248 2nd Ave W, #252, Newark, NJ 07107 Property Records

Essex County and Newark City property record for 248 2nd Ave W, #252, Newark, NJ 07107

Property Summary

Property Type	Commercial
Lot Size	0.172 acres (7,501 sqft)
Owner	Company Name on File
Last Sale	$750,000 (Aug 2019)
Tax Bill	$21,439 (2025)
Deeds & Mortgages	Mar 2023 Mortgage Dec 2020 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`14-01951-0000-00003`

Property Details

APN / Parcel Number

Primary APN	`14-01951-0000-00003`
Alternative APN	`140195100003`

Interior

Stories	3 Stories

Exterior

Exterior Material	Brick
Construction Type	Brick
Lot Area	7,501 sqft (0.172 acres)
Lot Dimensions	100 ft deep x 75 ft wide
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Location & Zoning

Old Parcel Number	140195100003
Street Address	248 2ND AVE W, 252
City	NEWARK
State	NJ
Zip	07107-2410
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	75X100
Legal Block	1951
Legal Lot Number	3
Jurisdiction	ESSEX NJ
Township / Civil Division	NEWARK
Census Block Group	1
Census Block	1000
Census Tract	800

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Branch Brook Park listed 1981 · 25 contributing resources · NRIS 81000392

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

248 2nd Ave W, #252 is owned by a company that bought it in August 2019.

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	670 MYRTLE AVE, 168, BROOKLYN, NY 11205-3923
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Mar 17, 2023	Deed, Transfer · Commercial Mortgage POPULAR BANK
Dec 18, 2020	Deed of Trust, Mortgage KEARNY BK
Aug 24, 2019	Grant Deed, Construction Loan · Line of Credit ICE LENDER HLDGS LLC
Aug 24, 2019	Grant Deed, Transfer SUCCESSFUL ABSTRACT, SUCCESSFUL ABS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 24, 2019 · Amount on File
Deed Sale	Aug 24, 2019 · Amount on File
Prior Sale	Aug 24, 2019 · Amount on File
Deed Document Number	201980005
Record Updated	Oct 29, 2026

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	ESSEX NJ
Recording Date	Mar 17, 2023
Property Address	248-252 2ND AVE W, NEWARK, NJ 07107
Document Number	0000017131
Instrument Date	Mar 8, 2023
Instrument	2023017131
Transaction Type	Transfer
Record Updated	Apr 21, 2023
Title Company	NOT AVAILABLE, THALWEI ABSTRACT

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	670 MYRTLE AVE # 168, 168, BROOKLYN, NY 11205-3923

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	670 MYRTLE AVE # 168, 168, BROOKLYN, NY 11205-3923

Mortgage

Document Number	0000017132
Date	Mar 17, 2023
Instrument	2023017132

Lender

Name	POPULAR BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ESSEX NJ
Property Address	248-252 2ND AVE W, NEWARK, NJ 07107
Document Number	0000002440
Instrument Date	Dec 18, 2020
Transaction Type	Mortgage
Record Updated	Mar 30, 2021
Title Company	SUCCESSFUL ABSTRACT, SUCCESSFUL ABS

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	53 WASHINGTON AVE SPRING VALLEY NY 109771930, SPRING VALLEY, NY 10977-1930

Mortgage

Document Number	0000002440
Date	Jan 8, 2021
Instrument	2440

Lender

Name	KEARNY BK
Address	FAIRFIELD, NJ 07004

Agreement

Amount	Amount on Record
Term	120 Months
Due	Jan 7, 2031

August 2019: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	ESSEX NJ
Recording Date	Aug 24, 2019
Property Address	248-252 2ND AVE W, NEWARK, NJ 07107
Document Number	0000080005
Instrument Date	Aug 1, 2019
Instrument	80005
Transaction Type	Construction Loan
Record Updated	Sep 9, 2019
Title Company	SUCCESSFUL ABSTRACT, SUCCESSFUL ABS

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$750.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	53 WASHINGTON AVE SPRING VALLEY NY 109771930, SPRING VALLEY, NY 10977-1930

Mortgage

Document Number	80006
Date	Aug 24, 2019
Instrument	80006

Lender

Name	ICE LENDER HLDGS LLC
Address	NEW YORK, NY 10001

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	12 Months
Due	Aug 23, 2020

Interest

Rate Type	Adjustable Rate

August 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	ESSEX NJ
Recording Date	Aug 24, 2019
Property Address	248-252 2ND AVE W, NEWARK, NJ 07107
Document Number	0000080004
Instrument Date	Jul 31, 2019
Instrument	80004
Transaction Type	Transfer
Record Updated	Sep 9, 2019
Title Company	SUCCESSFUL ABSTRACT, SUCCESSFUL ABS

Transaction

Amount	Amount on Record
Tax	$750.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2118 58TH ST BROOKLYN NY 112042013, BROOKLYN, NY 11204-2013

Tax Assessment & Valuation

The 2025 property tax bill for 248 2nd Ave W, #252 was $21,439, up 5.2% from the year before.

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

Property Jurisdictions

Type	Name
State	New Jersey
County	Essex County
Municipality	Newark City
Unified School District	Newark City School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$450,000 (-16.06%) Land $120,000 Building $330,000	$450,000 (-16.06%) Land $120,000 Building $330,000
2025	$21,439.00 (+5.16%)	$536,100 Land $120,000 Building $416,100	$536,100 Land $120,000 Building $416,100
2024	$20,387.00
2023		$536,100 Land $120,000 Building $416,100	$536,100 Land $120,000 Building $416,100
2022	$20,028.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 248 2nd Ave W, #252 in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

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

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1992)
Most Recent Claim	Jan 1992 · rainfall accumulation

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

The area around 248 2nd Ave W, #252 has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not 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 System	NEWARK WATER DEPARTMENT serves 294,274 people · EPA ID NJ0714001
Water Source	Surface water
Last State Inspection	Oct 2024
Lead	4 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Sep 2020 Treatment failure resolved · Sep 2020 Haloacetic acids resolved · Jan 2020
Treatment and Procedure	Corrosion control Jul 2022 Lead public education Mar 2019
Monitoring and Reporting	None 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 935 locations within half a mile, as of December 31, 2025

Provider	Max 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: Xfinity.

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