550 Springfield Ave, Newark, NJ 07103 Property Records

Essex County and Newark City property record for 550 Springfield Ave, Newark, NJ 07103

Property Summary

Property TypeCommercial
Lot Size0.088 acres (3,838 sqft)
OwnerCompany Name on File
Last Sale$1,840,000 (Feb 2025)
Tax Bill$6,658 (2025)
Deeds & MortgagesApr 2020 Sale
Apr 2020 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN14-00315-0000-00017-02

Property Details

APN / Parcel Number

Primary APN14-00315-0000-00017-02

Exterior

Lot Area3,838 sqft (0.088 acres)

Location & Zoning

Street Address550 SPRINGFIELD AVE
CityNEWARK
StateNJ
Zip07103-1787
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Description3839 SF
Legal SubdivisionCITY/NEWARK
Legal Block315
Legal Lot Number17.2
JurisdictionESSEX NJ
Township / Civil DivisionNEWARK
Census Block Group2
Census Block2010
Census Tract23100

Owner

550 Springfield Ave, a commercial property, is owned by a company that bought it in February 2025.

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

Owner of RecordCompany Name on File
Mailing Address368 NEW HEMPSTEAD RD, NEW CITY, NY 10956-1900
Owner TypeCompany
VestingLimited Liability Partnership

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

DateDocument
Apr 30, 2020Grant Deed, Transfer
OTHER
Apr 30, 2020Grant Deed, Transfer
GREYSTONE SVCG

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 3, 2025 · Amount on File
Deed SaleFeb 3, 2025 · Amount on File
Prior SaleApr 30, 2020 · Amount on File
Deed Document Number20256946
Prior Transfer DateNov 19, 2013
Prior Transfer Doc1247006756
Record UpdatedOct 29, 2026

April 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionESSEX NJ
Recording DateApr 30, 2020
Property Address550 SPRINGFIELD AVE, NEWARK, NJ 07103-1787
Document Number0000042909
Instrument DateFeb 6, 2020
Instrument42909
Transaction TypeTransfer
Record UpdatedMay 19, 2020
Title CompanyOTHER

Transaction

AmountAmount on Record
Tax$3,000.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address20 WASHINGTON ST CRESSKILL NJ 076262145, CRESSKILL, NJ 07626-2145

April 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionESSEX NJ
Recording DateApr 30, 2020
Property Address550 SPRINGFIELD AVE, NEWARK, NJ 07103-1787
Document Number0000042910
Instrument DateFeb 6, 2020
Instrument42910
Transaction TypeTransfer
Record UpdatedMay 26, 2020
Title CompanyOTHER

Transaction

AmountAmount on Record
Tax$950.00
Amount AccuracyConfirmed

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address20 WASHINGTON ST CRESSKILL NJ 076262145, CRESSKILL, NJ 07626-2145

Mortgage

Document Number42907
DateApr 30, 2020
Instrument42907
Lender
NameGREYSTONE SVCG
Address419 BELLE AIR LN, WARRENTON, VA 20186-4368
Agreement
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 550 Springfield Ave was $6,658, up 5.1% from the year before.

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$166,500 (-) Land $66,000 Building $100,500$166,500 (-) Land $66,000 Building $100,500
2025$6,658.00 (+5.15%)$166,500 Land $66,000 Building $100,500$166,500 Land $66,000 Building $100,500
2024$6,332.00
2023$166,500 Land $66,000 Building $100,500$166,500 Land $66,000 Building $100,500
2022$24,130.00

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

Flood

FEMA maps place 550 Springfield Ave in Zone X, an area of minimal flood risk.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 550 Springfield Ave 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 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 754 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: T-Mobile.

Nearby Properties on Springfield Ave

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