Property
Newark City, NJ 07112 116 Mapes Ave
$710,000
7 more
Presented By: AMERICA'S ELITE GROUP LLC.
Beds • 5- Baths • 4
Beds • 5
Baths • 4Home Details
Welcome to 116 Mapes Ave, Newark, NJ, a great opportunity to own a solid 3-unit multi-family home in Weequahicy neighborhood. This property offers strong income potential with opportunities for future growth. First and third floor units are tenant occupied providing a steady source of income. The second floor is an owner occupied unit with recent updates, including modern appliances and fresh finishes, providing a cozy living environment. Don't miss your chance to make this property your next rental investment or your move-in ready home.Schedule an appointment today and come and see this 3-family home.
Presented By: AMERICA'S ELITE GROUP LLC.
Interior Features for 116 Mapes Ave
Bedrooms
Total Bedrooms5
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total1
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
UnitType2TotalRent1600
UnitType3TotalRent1300
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipMicrowave Oven, Range/Oven - Electric, See Remarks
Unit 2 Appl/EquipMicrowave Oven, Range/Oven - Electric, See Remarks
Unit 3 Appl/EquipMicrowave Oven, Range/Oven - Electric, See Remarks
BasementFinished
Fuel TypeElectric, Gas-Natural
Other Rooms
Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms2
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room, See Remarks
Unit 1 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room, See Remarks
Unit 2 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room, See Remarks
General for 116 Mapes Ave
Architectural Style3-Three Story, See Remarks
CoolingWindow A/C(s)
CountyEssex
DirectionsBergen St and Osborne Ter
Drive2 Car Width, Driveway-Exclusive, Off-Street Parking, See Remarks
EasementUnknown
ExclusionsWasher, dryer, and refrigerator on the 2nd fl, and personal items.
Full Baths4
GarageOn-Street Parking, See Remarks
Gross Income
HeatingBaseboard - Cast Iron, See Remarks
Net Operating Income
Number Of Units Total3
Open Parking Spaces3
Operating Expense0
Possessionclosing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7770
Tax Assessed Value194300
Tax Lot12
Tax Year2025
Total Rooms10
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built1922
Exterior for 116 Mapes Ave
Exterior DescriptionVinyl Siding
Lot Dimensions35X100
Lot Size Acres0.08
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner