86-88 Chancellor Ave Newark, NJ 07112

Built 1940 · Commercial1 owner signal on a paid plan
Assessed
$197,700
Last sale
$230,000Oct 22, 2021
Built
1940
Size
4,424 sq ft
Status
No open cases

Property information

Block
3690
Lot
10
Qualifier
—
County
Essex
Municipality
Newark City
Tax map page
114
Land description
50X100

Building details

Building class
16
Description
1SB
Dwellings
1
Zoning
—
Square feet
4,424
Acreage
0.11 ac

Assessment

Land value
$110,000
56%
Improvement value
$87,700
44%
Total assessment
$197,700
Sale assessment
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Tax (2024)
$7,519

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.

8 events · 1940–2021

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  • Deed recorded

    +100% vs 2018
    $230,000
    Per sq ft$52Held3.5 yrsSq ft4,424RecordedMar 9, 2022
  • Mortgage recorded

    Instrument2020022246CountyEssex
  • Deed recorded

    -4% vs 2002
    $115,000
    Per sq ft$73Held16.1 yrsSq ft1,580RecordedMay 15, 2018
  • 5 years
  • Foreclosure Case

    1. Filed
    2. Judgment
    3. Sheriff sale
    Last activity: May 6, 2021
    Type: Commercial Mortgage Foreclosure
    Status: Defaulted
    Disposition: Default Judgment
    CourtGeneral Equity
  • Mortgage recorded

    Instrument12010953CountyEssex
  • Foreclosure Case

    1. Filed
    2. Dismissed
    Type: Residential Mortgage Foreclosure
    Status: Closed
    Disposition: Dismissed By Court Without Prejudice
    CourtGeneral Equity
  • 9 years
  • Deed recorded

    $120,000
  • 62 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$7,519+2.0%$110,000$87,700$197,700
2023$7,370-0.2%$110,000$87,700$197,700
2022$7,382-1.7%$110,000$87,700$197,700
2021$7,513+1.0%$110,000$87,700$197,700
2020$7,436+1.8%$110,000$87,700$197,700
2019$7,301+3.7%$110,000$87,700$197,700
2018$7,038+3.5%$110,000$87,700$197,700
2017$6,801+4.0%$110,000$87,700$197,700
2016$6,542+6.7%$110,000$87,700$197,700
2015$6,131-14.1%$110,000$87,700$197,700
2014$7,140+38.0%$110,000$87,700$197,700
2013$5,175+3.7%$110,000$131,800$241,800
2012$4,989+4.7%$100,000$49,900$149,900
2011$4,767+16.1%$100,000$49,900$149,900
2010$4,106+5.4%$100,000$49,900$149,900
2009$3,896+4.4%$100,000$49,900$149,900
2008$3,733+0.0%$100,000$49,900$149,900
2007$3,733+8.3%$100,000$49,900$149,900
2006$3,448+1.8%$100,000$49,900$149,900
2005$3,388+4.6%$100,000$49,900$149,900
2004$3,238-29.1%$100,000$49,900$149,900
2003$4,565-1.1%$100,000$49,900$149,900
2002$4,615-0.8%$4,300$14,800$19,100
2001$4,651+0.3%$4,300$14,800$19,100
2000$4,635+1.0%$4,300$14,800$19,100
1999$4,587+1.8%$4,300$14,800$19,100
1998$4,507+4.5%$4,300$14,800$19,100
1997$4,314+5.8%$4,300$14,800$19,100
1996$4,078+1.3%$4,300$14,800$19,100
1995$4,026+0.2%$4,300$14,800$19,100
1994$4,016+1.5%$4,300$14,800$19,100
1993$3,955+5.1%$4,300$14,800$19,100
1992$3,762+17.8%$4,300$14,800$19,100
1991$3,195+10.7%$4,300$14,800$19,100
1990$2,886+6.4%$4,300$14,800$19,100
1989$2,712—$4,300$14,800$19,100