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Single Family ResidenceResidential
$746,565$184 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

118 PROSPECT ST

NEWARK, NJ 07105
0
Baths
4,068 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2,849 ft²
Lot SizeThe size of the land the home sits on, from county records.
1867
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$747K
$693K low$800K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,630 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$240,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$76,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$164,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$240,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$240,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.40
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
68
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
83
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
47
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.07
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lafayette Street Elementary SchoolB
Elementary · Grades PK–8 · 0.1 mi
H
East Side High SchoolD-
High · Grades 9–12 · 0.4 mi

District: Newark City School District

Neighborhood · ZIP 07105These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.116
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.107
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.112

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.2.0%
PopulationHow many people live in this area.51,033
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.10,565 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$46,222
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$65,081
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

118 Prospect St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 75% of homes in Newark 07105
  • Costs less per square foot than 90% of homes in Essex County
  • Bigger than 90% of homes in Essex County
  • Has a smaller lot than 84% of homes in Essex County
  • Among the oldest homes in Essex County

What homes are worth in Newark 07105

Each bar is how many homes fall in that price range. The marker is this home.

This home
$263K$1M

This home is worth more than 75% of homes in Newark 07105.

How it measures up in Newark 07105

The dot is this home. The mark in the middle is the typical home in Newark 07105.

Estimated value$746,565
CheaperTypical $611,974Pricier

Pricier than 75% of homes nearby

Price per ft²$184
CheaperTypical $217Pricier

Pricier than 29% of homes nearby

Living area4,068 ft²
SmallerTypical 2,914 ft²Bigger

Bigger than 75% of homes nearby

Lot size2,849 ft²
SmallerTypical 2,483 ft²Bigger

Bigger than 64% of homes nearby

Year built1867
OlderTypical 1908Newer

Newer than 3% of homes nearby

How 118 Prospect St ranks against every home in each area.
MeasureThis homeNewark 07105Essex County
Estimated valuepricier than$746,56575% of homes57% of homes
Price per ft²pricier than$18429% of homes10% of homes
Living areabigger than4,068 ft²75% of homes90% of homes
Lot sizebigger than2,849 ft²64% of homes16% of homes
Year builtnewer than18673% of homesalmost no homes

About 118 Prospect St

How much is 118 Prospect St, Newark, NJ worth?

The TopHap Estimate for 118 Prospect St, Newark, NJ is $746,565 as of Aug 30, 2026. The likely range is $692,892 to $800,238. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 118 Prospect St, Newark, NJ last sell?

118 Prospect St, Newark, NJ last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 118 Prospect St, Newark, NJ?

118 Prospect St, Newark, NJ has 4,068 square feet of living space and a 0.07-acre lot.

When was 118 Prospect St, Newark, NJ built?

118 Prospect St, Newark, NJ was built in 1867, making it 159 years old. The building has 2 stories.

What schools serve 118 Prospect St, Newark, NJ?

118 Prospect St, Newark, NJ is assigned to Lafayette Street Elementary School (elementary), rated B; East Side High School (high), rated D-. All sit in Newark City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 118 Prospect St, Newark, NJ compare to other homes in Newark 07105?

Among the 5,676 homes in Newark 07105, it is worth more than 75% of them ($746,565 against a typical $611,974), its price per square foot is higher than 29% of them ($184 against a typical $217), it is bigger than 75% of them (4,068 ft² against a typical 2,914 ft²), its lot is bigger than 64% of them (2,849 ft² against a typical 2,483 ft²) and it is newer than 3% of them (1867 against a typical 1908). Measured against all of Essex County, it is worth more than 57% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 118 Prospect St, Newark, NJ?

The 2025 property tax bill for 118 Prospect St, Newark, NJ was $9,630. The county assessed it at $240,800.

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