661 Springfield Ave, Newark, NJ 07103 Property Records

Essex County and Newark City property record for 661 Springfield Ave, Newark, NJ 07103

Property Summary

Property Type	Apartments (5+ Units)
Lot Size	0.015 acres (662 sqft)
Owner	Company Name on Record
Last Sale	$550,000 (Nov 2025)
Tax Bill	$11,617 (2025)
Deeds & Mortgages	Jul 2023 Mortgage Jul 2023 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`14-02623-0000-00003`

Property Details

APN / Parcel Number

Primary APN	`14-02623-0000-00003`
Alternative APN	`140262300003`

Interior

Stories	2 Stories

Exterior

Construction Type	Frame
Lot Area	662 sqft (0.015 acres)
Lot Dimensions	87 ft deep x 6 ft wide
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Location & Zoning

Old Parcel Number	140262300003
Street Address	661 SPRINGFIELD AVE
City	NEWARK
State	NJ
Zip	07103-1424
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	7.6X87
Legal Block	2623
Legal Lot Number	3
Jurisdiction	ESSEX NJ
Township / Civil Division	NEWARK
Census Block Group	2
Census Block	2002
Census Tract	3700

Owner

Source: Essex County and Newark City records, as of October 19, 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	661 SPRINGFIELD AVE, NEWARK, NJ 07103-1424
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jul 27, 2023	Deed of Trust, Mortgage · Stand-Alone First Mortgage JRM CAPITAL PARTNERS LLC
Jul 27, 2023	Deed of Trust, Mortgage · Commercial Mortgage JRM CAPITAL PARTNERS LLC
Nov 10, 2025	Bargain and Sale Deed, Transfer · Commercial Mortgage VELOCITY COMMERCIAL CAPITAL LLC
Nov 29, 2021	Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 10, 2025 · Amount on Record
Deed Sale	Nov 10, 2025 · Amount on Record
Prior Sale	Sep 7, 2022 · Amount on Record
Deed Document Number	202569889
Record Updated	Oct 29, 2026

July 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ESSEX NJ
Property Address	661 SPRINGFIELD AVE, NEWARK, NJ 07103-1424
Transaction Type	Mortgage
Record Updated	Dec 10, 2025
Title Company	EVIDENT TITLE AGENCY INC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000044728
Date	Jul 27, 2023
Instrument	2023044728

Lender

Name	JRM CAPITAL PARTNERS LLC
Type	Non-Lending Institution
Address	LAKEWOOD, NJ 08701

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	6 Months
Due	Jan 19, 2024

July 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ESSEX NJ
Property Address	661 SPRINGFIELD AVE, NEWARK, NJ 07103-1424
Transaction Type	Mortgage
Record Updated	Dec 10, 2025
Title Company	EVIDENT TITLE AGENCY INC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000044729
Date	Jul 27, 2023
Instrument	2023044729

Lender

Name	JRM CAPITAL PARTNERS LLC
Type	Non-Lending Institution
Address	LAKEWOOD, NJ 08701

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

November 2025: Bargain and Sale Deed, Transfer

Document Type	Bargain and Sale Deed
Jurisdiction	ESSEX NJ
Recording Date	Nov 10, 2025
Property Address	661 SPRINGFIELD AVE, NEWARK, NJ 07103-1424
Document Number	0000069889
Instrument Date	Aug 28, 2025
Instrument	2025069889
Transaction Type	Transfer
Record Updated	Dec 10, 2025
Title Company	OLD REPUBLIC TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,375.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	8 VILLA FARMS CIR, MONROE, NJ 08831-4087

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	661 SPRINGFIELD AVE, NEWARK, NJ 07103-1424

Mortgage

Document Number	0000069890
Date	Nov 10, 2025
Instrument	2025069890

Lender

Name	VELOCITY COMMERCIAL CAPITAL LLC
Type	Mortgage Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

November 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	ESSEX NJ
Recording Date	Nov 29, 2021
Property Address	661 SPRINGFIELD AVE, NEWARK, NJ 07103-1424
Document Number	0000140813
Instrument Date	Nov 29, 2021
Instrument	2021140813
Transaction Type	Transfer
Record Updated	Dec 15, 2021

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	343 MAIN ST, 343, METUCHEN, NJ 08840-2495

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	661 SPRINGFIELD AVE, NEWARK, NJ 07103-1424

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		$290,500 (-) Land $35,200 Building $255,300	$290,500 (-) Land $35,200 Building $255,300
2025	$11,617.00 (+5.16%)	$290,500 (+106.76%) Land $35,200 Building $255,300	$290,500 (+106.76%) Land $35,200 Building $255,300
2024	$11,047.00 (+110.46%)
2023		$140,500 Land $35,200 Building $105,300	$140,500 Land $35,200 Building $105,300
2022	$5,249.00

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

Flood

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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