NOT LISTED FOR SALE

556 Market St Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $919,141

1 Bed
1 Bath
1,945 Sq Ft
$473/Sq Ft Est. Value

About This Home

This home is located at 556 Market St, Newark, NJ 07105 and is currently priced at $919,141, approximately $472 per square foot. 556 Market St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Ks 556 Market Street Llc
Bought by
Ks 556 Market Street Urban Renewal Llc
Current Estimated Value
$919,141

Purchase Details

Closed on
Apr 17, 2019
Sold by
Costa Lizete R
Bought by
Ks 556 Market Street Llc

Purchase Details

Closed on
Jun 25, 1999
Sold by
Rodrigues Fernando A
Bought by
Costa Fernando and Costa Lizette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ks 556 Market Street Urban Renewal Llc -- --
Ks 556 Market Street Llc $712,000 Berkshie Abstract & Title Ag
Costa Fernando $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ks 502 Market Street Urban Ren $250,000
Previous Owner Ks 502 Market Street Lp $10,600,000
Previous Owner Costa Fernando O $315,000
Previous Owner Costa Fernando $170,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,572 $194,000 $194,000 --
2024 $19,572 $194,000 $194,000 $0
2022 $19,614 $525,000 $194,000 $331,000
2021 $19,604 $525,000 $194,000 $331,000
2020 $19,950 $525,000 $194,000 $331,000
2019 $17,188 $457,000 $194,000 $263,000
2018 $16,877 $457,000 $194,000 $263,000
2017 $16,269 $457,000 $194,000 $263,000
2016 $15,721 $457,000 $194,000 $263,000
2015 $15,122 $457,000 $194,000 $263,000
2014 $14,172 $457,000 $194,000 $263,000
Source: Public Records

Map

New Jersey Essex County Newark 07105 North Ironbound

556 Market St, Newark, NJ

This home is located at 556 Market St, Newark, NJ 07105 and is currently priced at $919,141, approximately $472 per square foot. 556 Market St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

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