Essex County  »  07102  »  Mayor Gibson  »  500-506 Mayor Gibson

500-506 Mayor Gibson, Newark, NJ 07102 - Property report

Also known as: 500-506 Mayor Gibson

Property image for 500-506 Mayor Gibson, Newark, NJ 07102
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Property type

Public Property (15C)

Acreage

0.247

Sale price

$1,200,000

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
500-506 Mayor Gibson
ZIP code
07102
County
Essex
Block
24
Lot
56
Neighborhood
Downtown Newark
Municipality
714
Parcel ID
24-56

Owner

Find out who owns 500-506 Mayor Gibson, Newark, NJ 07102. Uncover corporate and individual owners with a free account.

Sales
Sale date
07/23/1997
Sale price
$1,200,000
Arm's length
Tax
Tax year
2026
Building
Property type
Public Property (15C)
Building sq. ft.
1,370
Exterior structural material
Lot
Acreage
0.247
Zoning & Use
Zoning

Area overview

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

Ownership information for 500-506 Mayor Gibson, Newark, NJ

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

Sales history for 500-506 Mayor Gibson, Newark, NJ 07102

Sale date Sale price Buyer name Seller name
07/23/1997 $1,200,000

*Most recent sale on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
07/23/1997 - D Deed and Realty Tax Fees

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500-506 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
Base tax
$338,539
Recent tax assessments
Market value
$8,465,600
Land value
$1,984,800
Building value
$6,480,800

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 $8,465,600 $8,465,600 3.999 $338,539 +5.15%
2024 $8,465,600 $8,465,600 3.803 $321,947 +2.01%
2023 $8,465,600 $8,465,600 3.728 $315,598 -0.21%
2022 $8,465,600 $8,465,600 3.736 $316,275 +0.05%
2021 $8,465,600 $8,465,600 3.734 $316,106 -1.74%
2020 $8,465,600 $8,465,600 3.8 $321,693 +1.04%
2019 $8,465,600 $8,465,600 3.761 $318,391 +1.84%
2018 $8,465,600 $8,465,600 3.693 $312,635 -55.12%
2017 $19,569,500 $19,569,500 3.56 $696,674 +3.49%
2016 $19,569,500 $19,569,500 3.44 $673,191 +3.96%
Permits

Permit information for 500-506 Mayor Gibson, Newark, NJ

No recently recorded permits for this property.

Neighborhood

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 500-506 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.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Newark Educators Charter School 4 Charter PK, K-4 169 0.17
Newark Educators Charter School 4 Charter PK, K-4 169 0.17
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.18
Team Academy Charter School 5 Charter K-12 6,096 0.42
Torchlight Educational Academy & Tutoring Center NR Private K-8 36 0.47
McKinley Elementary School 2 Public PK, K-8 686 0.54
McKinley Elementary School 2 Public PK, K-8 686 0.54
Hamilton Intermediate School 5 Public 4-5 278 0.56
Marwah Academy NR Private K-5 22 0.56
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.63
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.18
Team Academy Charter School 5 Charter K-12 6,096 0.42
Torchlight Educational Academy & Tutoring Center NR Private K-8 36 0.47
Alif Muhammad's Nia School NR Private 8-12 116 0.51
McKinley Elementary School 2 Public PK, K-8 686 0.54
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.63
East Newark Middle School NR Public 6-8 73 0.69
East Newark Public Elementary School 2 Public PK, K-8 227 0.71
Discovery Charter School 6 Charter 4-8 105 0.77
Franklin Elementary School 4 Public PK, K-8 745 0.81
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
The Mesivta of North Jersey NR Private 9-12 0 0.06
North Star Academy Charter School of Newark 6 Charter K-12 6,352 0.18
Team Academy Charter School 5 Charter K-12 6,096 0.42
Alif Muhammad's Nia School NR Private 8-12 116 0.51
Newark School Of Global Studies NR Public 9-10 290 0.54
Marion P. Thomas Charter School 3 Charter PK, K-12 1,425 0.63
Essex County Newark Tech 5 Public 9-12 519 0.71
St. Benedict's Preparatory School NR Private K-12 749 0.81
Essex Co JDC NR Public 7-12 0 0.87
Great Oaks Charter School 4 Charter PK, K-12 2,012 0.87

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 500-506 Mayor Gibson, Newark, NJ

386-390 Mayor Gibson, Newark 392 Mayor Gibson, Newark 516-532 Mayor Gibson, Newark 501-551 Mayor Gibson, Newark 380-384 Mayor Gibson, Newark 22 8th Ave, Newark 402 Mayor Gibson, Newark 569-577 Mayor Gibson, Newark 563 Mayor Gibson, Newark 24 8th Ave, 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 500-506 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 total square footage of 500-506 Mayor Gibson, Newark, NJ 07102?

500-506 Mayor Gibson, Newark, NJ 07102 has a total of 1,370 square feet.

When was 500-506 Mayor Gibson, Newark, NJ 07102 last sold and what was the sale price?

500-506 Mayor Gibson, Newark, NJ 07102 was last sold on 07/23/1997 for $1,200,000.

What is the assessed value of 500-506 Mayor Gibson, Newark, NJ 07102?

500-506 Mayor Gibson, Newark, NJ 07102 is currently assessed at $8,465,600.

What are the property taxes for 500-506 Mayor Gibson, Newark, NJ 07102?

The property taxes for 500-506 Mayor Gibson, Newark, NJ 07102 total $338,539.

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