Three-Unit Multi-Family Home

116 Mapes Ave Newark, NJ 07112

Claim this Listing
For Sale
$710,000

MULTI_FAMILY - Newark City, NJ

Lot size:
0.08 Acres
Added:
Apr 18, 2026
Days on Market:
83
Last Refresh:
Jul 9 at 8:06 pm

Property Features for 116 Mapes Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking
3
Standard status
Active
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7770

Utilities

Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public

Building Details

Year built
1922
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other

Listing agent LILIAN GHABOUR License #1540132

Listing office AMERICA'S ELITE GROUP LLC. 593 JERSEY AVENUE -, Denville, NJ

Listing date Apr 18, 2026

MLS# 4021647 Listing URL

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This three-unit multi-family home at 116 Mapes Ave offers a straightforward vertical layout with separate living units on the first, second, and third floors. The first and third floor units are currently tenant occupied, providing ongoing rental use within the building. The second floor is owner occupied and includes recent updates, with modern appliances and fresh finishes intended to support comfortable day-to-day living.

Located in Newark City, Essex County, the property is situated on a relatively compact lot measuring 0.08 acres. It presents an owner-controlled arrangement where an investor can benefit from existing tenant occupancy while retaining the flexibility of an owner-occupied unit.

For buyers seeking a manageable multi-family structure, the combination of tenant-occupied first and third units and an updated owner-occupied second unit can support both investment and personal living goals. A buyer or operator can review the current occupancy and condition details during a scheduled appointment and determine how the property fits their intended ownership strategy.

Key Highlights

  • 3‑unit multi‑family home in the Weequahicy neighborhood
  • First and third floor units are tenant occupied
  • Second floor is owner occupied with recent updates, including modern appliances and fresh finishes

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Locksmith Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Veterinary Clinic Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit residence with two tenant-occupied floors and a recently updated owner-occupied second floor in Newark.
Where is this triplex located?
The property is located at 116 Mapes Ave Newark, NJ.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 3‑unit multi‑family home in the Weequahicy neighborhood; First and third floor units are tenant occupied; Second floor is owner occupied with recent updates, including modern appliances and fresh finishes
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More about this property
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