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1085-1087 Mayor Gibson, Newark, NJ 07102 Property Information

1085-1087 Mayor Gibson, Newark, NJ 07102 Property Information

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  • Neighborhood
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1085-1087 Mayor Gibson, Newark, NJ 07102
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Address

Primary address 1085-1087 Mayor Gibson, Newark
Zip code 07102
County Essex
Municipality Newark City
Block 2824
Lot 20
Neighborhood Lincoln Park

Sales & Tax Overview for 1085-1087 Mayor Gibson, Newark

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Sale date 06/30/1994
Sale price $225,000
Arm's length
Property tax $38,694

Lot & Building Information for 1085-1087 Mayor Gibson, Newark

Building sqft 471
Building class Commercial-Mixed Use (101)
Acreage 0.144
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

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Other Property Data for 1085-1087 Mayor Gibson, Newark

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About 1085-1087 Mayor Gibson, Newark

How many square feet does 1085-1087 Mayor Gibson, Newark, NJ 07102 have?

This Commercial-Mixed Use (101) located at 1085-1087 Mayor Gibson, Newark, NJ 07102 has a total of 471 square feet.

What is the assessed value of 1085-1087 Mayor Gibson, Newark, NJ 07102 and the property tax paid?

Assessed at $967,600, the tax amount paid for 1085-1087 Mayor Gibson, Newark, NJ 07102 is $38,694.

When was 1085-1087 Mayor Gibson, Newark, NJ 07102 last sold and what was the last sale price?

1085-1087 Mayor Gibson, Newark, NJ 07102 was last sold in 06/30/1994 for $225,000.

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 1085-1087 Mayor Gibson, Newark

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Purchase date Purchase price Buyer name Seller name
06/30/1994 $225,000

Title Documents for 1085-1087 Mayor Gibson, Newark

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
06/30/1994 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 1085-1087 Mayor Gibson, Newark

Access detailed property tax data for 1085-1087 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 $38,694
Market value $967,600

Assessment History for 1085-1087 Mayor Gibson, Newark

Here's the assessment & property tax history for 1085-1087 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 $967,600 $967,600 3.999 $38,694 -15.44%
2024 $1,203,200 $1,203,200 3.803 $45,758 +2.01%
2023 $1,203,200 $1,203,200 3.728 $44,855 +24.08%
2022 $967,600 $967,600 3.736 $36,150 +0.05%
2021 $967,600 $967,600 3.734 $36,130 -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

Access the detailed traffic volume map for 1085-1087 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 1085-1087 Mayor Gibson, Newark

Here are the neighbors for 1085-1087 Mayor Gibson, Newark.

Address Square feet Purchase date Purchase price
16 South St, Newark 4,180 09/22/2016 $310,000
15 Pennsylvania Ave, Newark 4,608 03/29/2016 $335,000
1083 Mayor Gibson, Newark 471 05/15/2019 $500,000
105 Lincoln Park, Newark 471 06/04/1986 $500
18-20 South St, Newark 2,163
13 Pennsylvania Ave, Newark 3,868 03/16/1995 $100
8 South St, Newark 851 06/30/1998 $92,500
103 Lincoln Park, Newark 471
89 Lincoln Park, Newark
99 Lincoln Park, Newark 471
12 South St, Newark 851 06/30/1998 $92,500
6 South St, Newark 851 11/03/1999 $70,000
91 Lincoln Park, Newark 471
1089 Mayor Gibson, Newark 471 10/28/2021 $700,000
14 South St, Newark 3,998 07/13/2020 $1
10 South St, Newark 851 06/30/1998
97 Lincoln Park, Newark 471
1079-1081 Mayor Gibson, Newark 471 05/15/2019 $500,000
107-109 Lincoln Park, Newark 471 01/10/2023
93-95 Lincoln Park, Newark

Nearby ZIP Codes for 1085-1087 Mayor Gibson, Newark

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