$560,000

116 Mayor Kenneth A Gibson Blvd Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated payment $3,923/month

Total Views 3,154
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Yosef Beane

KEYPOINT REALTY LLC Brokerage Phone: 732-534-5300 Listed on: 10/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,595

Year Built

  • Built in 1897

Lot Details

  • 3,049 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-00522-0000-00051-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,595

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1897
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: see map
  • I D: 5393286
  • Attribution Contact: 732-534-5300
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 30X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11595
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00522-0000-00051-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 For Sale $560,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3994285

Garden State MLS
New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

116 Mayor Kenneth A Gibson Blvd, Newark, NJ

For Sale

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Nearby Homes
Yosef Beane
Listing Agent
Yosef Beane
Section Image
KEYPOINT REALTY LLC
(201) 904-4108