Essex County  »  07102  »  Mayor Gibson  »  516-532 Mayor Gibson

516-532 Mayor Gibson, Newark, NJ 07102 - Property report

Also known as: 516-532 Mayor Gibson

Property image for 516-532 Mayor Gibson, Newark, NJ 07102
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Property type

Office-Corporate Headquarters (561)

Year built

1900

Acreage

1.181

Sale price

$2,200,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
516-532 Mayor Gibson
ZIP code
07102
County
Essex
Block
24
Lot
40
Neighborhood
Downtown Newark
Municipality
714
Qualifier
Parcel ID
24-40

Owner

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Sales
Sale date
08/22/2022
Sale price
$2,200,000
Arm's length
Tax
Tax year
2026
Current property tax
$999,750
Building
Property type
Office-Corporate Headquarters (561)
Building sq. ft.
1,370
Year built
1900
Exterior structural material
Lot
Acreage
1.181
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
83 /100.  Excellent Transit
Bike score
70 /100.  Very Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 516-532 Mayor Gibson, Newark, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 516-532 Mayor Gibson, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
08/22/2022 $2,200,000 XXX XXXXX XXXXXXXX XXX XXXXX-XXXXXXXX XXXXXXXXXX, XXX; XXXXXX XXXXXXXX XXXXXX XXX
08/22/2022 $1 XXX XXXXX XXXXXX XXXXXX XXX; XXX XXXXX XXXXXX XXX XXX XXXXX XXXXXX XXXXXX XXX; XXXXXXXXXXX XXXXX
08/19/2022 $1 XXXXX XXXXXXXX XXXXXXXXXX XXX XXXXX XXXXXXXX XXXXXXXXXX XXX; XXXXXX XXXXXXXX XXXXXX, XXX

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
02/14/2025 - R Mortgage XXX XXXXX XXXXXX XXXXXXXX XXX XXX XXX XXXX XXXX XX XX
09/08/2022 - R
08/22/2022 - D		 Deed and Realty Tax Fees XXX XXXXX XXXXXX XXXXXX XXX XXX XXXXX XXXXXX XXXXXX XXX
09/08/2022 - R
08/22/2022 - D		 Deed and Realty Tax Fees XXXXX-XXXXXXXX XXXXXXXXXX, XXX XXX XXXXX XXXXXXXX XXX
09/01/2022 - R
08/19/2022 - D		 Deed and Realty Tax Fees XXXXX XXXXXXXX XXXXXXXXXX XXX XXXXX XXXXXXXX XXXXXXXXXX XXX
03/31/2022 - R Mortgage XXXXX-XXXXXXXX XXXXXXXXXX XXX XXX XXXXX XXXXXX XXX
08/10/2021 - R Mortgage XXXXX-XXXXXXXX XXXXXXXXXX XXX XXX XXXXX XXXXXX XXX
08/10/2021 - R
07/09/2021 - D		 Declaration of Restrictions XXXXX-XXXXXXXX XXXXXXXXXX, XXX XXX XXXXX XXXXXX XXX
02/11/2008 - R
02/07/2008 - D		 Deed and Realty Tax Fees XXX XXXXX XXXXXX XXX XXXXX XXXXXXXX XXXXX
06/15/1999 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 516-532 Mayor Gibson, Newark, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$999,750
Recent tax assessments
Market value
$25,000,000
Land value
$15,000,000
Building value
$10,000,000

More about Essex County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y 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%
2020 $27,000,000 $27,000,000 3.8 $1,026,000 +36.40%
2019 $20,000,000 $20,000,000 3.761 $752,200 +1.84%
2018 $20,000,000 $20,000,000 3.693 $738,600 +3.74%
2017 $20,000,000 $20,000,000 3.56 $712,000 +3.49%
2016 $20,000,000 $20,000,000 3.44 $688,000 +3.96%
Permits

Permit information for 516-532 Mayor Gibson, Newark, NJ

No recently recorded permits for this property.

Neighborhood

Demographics by ZIP code

Total population
12,358
Median age
33.7
Average household income
$66,509
Family households
36.4%
People per household (average)
1.66
Occupied housing units
6,270
Owner-occupied units
6.0%
Median year structure built
1965
Median value mortgaged units
$441,900

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 516-532 Mayor Gibson, Newark, NJ 07102 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 516-532 Mayor Gibson, Newark, NJ

500-506 Mayor Gibson, Newark 386-390 Mayor Gibson, Newark 392 Mayor Gibson, Newark 501-551 Mayor Gibson, Newark 561 Mayor Gibson, Newark 380-384 Mayor Gibson, Newark 402 Mayor Gibson, Newark 569-577 Mayor Gibson, Newark 563 Mayor Gibson, Newark 559 Mayor Gibson, Newark 11-17 Bridge St, Newark 565 Mayor Gibson, Newark 450 Rear Broad St, Newark 24-26 8th Ave, Newark 567 Mayor Gibson, Newark 508-514 Mayor Gibson, Newark 534-536 Mayor Gibson, Newark 538-546 Mayor Gibson, Newark

Nearby ZIP codes for 516-532 Mayor Gibson, Newark, NJ

07003, Essex County, NJ 07017, Essex County, NJ 07018, Essex County, NJ 07028, Essex County, NJ 07031, Bergen County, NJ 07032, Hudson County, NJ 07050, Essex County, NJ 07103, Essex County, NJ 07104, Essex County, NJ 07105, Essex County, NJ 07106, Essex County, NJ 07107, Essex County, NJ 07108, Essex County, NJ 07109, Essex County, NJ 07111, Essex County, NJ 07112, Essex County, NJ 07114, Essex County, NJ 07201, Union County, NJ 07205, Union County, NJ

Frequently asked questions

What is the year built for 516-532 Mayor Gibson, Newark, NJ 07102?

The development at 516-532 Mayor Gibson, Newark, NJ 07102 was built in 1900.

What is the market value of 516-532 Mayor Gibson, Newark, NJ 07102?

The current market value of 516-532 Mayor Gibson, Newark, NJ 07102 is $25,000,000.

What is the total square footage of 516-532 Mayor Gibson, Newark, NJ 07102?

516-532 Mayor Gibson, Newark, NJ 07102 has a total of 1,370 square feet.

What is the price per square foot for this property?

$1,605 per square foot is the price for 516-532 Mayor Gibson, Newark, NJ 07102.

Disclaimer

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