116 Mapes Ave #3, Newark City, NJ 07112

Local realty services provided by:ERA Boniakowski Real Estate
#1#2#3
116 Mapes Ave #3,Newark City, NJ 07112
$699,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:mona salman
Office:emera realtors
MLS#:3971766
Source:NJ_GSMLS

Price summary

  • Price:$699,000

About this home

Investor alert! Welcome to 116 Mapes Ave, Newark, NJ ? a fantastic opportunity to own a solid 3-unit multi-family property in a thriving neighborhood. This well-maintained building offers strong income potential and immediate upside.The second and third-floor units have been tastefully updated, providing modern finishes that will appeal to today's renters. The first-floor unit is currently tenant-occupied, generating steady income, while the second floor is owner-occupied, and the third floor is vacant and move-in ready?perfect for rental or additional flexibility.Whether you're looking to expand your real estate portfolio or jump into house-hacking, this property offers versatility and future growth. Don?t miss out on this chance to invest in a vibrant area of Newark that continues to show strong demand.

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Home facts

  • Year built:1922
  • Listing Id #:3971766
  • Added:49 day(s) ago
  • Updated:August 13, 2025 at 02:15 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Cooling:Ceiling Fan, Wall A/C Unit(s)
  • Heating:Baseboard - Cast Iron

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1922
  • Lot area:0.08 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,000
  • Tax amount:$7,389 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated August 13, 2025

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