Union County  »  07081  »  Commerce St  »  47-51 Commerce St

47-51 Commerce Street, Springfield, NJ 07081 - Property report

Also known as: 47-51 Commerce St

Property image for 47-51 Commerce Street, Springfield, NJ 07081
static Mapbox map

Property type

Office - General (560)

Year built

1971

Acreage

0.518

Sale price

$1,400,000

General information

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Address
Primary address
47-51 Commerce Street
ZIP code
07081
County
Union
Block
3101
Lot
6
Municipality
2017
Parcel ID
3101-6

Owner

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Sales
Sale date
02/01/2024
Sale price
$1,400,000
Arm's length
Tax
Tax year
2026
Base tax
$40,891
Current property tax
$41,586
Building
Property type
Office - General (560)
Building sq. ft.
10,600
Year built
1971
Exterior structural material
Lot
Acreage
0.518
Zoning & Use
Zoning

Area overview

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

Ownership information for 47-51 Commerce Street, Springfield, NJ

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

Sales history for 47-51 Commerce Street, Springfield, NJ 07081

Sale date Sale price Buyer name Seller name
02/01/2024 $1,400,000 XX XXXXXXXX XXXXX XXX XXXXXX XX XXXXXXXX XXX; XXXXXXXXXX, XXXXXXX
08/22/2013 $990,000 XXXXXX XX XXXXXXXX XXX X&XX XXXXXXXXXX, XXX
10/11/2007 $1,800,000 X & XX XXXXXXXXXX, XXX XX XXXXXXXX XXXXXX, XXX

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/03/2024 - R
03/20/2024 - D
Mortgage XX XXXXXXXX XXXXX XXX XX XXXX X X
03/11/2024 - R
02/01/2024 - D
Deed and Realty Tax Fees XXXXXX XX XXXXXXXX XXX XX XXXXXXXX XXXXX XXX
02/13/2024 - R
02/01/2024 - D
Deed and Realty Tax Fees XXXXXX XX XXXXXXXX XXX XX XXXXXXXX XXXXX XXX
09/05/2013 - R
08/22/2013 - D
Deed and Realty Tax Fees X&XX XXXXXXXXXX, XXX XXXXXX XX XXXXXXXX XXX
11/16/2007 - R
10/11/2007 - D
Deed and Realty Tax Fees XX XXXXXXXX XXXXXX, XXX X & XX XXXXXXXXXX, XXX
11/22/2005 - R
11/07/2005 - D
Deed and Realty Tax Fees XXXXXX XXXXXXXXXXXX XX., XXX XX XXXXXXXX XX., XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 47-51 Commerce Street, Springfield, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$40,891
Current property tax
$41,586
Recent tax assessments
Market value
$1,696,000
Land value
$848,000
Building value
$848,000

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 $1,696,000 $1,696,000 2.411 $40,891 +1.52%
2024 $1,696,000 $1,696,000 2.375 $40,280 +1.67%
2023 $1,696,000 $1,696,000 2.336 $39,619 +7.70%
2022 $1,696,000 $1,696,000 2.169 $36,786 +12.84%
2021 $437,900 $437,900 7.445 $32,602 +1.58%
2020 $437,900 $437,900 7.329 $32,094 +1.37%
2019 $437,900 $437,900 7.23 $31,660 0.00%
2018 $437,900 $437,900 7.23 $31,660 +4.71%
2017 $437,900 $437,900 6.905 $30,237 +1.98%
2016 $437,900 $437,900 6.771 $29,650 +1.18%

Permit information for 47-51 Commerce Street, Springfield, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
17,171
Median age
44.1
Average household income
$178,477
Family households
70.0%
People per household (average)
2.49
Occupied housing units
6,883
Owner-occupied units
66.8%
Median year structure built
1962
Median value mortgaged units
$655,300
Median value unmortgaged units
$598,600

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 47-51 Commerce Street, Springfield, NJ 07081 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 year built for 47-51 Commerce Street, Springfield, NJ 07081?

The development at 47-51 Commerce Street, Springfield, NJ 07081 was built in 1971.

What is the market value of 47-51 Commerce Street, Springfield, NJ 07081?

The current market value of 47-51 Commerce Street, Springfield, NJ 07081 is $1,696,000.

What is the total square footage of 47-51 Commerce Street, Springfield, NJ 07081?

47-51 Commerce Street, Springfield, NJ 07081 has a total of 10,600 square feet.

What is the price per square foot for this property?

$132 per square foot is the price for 47-51 Commerce Street, Springfield, NJ 07081.

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