494 Springfield Ave, Newark, NJ 07103 Property Records

Essex County and Newark City property record for 494 Springfield Ave, Newark, NJ 07103

Property Summary

Property Type	Commercial
Lot Size	0.06 acres (2,609 sqft)
Owner	Company Name on Record
Last Sale	$310,000 (Feb 2021)
Tax Bill	$8,546 (2025)
Deeds & Mortgages	Feb 2021 Sale May 2017 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`14-00307-0000-00017`

Property Details

APN / Parcel Number

Primary APN	`14-00307-0000-00017`
Alternative APN	`140030700017`

Interior

Stories	3 Stories

Exterior

Exterior Material	Brick
Construction Type	Brick
Lot Area	2,609 sqft (0.06 acres)
Lot Dimensions	100 ft deep x 26 ft wide

Location & Zoning

Old Parcel Number	140030700017
Street Address	494 SPRINGFIELD AVE
City	NEWARK
State	NJ
Zip	07103-2021
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	26X100.4 AVG.
Legal Block	307
Legal Lot Number	17
Jurisdiction	ESSEX NJ
Township / Civil Division	NEWARK
Census Block Group	1
Census Block	1014
Census Tract	2800

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	7801 BERGENLINE AVE, NORTH BERGEN, NJ 07047-4942
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 25, 2021	Deed, Transfer NOT AVAILABLE, FERTILE CRESCENT TTL AGCY LL
May 24, 2017	Deed of Trust, Mortgage PETERMARK II LLC
May 24, 2017	Deed of Trust, Mortgage PETERMARK II LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 25, 2021 · Amount on Record
Deed Sale	Feb 25, 2021 · Amount on Record
Prior Sale	Aug 3, 2016 · Amount on Record
Deed Document Number	202121849
Record Updated	Sep 20, 2026

February 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	ESSEX NJ
Recording Date	Feb 25, 2021
Property Address	494 SPRINGFIELD AVE, NEWARK, NJ 07103-2021
Document Number	2021021849
Instrument Date	Feb 8, 2021
Instrument	2021021849
Transaction Type	Transfer
Record Updated	Nov 2, 2021
Title Company	NOT AVAILABLE, FERTILE CRESCENT TTL AGCY LL

Transaction

Amount	Amount Recorded
Tax	$775.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	55 FRANKLIN AVE, 55, BROOKLYN, NY 11205-1534

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7801 BERGENLINE AVE, NORTH BERGEN, NJ 07047-4942

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ESSEX NJ
Property Address	494 SPRINGFIELD AVE, NEWARK, NJ 07103-2021
Document Number	0000055459
Instrument Date	May 24, 2017
Transaction Type	Mortgage
Record Updated	Jan 11, 2019
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	55 FRANKLIN AVE BROOKLYN NY 112051534, BROOKLYN, NY 11205-1534

Mortgage

Document Number	0000055459
Date	Jun 26, 2017
Instrument	55459

Lender

Name	PETERMARK II LLC
Address	25 CRABAPPLE DR, ROSLYN, NY 11576-2300

Agreement

Amount	Amount Recorded

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ESSEX NJ
Property Address	494 SPRINGFIELD AVE, NEWARK, NJ 07103-2021
Document Number	0000060775
Instrument Date	May 24, 2017
Transaction Type	Mortgage
Record Updated	Nov 28, 2017
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	55 FRANKLIN AVE BROOKLYN NY 112051534, BROOKLYN, NY 11205-1534

Mortgage

Document Number	0000060775
Date	Jul 13, 2017
Instrument	60775

Lender

Name	PETERMARK II LLC
Address	25 CRABAPPLE DR, ROSLYN, NY 11576-2300

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

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		$213,700 (-) Land $57,200 Building $156,500	$213,700 (-) Land $57,200 Building $156,500
2025	$8,546.00 (+5.16%)	$213,700 (-) Land $57,200 Building $156,500	$213,700 (-) Land $57,200 Building $156,500
2024	$8,127.00 (+1.8%)
2023		$213,700 Land $57,200 Building $156,500	$213,700 Land $57,200 Building $156,500
2022	$7,983.00

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

Flood

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

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 754 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: T-Mobile.

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