Essex County  »  07104  »  Mayor Gibson  »  386-390 Mayor Gibson

386-390 Mayor Gibson, Newark, NJ 07104 - Property report

Also known as: 386-390 Mayor Gibson

Property image for 386-390 Mayor Gibson, Newark, NJ 07104
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Property type

Office Building (SCILSO)

Acreage

0.138

Sale price

$850,000

General information

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Address
Primary address
386-390 Mayor Gibson
ZIP code
07104
County
Essex
Block
29
Lot
8
Neighborhood
Mount Pleasant
Municipality
714
Qualifier
Parcel ID
29-8

Owner

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Sales
Sale date
09/27/1991
Sale price
$850,000
Arm's length
Tax
Tax year
2026
Current property tax
$34,991
Building
Property type
Office Building
Building sq. ft.
16,800
Exterior structural material
Lot
Acreage
0.138
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
82 /100.  Excellent Transit
Bike score
51 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 386-390 Mayor Gibson, Newark, NJ

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

Sales history for 386-390 Mayor Gibson, Newark, NJ 07104

Sale date Sale price Buyer name Seller name
09/27/1991 $850,000

*Most recent sale on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/21/2023 - R Mortgage XXX XXXXX XXX XXX XXXXXXXXX XXXX
06/21/2023 - R Mortgage XXX XXXXX XXX XXX XXXXXXXXX XXXX
06/21/2023 - R
04/26/2023 - D
Deed and Realty Tax Fees XXXXXX XX XXX XXXXXX XXXXXXXXX XXXXXXXXXX XXX XXX XXXXX XXX XXX
09/27/1991 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 386-390 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
$34,991
Recent tax assessments
Market value
$875,000
Land value
$345,600
Building value
$529,400

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 $1,000,000 $1,000,000 3.999 $39,990 -43.40%
2024 $1,857,700 $1,857,700 3.803 $70,648 +2.01%
2023 $1,857,700 $1,857,700 3.728 $69,255 -0.21%
2022 $1,857,700 $1,857,700 3.736 $69,404 +0.05%
2021 $1,857,700 $1,857,700 3.734 $69,367 -1.74%
2020 $1,857,700 $1,857,700 3.8 $70,593 +1.04%
2019 $1,857,700 $1,857,700 3.761 $69,868 +1.84%
2018 $1,857,700 $1,857,700 3.693 $68,605 +3.74%
2017 $1,857,700 $1,857,700 3.56 $66,134 +3.49%
2016 $1,857,700 $1,857,700 3.44 $63,905 +3.96%

Permit information for 386-390 Mayor Gibson, Newark, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
52,266
Median age
36.5
Average household income
$74,052
Family households
60.7%
People per household (average)
2.55
Occupied housing units
20,207
Owner-occupied units
28.4%
Median year structure built
1964
Median value mortgaged units
$409,400
Median value unmortgaged units
$265,700

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 386-390 Mayor Gibson, Newark, NJ 07104 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 386-390 Mayor Gibson, Newark, NJ 07104?

The current market value of 386-390 Mayor Gibson, Newark, NJ 07104 is $875,000.

What is the total square footage of 386-390 Mayor Gibson, Newark, NJ 07104?

386-390 Mayor Gibson, Newark, NJ 07104 has a total of 16,800 square feet.

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