516-532 Mayor Gibson, Newark, NJ 07102 Property Information
516-532 Mayor Gibson, Newark, NJ 07102 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 516-532 Mayor Gibson, Newark |
| Zip code | 07102 |
| County | Essex |
| Municipality | Newark City |
| Block | 24 |
| Lot | 40 |
| Neighborhood | Downtown Newark |
Sales & Tax Overview for 516-532 Mayor Gibson, Newark
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 08/22/2022 |
| Sale price | $2,200,000 |
| Arm's length | Register |
| Property tax | $999,750 |
Lot & Building Information for 516-532 Mayor Gibson, Newark
| Building sqft | 1,370 |
| Building class | Office-Corporate Headquarters (561) |
| Acreage | 1.181 |
| Year built | 1900 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 516-532 Mayor Gibson, Newark
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- • Improvements for 516-532 Mayor Gibson, Newark , including their type, square footage, grade and when they were built.
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About 516-532 Mayor Gibson, Newark
This Office-Corporate Headquarters (561) located at 516-532 Mayor Gibson, Newark, NJ 07102 has a total of 1,370 square feet and a current price per square foot of $1,605.
What is the year built & the current market value of 516-532 Mayor Gibson, Newark, NJ 07102?516-532 Mayor Gibson, Newark, NJ 07102 was built in 1900 and has a current tax assessor's market value of $25,000,000.
Ownership Information
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Past Sales & Property History for 516-532 Mayor Gibson, Newark
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*Here are the three most recent sales for this property.
Title Documents for 516-532 Mayor Gibson, Newark
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R: Recorded date
D: Document date
Property Taxes for 516-532 Mayor Gibson, Newark
Access detailed property tax data for 516-532 Mayor Gibson, Newark, NJ 07102. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $999,750 |
| Market value | $25,000,000 |
Assessment History for 516-532 Mayor Gibson, Newark
Here's the assessment & property tax history for 516-532 Mayor Gibson, Newark, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $25,000,000 | $25,000,000 | 3.999 | $999,750 | +5.15% |
| 2024 | $25,000,000 | $25,000,000 | 3.803 | $950,750 | +2.01% |
| 2023 | $25,000,000 | $25,000,000 | 3.728 | $932,000 | -7.61% |
| 2022 | $27,000,000 | $27,000,000 | 3.736 | $1,008,720 | +0.05% |
| 2021 | $27,000,000 | $27,000,000 | 3.734 | $1,008,180 | -1.74% |
Demographics by Zip Code
| Total population | 12,358 |
| Median age | 33.7 |
| Average household income | $66,509 |
| Family households | 36.4% |
| Occupied housing units | 6,270 |
| Owner occupied units | 6.0% |
| People per household (average) | 1.66 |
| Median year structure built | 1965 |
| Median value for units with a mortgage | $441,900 |
| Median value for units without a mortgage | $0 |
Risk
Create a free account to unlock extended information for 516-532 Mayor Gibson, Newark, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 516-532 Mayor Gibson, Newark to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 516-532 Mayor Gibson, Newark
Here are the neighbors for 516-532 Mayor Gibson, Newark.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 500-506 Mayor Gibson, Newark | 1,370 | 07/23/1997 | $1,200,000 |
| 394 Mayor Gibson, Newark | 1,370 | 06/08/2022 | |
| 386-390 Mayor Gibson, Newark | 16,800 | 04/26/2023 | |
| 392 Mayor Gibson, Newark | 1,370 | 03/04/2022 | $1 |
| 501-551 Mayor Gibson, Newark | |||
| 561 Mayor Gibson, Newark | 12/09/2003 | $100 | |
| 380-384 Mayor Gibson, Newark | 1,370 | 05/16/1996 | $229,000 |
| 402 Mayor Gibson, Newark | 11/27/2007 | $620,000 | |
| 569-577 Mayor Gibson, Newark | 1,370 | 05/04/2022 | $4,250,000 |
| 563 Mayor Gibson, Newark | 04/28/2016 | $650,000 | |
| 559 Mayor Gibson, Newark | 01/27/2021 | ||
| 11-17 Bridge St, Newark | 08/21/2017 | $300,000 | |
| 565 Mayor Gibson, Newark | |||
| 450-466 Mayor Gibson, Newark | 03/15/2023 | ||
| 396-400 Mayor Gibson, Newark | 1,370 | 06/08/2022 | $60,696 |
| 24-26 8th Ave, Newark | 1,370 | 05/03/1996 | $16,000 |
| 567 Mayor Gibson, Newark | 04/09/1998 | $175,000 | |
| 508-514 Mayor Gibson, Newark | 1,370 | ||
| 534-536 Mayor Gibson, Newark | 1,370 | 06/16/2005 | $2,500,000 |
| 538-546 Mayor Gibson, Newark | 1,370 | 12/16/2019 |