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Single Family ResidenceResidential
$433,548$349 / 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 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $381,000 on Dec 30, 2022

242 RICHELIEU TER

NEWARK, NJ 07106
0
Baths
1,244 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.
2,905 ft²
Lot SizeThe size of the land the home sits on, from county records.
1929
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$434K
$377K low$490K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$381,000 · Dec 30, 2022
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$63,978
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$51,182
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.88%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$369,570
JPMORGAN CHASE BANK NA · recorded Dec 30, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,534 (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.$163,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$144,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$163,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$163,400

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)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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

Foreclosure Filings(4)

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

E
Ivy Hill Elementary SchoolB
Elementary · Grades PK–8 · 0.1 mi
H
West Side High SchoolF
High · Grades 9–12 · 1.8 mi

District: Newark City School District

Neighborhood · ZIP 07106These 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.115
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.109

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.35,389
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.24,908 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$58,852
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$79,522
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

242 Richelieu Ter 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 less than 88% of homes in Essex County
  • Costs more per square foot than 97% of homes in Ivy Hill
  • Smaller than 96% of homes in Ivy Hill
  • Has a smaller lot than 95% of homes in Ivy Hill

What homes are worth in Newark 07106

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

This home
$299K$779K

This home is worth more than 30% of homes in Newark 07106.

How it measures up in Newark 07106

The dot is this home. The mark in the middle is the typical home in Newark 07106.

Estimated value$433,548
CheaperTypical $471,523Pricier

Pricier than 30% of homes nearby

Price per ft²$349
CheaperTypical $197Pricier

Pricier than 94% of homes nearby

Living area1,244 ft²
SmallerTypical 2,551 ft²Bigger

Bigger than 5% of homes nearby

Lot size2,905 ft²
SmallerTypical 3,746 ft²Bigger

Bigger than 19% of homes nearby

Year built1929
OlderTypical 1925Newer

Newer than 64% of homes nearby

How 242 Richelieu Ter ranks against every home in each area.
MeasureThis homeIvy HillNewark 07106Essex County
Estimated valuepricier than$433,54832% of homes30% of homes12% of homes
Price per ft²pricier than$34997% of homes94% of homes37% of homes
Living areabigger than1,244 ft²4% of homes5% of homes12% of homes
Lot sizebigger than2,905 ft²5% of homes19% of homes17% of homes
Year builtnewer than192940% of homes64% of homes45% of homes

About 242 Richelieu Ter

How much is 242 Richelieu Ter, Newark, NJ worth?

The TopHap Estimate for 242 Richelieu Ter, Newark, NJ is $433,548 as of Jul 14, 2026. The likely range is $377,129 to $489,967. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 Richelieu Ter, Newark, NJ last sell?

242 Richelieu Ter, Newark, NJ last sold on Dec 30, 2022 for $381,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 242 Richelieu Ter, Newark, NJ?

242 Richelieu Ter, Newark, NJ has 1,244 square feet of living space and a 0.07-acre lot.

When was 242 Richelieu Ter, Newark, NJ built?

242 Richelieu Ter, Newark, NJ was built in 1929, making it 97 years old. The building has 2 stories.

What schools serve 242 Richelieu Ter, Newark, NJ?

242 Richelieu Ter, Newark, NJ is assigned to Ivy Hill Elementary School (elementary), rated B; West Side High School (high), rated F. All sit in Newark City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 Richelieu Ter, Newark, NJ compare to other homes in Newark 07106?

Among the 4,932 homes in Newark 07106, it is worth more than 30% of them ($433,548 against a typical $471,523), its price per square foot is higher than 94% of them ($349 against a typical $197), it is bigger than 5% of them (1,244 ft² against a typical 2,551 ft²), its lot is bigger than 19% of them (2,905 ft² against a typical 3,746 ft²) and it is newer than 64% of them (1929 against a typical 1925). Measured against all of Essex County, it is worth more than 12% 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 242 Richelieu Ter, Newark, NJ?

The 2025 property tax bill for 242 Richelieu Ter, Newark, NJ was $6,534. The county assessed it at $163,400.

Closest homes

More homes in Newark 07106

Assigned schools

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