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.
For sale
$710,000
116 Mapes Ave, Newark, NJ 07112
5beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$722,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 79 days |
- 133 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
LILIAN GHABOUR 201-432-1600,
AMERICA'S ELITE GROUP LLC 201-432-1600
Source: HCMLS,MLS#: 260007136
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Window Unit(s), Electric
Features
- Basement: Finished
Property
Parking
- Parking features: 3+ Cars, See Remarks
Details
- Parcel number: 1403663000000012
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi Level,Other
Materials
- Aluminum Siding
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $194,300
- Annual tax amount: $7,255
- Date on market: 4/19/2026
- Exclusions: Excluding the washer, dryer, and refrigerator on the 2nd floor and personal items.
Estimated market value
$722,300
$686,000 - $758,000
$2,211/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2026 | Listed for sale | $710,000+1679.4% |
Source: HCMLS #260007136 Report a problem | ||
| 3/25/2016 | Sold | $39,900-38.5% |
Source: | ||
| 11/16/2015 | Listed for sale | $64,900-63.9% |
Source: RE/MAX Villa - Jersey City #1545409 Report a problem | ||
| 9/18/2012 | Listing removed | $180,000 |
Source: Weichert Realtors #2890434 Report a problem | ||
| 6/6/2012 | Listed for sale | $180,000 |
Source: Weichert Realtors #2890434 Report a problem | ||
| 2/23/2012 | Listing removed | $180,000 |
Source: Weichert Realtors #2890434 Report a problem | ||
| 11/10/2011 | Price change | $180,000-39% |
Source: Weichert Realtors #2890434 Report a problem | ||
| 10/5/2011 | Listed for sale | $295,000-11.9% |
Source: Weichert Realtors #2890434 Report a problem | ||
| 3/2/2006 | Sold | $335,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,770 +5.2% | $194,300 |
| 2024 | $7,389 +0.1% | $194,300 |
| 2023 | $7,383 | $194,300 |
| 2022 | $7,383 | $194,300 |
| 2021 | $7,383 +1% | $194,300 |
| 2020 | $7,308 +37.4% | $194,300 |
| 2019 | $5,317 | $194,300 |
| 2018 | $5,317 -20.5% | $194,300 |
| 2017 | $6,684 +4% | $194,300 |
| 2016 | $6,429 +6.7% | $194,300 |
| 2015 | $6,025 +5% | $194,300 |
| 2014 | $5,738 +4.7% | $194,300 +18% |
| 2012 | $5,481 +4.7% | $164,700 |
| 2011 | $5,237 +16.1% | $164,700 |
| 2010 | $4,511 +5.4% | $164,700 |
| 2009 | $4,281 +4.4% | $164,700 |
| 2008 | $4,101 | $164,700 |
| 2007 | $4,101 | $164,700 |
| 2006 | -- | $164,700 |
| 2005 | -- | $164,700 |
| 2004 | $3,558 | $164,700 |
| 2003 | -- | $164,700 +1186.7% |
| 2002 | -- | $12,800 |
| 2001 | -- | $12,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Weequahic
Nearby schools
GreatSchools rating
- 4/10George Washington Carver Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Weequahic High SchoolGrades: 9-12Distance: 0.6 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Newark
- 07112
- Weequahic
- 116 Mapes Ave









