neighbors for 48 Commerce Drive, New Providence.

Address Square feet Purchase date Purchase price
72 High St, New Providence 2,160 11/18/2021 $650,000
69 Crane Cir, New Providence 2,509 07/14/1978 $108,000
48 High St, New Providence 2,904 10/01/2025 $925,000
63 Crane Cir, New Providence 3,142 02/15/2007 $555,000
75 Crane Cir, New Providence 2,392
96 High St, New Providence 2,784 06/24/1992 $100,000
76 High St, New Providence 2,160 03/14/2016 $445,000
95 Crane Cir, New Providence 2,068 07/30/1993 $285,000
165 Spring St, New Providence 29,940 12/04/1990 $1,187,300
81 Crane Cir, New Providence 2,091 09/05/2013 $630,000
88 High St, New Providence 3,218 01/02/2026 $400,000
68 High St, New Providence 1,920 08/15/1989 $160,000
60 High St, New Providence 1,684 06/22/2011 $385,000
92 High St, New Providence 2,124 03/24/2021 $595,000
64 High St, New Providence 1,382 05/15/2014 $275,000
56 High St, New Providence 2,772 08/12/1991 $1
111 Spring St, New Providence 07/22/2025 $1
89 Crane Cir, New Providence 2,475 03/25/2013 $655,000
80 Jones Dr, New Providence 02/19/2025 $1
47 Commerce Dr, New Providence

Nearby ZIP Codes for 48 Commerce Drive, New Providence

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