40 Commerce St, Newark, NJ 07102 Property Records

Essex County and Newark City property record for 40 Commerce St, Newark, NJ 07102

Property Summary

Property Type	Apartments (5+ Units)
Lot Size	0.049 acres (2,148 sqft)
Owner	Company Name on File
Last Sale	$600,000 (Apr 2015)
Tax Bill	$23,086 (2025)
Deeds & Mortgages	Nov 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-00145-0000-00034`

Property Details

APN / Parcel Number

Primary APN	`14-00145-0000-00034`
Alternative APN	`140014500034`

Interior

Stories	2 Stories

Exterior

Exterior Material	Brick
Construction Type	Brick
Lot Area	2,148 sqft (0.049 acres)
Lot Dimensions	88 ft deep x 4 ft wide

Location & Zoning

Old Parcel Number	140014500034
Street Address	40 COMMERCE ST
City	NEWARK
State	NJ
Zip	07102-4003
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	24.4X88
Legal Block	145
Legal Lot Number	34
Jurisdiction	ESSEX NJ
Township / Civil Division	NEWARK
Census Block Group	1
Census Block	1012
Census Tract	8000

Owner

40 Commerce St, a residential property, is owned by a company that bought it in April 2015.

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

Owner of Record	Company Name on File
Mailing Address	40 COMMERCE ST, NEWARK, NJ 07102-4003
Owner Type	Company

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 23, 2015 · Amount on File
Deed Sale	Apr 23, 2015 · Amount on File
Prior Sale	Sep 23, 1992 · Amount on File
Deed Book / Page	12550 / 3046
Record Updated	Sep 20, 2026

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ESSEX NJ
Property Address	40 COMMERCE ST, NEWARK, NJ 07102-4003
Transaction Type	Mortgage
Record Updated	Dec 16, 2021
Title Company	MADISON TITLE AGENCY LLC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000140935
Date	Nov 29, 2021
Instrument	2021140935

Lender

Name	CUSTOMERS BANK
Type	Bank
Address	PHOENIXVILLE, PA 19460

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 40 Commerce St was $23,086, 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		$577,300 (-) Land $307,200 Building $270,100	$577,300 (-) Land $307,200 Building $270,100
2025	$23,086.00 (+5.16%)	$577,300 Land $307,200 Building $270,100	$577,300 Land $307,200 Building $270,100
2024	$21,954.00
2023		$577,300 Land $307,200 Building $270,100	$577,300 Land $307,200 Building $270,100
2022	$21,567.00

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

Flood

FEMA maps place 40 Commerce St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 24, 2020

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 40 Commerce St 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 101 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
AT&T Fixed Wireless	100 / 20

May also be available: Andrena, Astound Broadband, Newark Fiber, Optimum, T-Mobile, Verizon, Xfinity.