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116 Mayor Gibson Newark, NJ $ 560,000
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$ 560,000 Get more info
116 Mayor Gibson
$ 560,000
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Share Save

116 Mayor Gibson

Newark, NJ, 07104
$ 560,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 3,494

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Multi-Family Home for sale in Newark, NJ

for $560,000 with 6 bedrooms and 3 full baths. This home was built in 1897 on a lot size of 0.07.

Investor Special 3-Unit in Newark Great opportunity for investors. Three-family property with strong rental potential. Each unit has its own kitchen, bath, and living area. Needs renovation but offers excellent upside for income or resale. Full basement for storage. Convenient location close to transportation and schools. Property sold as-is, Purchaser responsible for CO.

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Multi-Family Active

Price

$ 560,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,595

Style

3-Three Story

Lot Size

0.07

Year Built

1897

Town/City

Newark

County/Region

Essex

MLS | Web ID

3994285
Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater
Cooling None
Utilities Gas-Natural
Possession closing
Roof See Remarks
Architectural Style 3-Three Story
Year Built 1897
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 3
Status Active
Directions see map
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 11595
Drive See Remarks
Standard Status Active
Tax Assessed Value 304900
Town # 1614
Tax Lot 51
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description See Remarks
Lot Dimensions 30X100
Lot Size Acres 0.07
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* Excluded Features
List By
YOSEF BEANE

Listing Agent

Keypoint Realty Llc

Broker

Affordability Calculator

$4,460
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,494
Monthly Property Taxes
$966
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/23/2025$560,000 Listed Price

Map

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116 Mayor Gibson, Newark, NJ, 07104 is a Multi-Family Home for sale at $560,000 with a lot size of 0.07. 116 Mayor Gibson has 6 bedrooms, 3.0 baths, and was built in 1897. The property's zip code is 07104 which is in Newark, NJ

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