NOT LISTED FOR SALE

123 Mayor Kenneth A Gibson Blvd Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood
-- Bed
-- Bath
1,510 Sq Ft
4,000 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $155,000 $103 Per Sq Ft

37 Days on Market

Highlights

  • 0.09 Acre Lot
  • No HOA
  • Ductless Heating Or Cooling System
  • Attic
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of January 2023

This 3 unit is partially updated and has 2 good tenants. The one vacant unit was just recently completely renovated with laminate and ceramic tile floors, ceramic tile shower, corian countertops, ceramic tile backsplash, new kitchen and bathroom cabinets and fixtures. There is also a loft for storage or an up and away bedroom. The middle unit has not been renovated but is has been maintained. And then unit 123 has an updated bathroom, ceramic tile shower, and updated kitchen and a 1 Car Attached Garage. Many building materials, including carpet and ceramic tile, are going with the sale for the new owner to continue the upgrades. These are located in the detached shed, which provides a private and secure storage locker for each unit. You have got to come see the many upgrades that have been done to this property. Great Cash Flow potential.

Last Agent to Sell the Property

Jay WHISTLER III

(717) 436-9191 c21jaywhistler@gmail.com Century 21 Above and Beyond License #RS280132 Listed on: 11/18/2022

Century 21 Above and Beyond

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1900

Lot Details

  • 4,000 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Slab Foundation

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater

Additional Features

  • Attic

Listing and Financial Details

  • Assessor Parcel Number 61-02-002-170

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 1,510 Sq Ft Building

Building Details

  • Operating Expense $4,032
  • Gross Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$831

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Building Total Sq Ft: 1510.00
  • Exclusions: Washer and Dryer in Unit 123
  • Inclusions: Appliances
  • Year Built: 1900
  • Remarks Public: This 3 unit is partially updated and has 2 good tenants. The one vacant unit was just recently completely renovated with laminate and ceramic tile floors, ceramic tile shower, corian countertops, ceramic tile backsplash, new kitchen and bathroom cabinets and fixtures. There is also a loft for storage or an up and away bedroom. The middle unit has not been renovated but is has been maintained. And then unit 123 has an updated bathroom, ceramic tile shower, and updated kitchen and a 1 Car Attached Garage. Many building materials, including carpet and ceramic tile, are going with the sale for the new owner to continue the upgrades. These are located in the detached shed, which provides a private and secure storage locker for each unit. You have got to come see the many upgrades that have been done to this property. Great Cash Flow potential.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Slab
  • Street Number Modifier: 123

Exterior Features

  • Construction Completed: Yes
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ductless/Mini-Split
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Water Sewer Expenses: 225.00

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 500.44
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 831.12
  • Assessor Parcel Number: 61-02-002-170
  • Tax Year: 2022
  • Close Date: 01/31/2023

Multi Family

  • Federal Flood Zone: C or X
  • Gross Scheduled Income: 10200.00
  • Metering: Fully Separate
  • Operating Expense: 4032.00
  • Other Units: Unit 1,Unit 2,Unit 3

Range of Values:

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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 Change Sq Ft Price
01/31/2023 01/31/23 Sold $155,000 0.0% $103 / Sq Ft
12/25/2022 12/25/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $155,000 -- $103 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jay WHISTLER III

    Seller's Agent in 2023

    Jay WHISTLER III

    Century 21 Above and Beyond

    (717) 436-9191

    1 in this area

    62 Total Sales

    Jay WHISTLER III
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Map

Source: Bright MLS

MLS Number: PASY2001758

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

123 Mayor Kenneth A Gibson Blvd, Newark, NJ

This home is located at 123 Mayor Kenneth A Gibson Blvd, Newark, NJ 07104 since 18 November 2022. This property was built in 1900. 123 Mayor Kenneth A Gibson Blvd is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

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