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$710,000 Just Listed
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Property Description
Welcome to 116 Mapes Ave, Newark, NJ, a great opportunity to own a solid 3-unit multi-family home in Weequahicy neighborhood. This property offers strong income potential with opportunities for future growth. First and third floor units are tenant occupied providing a steady source of income. The second floor is an owner occupied unit with recent updates, including modern appliances and fresh finishes, providing a cozy living environment. Don't miss your chance to make this property your next rental investment or your move-in ready home.Schedule an appointment today and come and see this 3-family home.
Full Property Details
Full Property Details for 116 Mapes Ave
General
- Price: $710,000
- Taxes: $7,770 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4021647
- Updated: 4/18/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Description: On-Street Parking, See Remarks
Location
- County: Essex
- Driving Directions: Bergen St and Osborne Ter
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Cast Iron, See Remarks
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story, See Remarks
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1922
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 35 x 100
- Driveway/Sidewalk: 2 Car Width, Driveway-Exclusive, Off-Street Parking, See Remarks
Financial Considerations
- Assessment Amount: $165,500
- Land Assmt: $28,800
- Tax Amount: $7,770
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Washer, dryer, and refrigerator on the 2nd fl, and personal items.
- Block: 3663
- Lot Number: 12
Listed by AMERICA'S ELITE GROUP LLC.
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Schools
Schools serving 116 Mapes Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.3 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.5 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.7 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.6 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.9 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Mapes Ave
Date
Details
Price
Change
Source
4/18/2026
Listed
$710,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Mapes Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,389
2%
$194,300
—
2022
$7,259
—
$194,300
—
2021
$7,255
33%
$194,300
—
2021
$5,470
-24%
$194,300
—
2018
$7,176
-2%
$194,300
—
2019
$7,308
6%
$194,300
—
2017
$6,917
3%
$194,300
—
2016
$6,684
4%
$194,300
—
2015
$6,429
12%
$194,300
—
2013
$5,738
—
$194,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Mapes Ave
116 Mapes Ave, Newark, NJ 07112 (MLS# 4021647) is a Multi-Family property with 3 units containing 5 bedrooms and 4 full bathrooms. 116 Mapes Ave is currently listed for $710,000 and was received on April 18, 2026. Want to learn more about 116 Mapes Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

