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Single Family ResidenceResidential
$490,116$113 / 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 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $615,000 on Feb 27, 2025

40 MEAD ST

NEWARK, NJ 07106
0
Baths
4,344 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.
2,300 ft²
Lot SizeThe size of the land the home sits on, from county records.
1917
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$490K
$432K low$549K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$615,000 · Feb 27, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,487 (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.$137,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$15,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$121,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$137,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$137,200

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.0.05
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(9)

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(5)

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 SchoolD+
Elementary · Grades PK–8 · 0.4 mi
H
West Side High SchoolF
High · Grades 9–12 · 1.5 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%

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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

40 Mead 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 less than 83% of homes in Essex County
  • Among the lowest price per square foot in Essex County
  • Bigger than 92% of homes in Essex County
  • Has a smaller lot than 98% of homes in Lower Vailsburg
  • Older than 78% of homes in Newark 07106

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
$316K$790K

This home is worth more than 47% 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$490,116
CheaperTypical $496,885Pricier

Pricier than 47% of homes nearby

Price per ft²$113
CheaperTypical $195Pricier

Pricier than 5% of homes nearby

Living area4,344 ft²
SmallerTypical 2,548 ft²Bigger

Bigger than 89% of homes nearby

Lot size2,300 ft²
SmallerTypical 3,746 ft²Bigger

Bigger than 2% of homes nearby

Year built1917
OlderTypical 1925Newer

Newer than 22% of homes nearby

How 40 Mead St ranks against every home in each area.
MeasureThis homeLower VailsburgNewark 07106Essex County
Estimated valuepricier than$490,11646% of homes47% of homes17% of homes
Price per ft²pricier than$1134% of homes5% of homesalmost no homes
Living areabigger than4,344 ft²88% of homes89% of homes92% of homes
Lot sizebigger than2,300 ft²2% of homes2% of homes8% of homes
Year builtnewer than191727% of homes22% of homes22% of homes

About 40 Mead St

How much is 40 Mead St, Newark, NJ worth?

The TopHap Estimate for 40 Mead St, Newark, NJ is $490,116 as of Sep 24, 2026. The likely range is $431,598 to $548,634. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Mead St, Newark, NJ last sell?

40 Mead St, Newark, NJ last sold on Feb 27, 2025 for $615,000, according to the county's recorded deed. TopHap holds 6 recorded sales for this parcel.

How big is 40 Mead St, Newark, NJ?

40 Mead St, Newark, NJ has 4,344 square feet of living space and a 0.05-acre lot.

When was 40 Mead St, Newark, NJ built?

40 Mead St, Newark, NJ was built in 1917, making it 109 years old. The building has 2 stories.

What schools serve 40 Mead St, Newark, NJ?

40 Mead St, Newark, NJ is assigned to Ivy Hill Elementary School (elementary), rated D+; 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 40 Mead St, Newark, NJ compare to other homes in Newark 07106?

Among the 4,932 homes in Newark 07106, it is worth more than 47% of them ($490,116 against a typical $496,885), its price per square foot is higher than 5% of them ($113 against a typical $195), it is bigger than 89% of them (4,344 ft² against a typical 2,548 ft²), its lot is bigger than 2% of them (2,300 ft² against a typical 3,746 ft²) and it is newer than 22% of them (1917 against a typical 1925). Measured against all of Essex County, it is worth more than 17% 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 40 Mead St, Newark, NJ?

The 2025 property tax bill for 40 Mead St, Newark, NJ was $5,487. The county assessed it at $137,200.

More homes on Mead St

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Assigned schools

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