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$49,900
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Property Description
This 3-bedroom, 1-bath home presents a great opportunity for investors, rehabbers, or buyers looking to create equity with improvements. Located in Newark, the property is currently in need of repair as required by Newark Property Maintenance. With the right updates, this home has strong potential to be restored into a comfortable residence or profitable rental. 2 car garage behind the home. NO ENTRY of home until there is an accepted offer. Condition: The property requires repairs and updates to meet Newark Property Maintenance standards. Buyer will assume responsibility for all necessary improvements and compliance. Fees can be negotiated. Adjoining Corner Lot at 112 S. 1st St is available for purchase also.
Full Property Details
Full Property Details for 116 S 1st St
General
- Price: $49,900
- Taxes: $468 (2024)
- Status: Active
- Type: Single Family
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225032917
- Updated: 9/27/2025
- Added to Site: 175 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached Garage
Location
- County: Licking
- Township: None
School Information
- School District: NEWARK CSD 4507 LIC CO.
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Farmhouse
- Basement: Yes
- Basement Desc.: Partial
- Square Feet: 1,144
- Sq. Ft. Source: Realist
- Living Area: 1,144 Sq. Ft.
- Finished Total: 1,144 Sq. Ft.
- Year Built: 1903
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
Financial Considerations
- Price Per Sq. Ft.: $43.62
- Tax Amount: $468
- Tax Year: 2024
Disclosures and Reports
- Property ID: 054-207714-00.000
Listed by Red 1 Realty (614) 585-9020, Amber L Burns (740) 334-3593
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Schools
Schools serving 116 S 1st St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ben Franklin Elementary School 533 Beacon Road, Newark, OH 43055 | PK-5 | 0.7 mi |
Heritage Middle School, Newark, OH 600 Arlington Avenue, Newark, OH 43055 | 6-8 | 1.5 mi |
Newark High School 314 Granville Street, Newark, OH 43055 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 S 1st St
Date
Details
Price
Change
Source
9/27/2025
Price Reduced
$49,900
-16.83%
MLS
8/30/2025
Listed
$60,000
—
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 S 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,607
1568%
$22,890
—
2023
$516
68%
$22,890
44%
2022
$308
—
$15,930
—
2021
$307
-2%
$15,930
—
2020
$314
61%
$15,930
23%
2019
$195
-1%
$12,985
—
2018
$196
5%
$12,985
—
2017
$187
-69%
$12,985
-3%
2016
$612
-54%
$13,370
—
2015
$1,340
119%
$13,370
—
2014
$613
3%
$13,370
—
2013
$596
—
$13,370
—
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 S 1st St
116 S 1st Street, Newark, OH 43055 (MLS# 225032917) is a Single Family property with 3 bedrooms and 1 full bathroom. 116 S 1st Street is currently listed for $49,900 and was received on August 30, 2025. Want to learn more about 116 S 1st Street? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

