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1042 Mayor Gibson, Newark, NJ 07102 Property Information

1042 Mayor Gibson, Newark, NJ 07102 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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1042 Mayor Gibson, Newark, NJ 07102
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Address

Primary address 1042 Mayor Gibson, Newark
Zip code 07102
County Essex
Municipality Newark City
Block 891
Lot 4
Neighborhood Lincoln Park

Sales & Tax Overview for 1042 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 12/19/2022
Sale price $1
Arm's length
Property tax $5,251

Lot & Building Information for 1042 Mayor Gibson, Newark

Building sqft 884
Building class Commercial-Other (100)
Acreage 0.086
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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

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Other Property Data for 1042 Mayor Gibson, Newark

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About 1042 Mayor Gibson, Newark

How many square feet does 1042 Mayor Gibson, Newark, NJ 07102 have?

This Commercial-Other (100) located at 1042 Mayor Gibson, Newark, NJ 07102 has a total of 884 square feet.

What is the assessed value of 1042 Mayor Gibson, Newark, NJ 07102 and the property tax paid?

Assessed at $131,300, the tax amount paid for 1042 Mayor Gibson, Newark, NJ 07102 is $5,250.

When was 1042 Mayor Gibson, Newark, NJ 07102 last sold and what was the last sale price?

1042 Mayor Gibson, Newark, NJ 07102 was last sold in 12/19/2022 for $1.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 1042 Mayor Gibson, Newark

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Purchase date Purchase price Buyer name Seller name
12/19/2022 $1

Title Documents for 1042 Mayor Gibson, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
12/19/2022 - D
12/19/2022 - R
Quitclaim Deed
01/10/1983 - D Deed and Realty Tax Fees
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 1042 Mayor Gibson, Newark

Access detailed property tax data for 1042 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 $5,251
Market value $131,300

Assessment History for 1042 Mayor Gibson, Newark

Here's the assessment & property tax history for 1042 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 $131,300 $131,300 3.999 $5,251 +5.15%
2024 $131,300 $131,300 3.803 $4,993 +2.01%
2023 $131,300 $131,300 3.728 $4,895 -0.21%
2022 $131,300 $131,300 3.736 $4,905 +0.05%
2021 $131,300 $131,300 3.734 $4,903 -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%
Average number of people per household 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

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Neighbors for 1042 Mayor Gibson, Newark

Here are the neighbors for 1042 Mayor Gibson, Newark.

Address Square feet Purchase date Purchase price
17-19 Chestnut St, Newark 5,587 05/30/2003 $360,000
22 Camp St, Newark 5,391 05/21/2014 $240,000
25 Chestnut St, Newark 10/28/2002 $91,193
136 Orchard St, Newark
13-15 Chestnut St, Newark 5,463 03/01/2021
20 Camp St, Newark 5,391 06/30/2003 $365,000
16-18 Camp Aly, Newark 884 12/19/2012 $1
42 Pennington St, Newark 4,612 07/05/2012 $1
1036-1040 Mayor Gibson, Newark 5,000
21-23 Chestnut St, Newark 5,491 08/21/2014 $1
18 Camp St, Newark 5,391 05/27/2004 $529,000
24-26 Camp St, Newark 5,391 01/09/2024
27 Chestnut St, Newark 10/27/2022 $781,000
1046 Mayor Gibson, Newark 884 10/04/2019 $50
114 Orchard St, Newark 884 06/20/2016 $440,000
116-130 Orchard St, Newark 30,000 12/18/1987
132-134 Orchard St, Newark 884 01/08/2018
38-40 Pennington St, Newark 4,504 02/18/2022
1044 Mayor Gibson, Newark 884 12/19/2022 $1
14 Camp Aly, Newark 884 12/18/1987

Nearby ZIP Codes for 1042 Mayor Gibson, Newark

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