Property
Newark City, NJ 07104 116 Mayor Gibson
$560,000
8 more
Presented By: KEYPOINT REALTY LLC; 732-534-5300
Beds • 6- Baths • 3
Beds • 6
Baths • 3Home Details
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.
Presented By: KEYPOINT REALTY LLC; 732-534-5300
Interior Features for 116 Mayor Gibson
Bedrooms
Total Bedrooms6
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 4 Appl/EquipSee Remarks
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
Unit 3 Appl/EquipSee Remarks
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionSee Remarks
Unit 1 Room DescriptionSee Remarks
Unit 2 Room DescriptionSee Remarks
General for 116 Mayor Gibson
Architectural Style3-Three Story
CoolingNone
CountyEssex
Directionssee map
DriveSee Remarks
EasementUnknown
Full Baths3
Gross Income
HeatingBaseboard - Hotwater
Net Operating Income
Number Of Units Total3
Open Parking Spaces
Operating Expense
Possessionclosing
RoofSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11595
Tax Assessed Value304900
Tax Lot51
Tax Year2024
Total Rooms13
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1897
Exterior for 116 Mayor Gibson
Exterior DescriptionSee Remarks
Lot Dimensions30X100
Lot Size Acres0.07
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate