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$769,000
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Property Description
Spacious and modern multi-family home located on Broad Street in Newark's vibrant North Ward. Built in 2009, this well-maintained property offers generous living space with multiple bedrooms and bathrooms ideal for extended households or rental income potential.Unit #1 is currently operated as a lucrative Airbnb by the owner, offering a turnkey opportunity for short-term rental income or flexible owner-occupancy. The home features hardwood and tile flooring, a finished basement, and updated systems including central cooling and gas heating.Enjoy the added convenience of a 1-car garage plus 1 additional driveway parking space, a valuable feature in this area. Close to public transportation, shopping, and schools, this property blends comfort, accessibility, and income potential.HIGHEST AND BEST IS DO BY MONDAY 5/11 EVENING.
Full Property Details
Full Property Details for 286 Mayor Gibson
General
- Price: $769,000
- Taxes: $8,709 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4022945
- Updated: 5/7/2026
- Added to Site: 20 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage, Garage Door Opener, Garage Parking
Location
- County: Essex
- Driving Directions: Google map 286 Broad St. Newark, NJ
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units, Cent Register Heat, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 2009
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Master Bedroom
- Square Feet: 1100
- Levels/Stories: 2
- Total Bathrooms: 3
- Bedrooms: 5
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Master Bedroom
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 1 Car Width
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $204,700
- Land Assmt: $13,100
- Tax Amount: $8,709
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 448
- Lot Number: 83
Listed by United Real Estate
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Schools
Schools serving 286 Mayor Gibson
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 0.4 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 0.5 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.7 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.4 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.6 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.9 mi |
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.9 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 1 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 1.1 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 286 Mayor Gibson
Date
Details
Price
Change
Source
4/23/2026
Listed
$769,000
229.76%
MLS
6/01/2016
Sold
$233,200
—
Public Record
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 286 Mayor Gibson
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,283
2%
$217,800
—
2023
$8,120
—
$217,800
—
2022
$8,137
—
$217,800
—
2021
$8,133
-2%
$217,800
—
2020
$8,276
3%
$217,800
—
2018
$8,043
-2%
$217,800
—
2019
$8,191
6%
$217,800
—
2017
$7,754
3%
$217,800
—
2016
$7,492
4%
$217,800
—
2015
$7,207
12%
$217,800
—
2013
$6,432
—
$217,800
—
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 286 Mayor Gibson
286 Mayor Gibson, Newark, NJ 07104 (MLS# 4022945) is a Multi-Family property with 2 units containing 8 bedrooms and 5 full bathrooms. 286 Mayor Gibson is currently listed for $769,000 and was received on April 23, 2026. Want to learn more about 286 Mayor Gibson? 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.

