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875-887 Mayor Gibson, Newark, NJ 07102 Property Information

875-887 Mayor Gibson, Newark, NJ 07102 Property Information

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  • Neighborhood
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875-887 Mayor Gibson, Newark, NJ 07102
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Address

Primary address 875-887 Mayor Gibson, Newark
Zip code 07102
County Essex
Municipality Newark City
Block 93
Lot 1
Neighborhood Downtown Newark

Sales & Tax Overview for 875-887 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 11/01/2019
Sale price $1
Arm's length
Property tax $91,977

Lot & Building Information for 875-887 Mayor Gibson, Newark

Building class Commercial-Other (100)
Acreage 0.448
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 875-887 Mayor Gibson, Newark

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About 875-887 Mayor Gibson, Newark

What is the assessed value of 875-887 Mayor Gibson, Newark, NJ 07102 and the property tax paid?

Assessed at $2,300,000, the tax amount paid for 875-887 Mayor Gibson, Newark, NJ 07102 is $91,977.

When was 875-887 Mayor Gibson, Newark, NJ 07102 last sold and what was the last sale price?

875-887 Mayor Gibson, Newark, NJ 07102 was last sold in 11/01/2019 for $1.

Ownership Information

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Past Sales & Property History for 875-887 Mayor Gibson, Newark

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Purchase date Purchase price Buyer name Seller name
11/01/2019 $1
07/17/1998 $900,000
       
       
       
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Title Documents for 875-887 Mayor Gibson, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/08/2020 - R
11/01/2019 - D
Deed and Realty Tax Fees
07/17/1998 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 875-887 Mayor Gibson, Newark

Access detailed property tax data for 875-887 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 $91,977
Market value $2,300,000

Assessment History for 875-887 Mayor Gibson, Newark

Here's the assessment & property tax history for 875-887 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 $2,300,000 $2,300,000 3.999 $91,977 +5.15%
2024 $2,300,000 $2,300,000 3.803 $87,469 +2.01%
2023 $2,300,000 $2,300,000 3.728 $85,744 -0.21%
2022 $2,300,000 $2,300,000 3.736 $85,928 -16.32%
2021 $2,750,000 $2,750,000 3.734 $102,685 -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

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 875-887 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 875-887 Mayor Gibson, Newark

Here are the neighbors for 875-887 Mayor Gibson, Newark.

Address Square feet Purchase date Purchase price
9-13 Hill St, Newark 683 01/21/2021
899-901 Mayor Gibson, Newark 02/27/2023 $1
388-408 Ml King Blvd, Newark 683 06/12/1974
66 Warren St, Newark 683 05/16/1980
742 Warren St, Newark 683
110 Warren St, Newark 683
895-897 Mayor Gibson, Newark 03/03/2009 $1
29 Hill St, Newark 11/21/2017 $12,700,000
903-905 Mayor Gibson, Newark 11,600 02/27/2023 $1
104-108 Warren St, Newark 683 07/13/1982 $48,000
72-78 Warren St, Newark 683 09/12/1979
15-21 Hill St, Newark 01/23/2019
23-27 Hill St, Newark 11/21/2017 $12,700,000
239-249 University Ave, Newark 683 09/12/1979
90 Warren St, Newark 683 09/12/1979
889-893 Mayor Gibson, Newark 11/01/2019 $10
907-913 Mayor Gibson, Bloomfield 683 02/27/2023 $1
915-933 Mayor Gibson, Newark 683 12/23/2016 $1,995,000
64 Warren St, Newark 683 05/16/1980
227-237 University Ave, Newark 683 05/16/1980 $178,990

Nearby ZIP Codes for 875-887 Mayor Gibson, Newark

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