42-50 Park Pl (Block 125 Lot 15) Newark, NJ 07102

Commercial1 owner signal on a paid plan
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Assessed
$5,370,500
Last sale
$1Mar 4, 2025
Built
—
Size
1.48 ac
Owner
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Status
No open cases

Property information

Block
125
Lot
15
Qualifier
—
County
Essex
Municipality
Newark City
Tax map page
51
Land description
176.8X365.4

Building details

Building class
10
Description
14SB
Dwellings
1
Zoning
—
Square feet
—
Acreage
1.48 ac

Assessment

Land value
$4,000,000
73%
Improvement value
$1,500,000
27%
Total assessment
$5,370,500
Sale assessment
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Tax (2024)
$204,240

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

4 events · 1987–2025

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  • Deed recorded

    -75% vs 1987
    $1,000,000
    Held9.3 yrs
  • 9 years

  • Deed recorded

    $3,935,000

County clerks also index recorded documents by address and by the names on them. Search Essex County records

YearProperty taxChangeLandImprovementAssessment
2024$204,240+113.1%$4,000,000$1,500,000$5,370,500
2023$95,828-76.4%$4,000,000$1,500,000$5,370,500
2022$405,904-1.7%$4,000,000$1,500,000$5,370,500
2021$413,079-14.7%$6,713,000$4,287,000$10,870,500
2020$484,060+1.8%$6,713,000$4,287,000$10,870,500
2019$475,308-18.5%$6,713,000$6,287,000$12,870,500
2018$583,431+3.5%$6,713,000$6,287,000$12,870,500
2017$563,764+4.0%$9,590,000$6,928,000$16,388,500
2016$542,295+6.7%$9,590,000$6,928,000$16,388,500
2015$508,207-23.5%$9,590,000$6,928,000$16,388,500
2014$664,425+65.8%$9,590,000$6,928,000$16,388,500
2013$400,729-4.5%$9,650,000$12,979,500$22,500,000
2012$419,614-3.0%$6,812,900$4,925,200$11,608,600
2011$432,753+16.1%$6,812,900$5,925,200$12,608,600
2010$372,740+5.4%$6,812,900$6,925,200$13,608,600
2009$353,688+4.4%$6,812,900$6,925,200$13,608,600
2008$338,854+0.0%$6,812,900$6,925,200$13,608,600
2007$338,854+8.3%$6,812,900$6,925,200$13,608,600
2006$312,998+1.8%$6,812,900$6,925,200$13,608,600
2005$307,554+4.6%$6,812,900$6,925,200$13,608,600
2004$293,946+4.9%$6,812,900$6,925,200$13,608,600
2003$280,2380.0%$6,812,900$6,925,200$13,608,600
2002$280,238+0.3%$362,700$776,300$1,123,200
2001$279,452+1.4%$362,700$776,300$1,123,200
2000$275,521+49.2%$362,700$776,300$1,123,200
1999$184,649+1.8%$362,700$776,300$1,123,200
1998$181,455+4.4%—$776,300$760,500
1997$173,774+5.7%—$776,300$760,500
1996$164,344+1.3%—$776,300$760,500
1995$162,291+0.2%—$776,300$760,500
1994$161,910+1.5%—$776,300$760,500
1993$159,477+2.9%—$776,300$760,500
1992$154,949+19.9%—$776,300$760,500
1991$129,209-25.2%—$760,500$760,500
1990$172,636+6.3%—$760,500$760,500
1989$162,415—$362,700$760,500$1,123,200

All 19 lots on Block 125