The following residential sales were reported in Newark in the week ending Sept. 3, according to BlockShopper.com. The median sales price was $1,025,000 and the median property tax bill was $5,700 for the previous year.
5906 CINNABAR Ct.
North Newark
$1,050,000
Property Tax (2021): $4,880.02
Effective Property Tax Rate: 0.46%
Buyer: Leung Kit M. and Kit M. (and others)
Seller: Kit Man Leung
6553 FLANDERS Dr.
North Newark
$1,025,000
Property Tax (2021): $2,276.58
Effective Property Tax Rate: 0.22%
Buyer: Gonzales Molly
Seller: Molly Gonzales
39865 CEDAR Blvd. 343
South Newark
$429,000
Property Tax (2021): $5,700.46
Effective Property Tax Rate: 1.33%
Buyer: Kim Taewan
Seller: Taewan Kim
36644 REGATTA Way.
North Newark
$1,255,000
Property Tax (2021): $5,979.18
Effective Property Tax Rate: 0.48%
Buyer: LI Ming & Leigh Victor (and others)
Seller: Ming LI
39997 CEDAR Blvd. 152
South Newark
$590,000
Property Tax (2021): $5,917.06
Effective Property Tax Rate: 1%
Buyer: Stephanus Fnu & KO Novie
Seller: Novie KO
