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116 Wright St; Newark, NJ Property Details

116 Wright St, Newark, NJ is a Apt House 5+ Units that was built in 2014. This property is currently a cash purchase and is for sale. Our records show that 116 Wright St has a total of 1,026 square feet. The lot size of 116 Wright St is 1,498 square feet.

On Market for 205 days
116 Wright St Newark, NJ 07114
$599,000 Listing Price
1,026 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2014
  • Purchase Price: $42,000
  • Est. Equity / %: $428,000 / 100%
  • APN: 14-02806-0000-00032
  • Situs County: Essex
  • Length Of Ownership: 12 years, 4 months

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,026/SqFt
  • Lot: 1,498/SqFt
  • Gross: 1,026/SqFt
  • Living: 1,026/SqFt
  • Building: 1,026/SqFt
  • Ground: 1,026/SqFt
  • Price Per Square Foot: $40.94

Legal Description

  • Description: 20X75
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Newark City School District
  • Lat / Lon: 40.720474 / -74.18234
  • Property Class: Residential
  • County Use Code: 029

Amenities

  • Plus Four: 1823

Ownership Info

116 Wright St has no associated ownership info
116 Wright St has no associated ownership info.

Taxes

116 Wright St has 10 associated Taxes items

116 Wright St, Newark, NJ pays taxes in Essex County, NJ. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $88,600. The APN we've located for 116 Wright St is 14-02806-0000-00032.

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Taxes
  • Assessed Value:  $88,600
  • Assessed Year:  2026
  • Assessed County:  Essex
  • APN:  14-02806-0000-00032
  • Assessed Land Value:  40500
  • Market Land Value:  40500
  • Tax Amount:  3543
  • Tax Year:  2025
  • Market Value:  88600
  • Market Year:  2026

Tax History

116 Wright St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,543 Change Rate +0.051504% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,369.46 Change Rate +0.020118% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $3,303.01 Change Rate -0.002142% Assessed CR Tax Rate
Year 2022 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $3,310.1 Change Rate +0.000538% Assessed CR Tax Rate +0.03736%
Year 2021 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $3,308.32 Change Rate -0.01737% Assessed CR Tax Rate +0.03734%
Year 2020 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $3,366.8 Change Rate +0.010368% Assessed CR Tax Rate +0.038%
Year 2019 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $3,332.25 Change Rate +0.374384% Assessed CR Tax Rate +0.03761%
Year 2018 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $2,424.54 Change Rate -0.23132% Assessed CR Tax Rate +0.027365%
Year 2017 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $3,154.16 Change Rate +0.034884% Assessed CR Tax Rate +0.0356%
Year 2016 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $3,047.84 Change Rate +0.03959% Assessed CR Tax Rate +0.0344%
Year 2015 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $2,931.77 Change Rate +0.067072% Assessed CR Tax Rate +0.03309%
Year 2014 Assessed Value $88,600 Land Value $40,500 Improvement Value $48,100 Tax Amount $2,747.49 Change Rate +0.050119% Assessed CR Tax Rate +0.03101%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,616.36 Change Rate Assessed CR Tax Rate