22-24 Prospect St, Newark, NJ 07105 Property Records

Essex County and Newark City property record for 22-24 Prospect St, Newark, NJ 07105

Property Summary

Property TypeCommercial
Lot Size0.16 acres (6,987 sqft)
OwnerCompany Name on Record
Last Sale$7,263,132 (Jun 2023)
Tax Bill$12,101 (2025)
Deeds & MortgagesJun 2023 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN14-00176-0000-00050

Property Details

APN / Parcel Number

Primary APN14-00176-0000-00050
Alternative APN
  • 140017600050

Exterior

Lot Area6,987 sqft (0.16 acres)
Lot Dimensions127 ft deep x 55 ft wide

Location & Zoning

Old Parcel Number140017600050
Street Address22-24 PROSPECT ST
CityNEWARK
StateNJ
Zip07105
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Description55X127
Legal Block176
Legal Lot Number50
JurisdictionESSEX NJ
Township / Civil DivisionNEWARK
Census Block Group1
Census Block1019
Census Tract7900

Owner

Source: Essex County and Newark City records, as of October 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address820 BEAR TAVERN RD, EWING, NJ 08628-1021
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 12, 2023 · Amount on Record
Deed SaleJun 12, 2023 · Amount on Record
Prior SaleApr 7, 1983
Deed Document Number202335223
Record UpdatedOct 29, 2026

June 2023: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionESSEX NJ
Recording DateJun 12, 2023
Property Address22-24 PROSPECT ST, NEWARK, NJ 07105
Document Number0000035223
Instrument DateMay 2, 2023
Instrument2023035223
Transaction TypeTransfer
Record UpdatedApr 22, 2024
Title CompanyMADISON TITLE AGENCY LLC

Transaction

AmountAmount Recorded
Tax$18,158.75
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address820 BEAR TAVERN RD, EWING, NJ 08628-1021
InvestorPossibly a Property Investor

Mortgage

Document Number0000037528
DateJun 22, 2023
Instrument2023037528
Lender
NameFFINBOUND DEVELOPMENT ASSOCIATION LLC
TypeNon-Lending Institution
AddressWEST ORANGE, NJ 07052
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Essex County and Newark City assessment roll, as of July 2, 2026

Property Jurisdictions

TypeName
StateNew Jersey
CountyEssex County
MunicipalityNewark City
Unified School DistrictNewark City School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$302,600 (-) Land $288,000 Building $14,600$302,600 (-) Land $288,000 Building $14,600
2025$12,101.00 (+5.16%)$302,600 (-) Land $288,000 Building $14,600$302,600 (-) Land $288,000 Building $14,600
2024$11,507.00 (+1.79%)
2023$302,600 (-) Land $288,000 Building $14,600$302,600 (-) Land $288,000 Building $14,600
2022$11,305.00 (+0.05%)$302,600 Land $288,000 Building $14,600$302,600 Land $288,000 Building $14,600
2021$11,299.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims3 (2012)
Claims Outside the SFHA2 of 3
Most Recent ClaimOct 2012 · Hurricane Sandy
Claims by Event
  • Hurricane Sandy, Oct 2012 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEWARK WATER DEPARTMENT
serves 294,274 people · EPA ID NJ0714001
Water SourceSurface water
Last State InspectionOct 2024
Lead4 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Sep 2020
Treatment failure
resolved · Sep 2020
Haloacetic acids
resolved · Jan 2020
Treatment and ProcedureCorrosion control
Jul 2022
Lead public education
Mar 2019
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,209 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable
8,000 / 8,000
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
AT&T
Fixed Wireless
100 / 20

May also be available: Newark Fiber, T-Mobile, Xfinity.

Nearby Properties on Prospect St

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