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Single Family ResidenceResidential
$372,842$84 / 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 86How 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 $550,000 on Apr 6, 2026

40 ROSE TER

NEWARK, NJ 07108
0
Baths
4,454 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.
3,450 ft²
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$373K
$321K low$425K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$550,000 · Apr 6, 2026
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.$359,836
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$287,869
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.3%
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.$13,006
Null Placeholder · 6.3% · recorded Jun 16, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,334 (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.$158,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$28,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$130,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$158,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$158,400

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.0.08
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(10)

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(3)

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

E
Avon Avenue Elementary SchoolD+
Elementary · Grades KG–8 · 0.0 mi
H
Central High SchoolF
High · Grades 9–12 · 0.5 mi

District: Newark City School District

Neighborhood · ZIP 07108These 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.158
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.110

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.32%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.29,419
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.21,727 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$38,752
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57,561
Average tempThe average temperature here across a full year.53°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%

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

40 Rose 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 92% of homes in Essex County
  • Among the lowest price per square foot in Essex County
  • Bigger than 94% of homes in Essex County
  • Has a smaller lot than 77% of homes in Essex County
  • Newer than 66% of homes in Newark 07108

What homes are worth in Newark 07108

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

This home
$285K$681K

This home is worth more than 16% of homes in Newark 07108.

How it measures up in Newark 07108

The dot is this home. The mark in the middle is the typical home in Newark 07108.

Estimated value$372,842
CheaperTypical $447,563Pricier

Pricier than 16% of homes nearby

Price per ft²$84
CheaperTypical $140Pricier

Pricier than 6% of homes nearby

Living area4,454 ft²
SmallerTypical 3,669 ft²Bigger

Bigger than 70% of homes nearby

Lot size3,450 ft²
SmallerTypical 3,615 ft²Bigger

Bigger than 45% of homes nearby

Year built1925
OlderTypical 1917Newer

Newer than 66% of homes nearby

How 40 Rose Ter ranks against every home in each area.
MeasureThis homeWest SideNewark 07108Essex County
Estimated valuepricier than$372,84230% of homes16% of homes8% of homes
Price per ft²pricier than$84almost no homes6% of homesalmost no homes
Living areabigger than4,454 ft²84% of homes70% of homes94% of homes
Lot sizebigger than3,450 ft²67% of homes45% of homes23% of homes
Year builtnewer than192543% of homes66% of homes36% of homes

About 40 Rose Ter

How much is 40 Rose Ter, Newark, NJ worth?

The TopHap Estimate for 40 Rose Ter, Newark, NJ is $372,842 as of Jul 14, 2026. The likely range is $320,768 to $424,916. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Rose Ter, Newark, NJ last sell?

40 Rose Ter, Newark, NJ last sold on Apr 6, 2026 for $550,000, according to the county's recorded deed. TopHap holds 6 recorded sales for this parcel.

How big is 40 Rose Ter, Newark, NJ?

40 Rose Ter, Newark, NJ has 4,454 square feet of living space and a 0.08-acre lot.

When was 40 Rose Ter, Newark, NJ built?

40 Rose Ter, Newark, NJ was built in 1925, making it 101 years old. The building has 2 stories.

What schools serve 40 Rose Ter, Newark, NJ?

40 Rose Ter, Newark, NJ is assigned to Avon Avenue Elementary School (elementary), rated D+; Central 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 Rose Ter, Newark, NJ compare to other homes in Newark 07108?

Among the 2,919 homes in Newark 07108, it is worth more than 16% of them ($372,842 against a typical $447,563), its price per square foot is higher than 6% of them ($84 against a typical $140), it is bigger than 70% of them (4,454 ft² against a typical 3,669 ft²), its lot is bigger than 45% of them (3,450 ft² against a typical 3,615 ft²) and it is newer than 66% of them (1925 against a typical 1917). Measured against all of Essex County, it is worth more than 8% 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 Rose Ter, Newark, NJ?

The 2025 property tax bill for 40 Rose Ter, Newark, NJ was $6,334. The county assessed it at $158,400.

More homes on Rose Ter

Closest homes

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Assigned schools

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