572 Springfield Ave, Newark, NJ 07103 Property Records

Essex County and Newark City property record for 572 Springfield Ave, Newark, NJ 07103

Property Summary

Property TypeApartments (5+ Units)
Lot Size0.072 acres (3,132 sqft)
OwnerCompany Name on File
Last Sale$1,700,000 (Aug 2026)
Tax Bill$12,905 (2025)
Deeds & MortgagesAug 2026 Sale & Construction Loan
Dec 2017 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN14-00316-0000-00023

Property Details

APN / Parcel Number

Primary APN14-00316-0000-00023
Alternative APN
  • 140031600023

Interior

Units9 Units
Stories3 Stories

Exterior

Exterior MaterialBrick
Construction TypeBrick
Lot Area3,132 sqft (0.072 acres)
Lot Dimensions98 ft deep x 7 ft wide

Location & Zoning

Old Parcel Number140031600023
Street Address572 SPRINGFIELD AVE
CityNEWARK
StateNJ
Zip07103-1743
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal Description31.7X98.8
Legal Block316
Legal Lot Number23
JurisdictionESSEX NJ
Township / Civil DivisionNEWARK
Census Block Group2
Census Block2011
Census Tract23100

Owner

572 Springfield Ave, a residential property, is owned by a company that bought it in August 2026.

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

Owner of RecordCompany Name on File
Mailing Address572 SPRINGFIELD AVE, NEWARK, NJ 07103-1743
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
Aug 19, 2026Bargain and Sale Deed, Construction Loan · Construction Mortgage
Y2 INVESTMENT LLC
Dec 22, 2017Deed of Trust, Mortgage
CASON HM LNS
Mar 16, 2017Trustee's Deed, Transfer
CP CAP II LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 19, 2026 · Amount on File
Deed SaleAug 19, 2026 · Amount on File
Prior SaleMar 16, 2017 · Amount on File
Deed Document Number202654983
Prior Transfer DateJun 28, 2012
Prior Transfer Doc0012059615
Record UpdatedOct 29, 2026

August 2026: Bargain and Sale Deed, Construction Loan

Document TypeBargain and Sale Deed
JurisdictionESSEX NJ
Recording DateAug 19, 2026
Property Address572 SPRINGFIELD AVE, NEWARK, NJ 07103-1743
Document Number0000054983
Instrument DateAug 13, 2026
Instrument202654983
Transaction TypeConstruction Loan
Record UpdatedSep 9, 2026
Title CompanyACQUISITION TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$171,700.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Lis Pendens
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address572 SPRINGFIELD AVE, NEWARK, NJ 07103-1743

Mortgage

Document Number0000054984,
DateAug 19, 2026
Instrument202654984
Lender
NameY2 INVESTMENT LLC
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Term360 Months
DueAug 1, 2056
Interest
Max Rate-1%

December 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionESSEX NJ
Property Address572 SPRINGFIELD AVE, NEWARK, NJ 07103-1743
Document Number0000113128
Instrument DateDec 22, 2017
Transaction TypeMortgage
Record UpdatedMar 27, 2018
Title CompanyATTORNEY ONLY

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address572 SPRINGFIELD AVE NEWARK NJ 071031743, NEWARK, NJ 07103-1743

Mortgage

Document Number0000113128
DateDec 29, 2017
Instrument113128
Lender
NameCASON HM LNS
TypeMortgage Company
Address3839 FLATLANDS AVE # 201, BROOKLYN, NY 11234-3534
Agreement
AmountAmount on Record

March 2017: Trustee's Deed, Transfer

Document TypeTrustee's Deed
JurisdictionESSEX NJ
Recording DateMar 16, 2017
Property Address572 SPRINGFIELD AVE, NEWARK, NJ 07103-1743
Document Number0000023947
Instrument DateFeb 27, 2017
Instrument23947
Transaction TypeTransfer
Record UpdatedJan 11, 2019
Title CompanyRIVERSIDE ABSTRACT INC

Transaction

AmountAmount on Record
Tax$371.25
Amount AccuracyConfirmed

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
AddressPO BOX 27 TEANECK NJ 076660027, TEANECK, NJ 07666-0027

Mortgage

Document Number23962
DateMar 16, 2017
Instrument23962
Lender
NameCP CAP II LLC
Address27 SHONNY DR, LAKEWOOD, NJ 08701-2300
Agreement
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 572 Springfield Ave was $12,905, up 5.2% 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$322,700 (-) Land $70,400 Building $252,300$322,700 (-) Land $70,400 Building $252,300
2025$12,905.00 (+5.16%)$322,700 Land $70,400 Building $252,300$322,700 Land $70,400 Building $252,300
2024$12,272.00
2023$322,700 Land $70,400 Building $252,300$322,700 Land $70,400 Building $252,300
2022$12,056.00

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 572 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 572 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.

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