Essex County and Newark City property record for 58 Downing St, #62, Newark, NJ 07105 · Last verified July 2026
| Property Type | Commercial > Retail |
|---|---|
| Lot Size | 7,915 sqft (0.182 acres) |
| Last Sale | $4,394,366 (2023) |
| Tax Bill | $49,404.00 (2025) |
| Primary APN | 14-02000-0000-00032 |
|---|---|
| Alternative APN |
|
| Stories | 4 Stories |
|---|
| Exterior Material | Brick Exterior |
|---|---|
| Construction Type | Brick Construction |
| Lot Area | 7,915 sqft (0.182 acres) |
| Depth X Width | 98 ft x 10 ft Depth x Width |
| Old Parcel Number | 140200000032 |
|---|---|
| Street Address | 58 DOWNING ST, 62 |
| City | NEWARK |
| State | NJ |
| Zip | 07105-2846 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | 80.10X98.8 AVG. |
| Legal Subdivision | CITY/NEWARK |
| Legal Block | 2000 |
| Legal Lot Number | 32 |
| Jurisdiction | ESSEX NJ |
| Minor Civil Division | NEWARK |
| Census Blockgroup | 2 |
| Census Block | 2001 |
| Census Tract | 7600 |
Source: Essex County and Newark City records · APN 14-02000-0000-00032
Assessment roll updated July 2, 2026 · Last verified July 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 File |
|---|---|
| Mailing Address | 4118 14TH AVE, BROOKLYN, NY 11219-1401 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Apr 03, 2024 | Deed of Trust, Mortgage · Commercial Mortgage ASCENDIA BANK |
| Apr 24, 2023 | Deed, Transfer · Commercial Mortgage ASCENDIA BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Apr 24, 2023 · Amount on Record |
| Deed Sale | Apr 24, 2023 · Amount on Record |
| Deed Doc Number | 202324609 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | ESSEX NJ |
| Property Address | 58-62 DOWNING ST, NEWARK, NJ 07105 |
| Transaction Type | Mortgage |
| Record Updated | Apr 30, 2024 |
| Title Company | SUCCESSFUL ABSTRACT |
| Name | Verified Name |
|---|---|
| Address | 502 N 9TH STREET, LITTLE FERRY, NJ 07643 |
| Document Number | 0000018910 |
|---|---|
| Date | Apr 03, 2024 |
| Instrument | 2024018910 |
| Name | ASCENDIA BANK |
|---|---|
| Type | Bank |
| Address | 07425 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed |
|---|---|
| Jurisdiction | ESSEX NJ |
| Recording Date | Apr 24, 2023 |
| Property Address | 58-62 DOWNING ST, NEWARK, NJ 07105 |
| Document Number | 0000024609 |
| Instrument Date | Mar 31, 2023 |
| Instrument | 2023024609 |
| Transaction Type | Transfer |
| Record Updated | May 22, 2023 |
| Title Company | SUCCESSFUL ABSTRACT |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $10,986.25 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 770 STATE ROUTE 15 S, LAKE HOPATCONG, NJ 07849-2409 |
| Name | Verified Name |
|---|---|
| Address | 4118 14TH AVE # 60, 60, BROOKLYN, NY 11219-1401 |
| Document Number | 0000024610 |
|---|---|
| Date | Apr 24, 2023 |
| Instrument | 2023024610 |
| Name | ASCENDIA BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
Source: Essex County and Newark City records · Assessment roll updated July 2, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | New Jersey |
| County | Essex County |
| Municipality | Newark City |
| Unified School District | Newark City School District (KG - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $1,235,400 (-) Land $760,000 Building $475,400 | $1,235,400 (-) Land $760,000 Building $475,400 | |
| 2025 | $49,404.00 (+5.16%) | $1,235,400 (-) Land $760,000 Building $475,400 | $1,235,400 (-) Land $760,000 Building $475,400 |
| 2024 | $46,982.00 (+1.79%) | ||
| 2023 | $1,235,400 Land $760,000 Building $475,400 | $1,235,400 Land $760,000 Building $475,400 | |
| 2022 | $46,154.00 |
58 Downing St, #62 is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.
Source: FEMA National Flood Hazard Layer · Essex County (34013C), updated September 24, 2020
| FEMA Flood Zone | Zone X minimal flood hazard · outside the 0.2% annual chance floodplain |
|---|---|
| Special Flood Hazard Area | No |
Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020
| Wildfire Risk to Homes | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach of burnable land |
Values are read at the parcel center point; lenders make the official flood determination.
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