116 S 1st Street, Newark, OH 43055

$49,900
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,144 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $49,900 List Date: 8/30/2025 Last Modified: 9/27/2025

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.

Supplements: ********

More Information MLS# 225032917

Location & Property Info

List Price/SqFt: 43.62 Mid/High Rise: No City (Mailing Addr): Newark Corp LimitPerAuditor: Newark New Construction: No

General Property Info

Baths F.H: 1 Manufactured Housing Y/N: No Built Prior to 1978: Yes Off Street Parking Spaces: 4 SqFt Documented: 1144 Documented SqFt Source: Realist ATFLS Source: Realist HOA/COA Y/N: No Comm Dev Chrg: No Bedrooms: 3 Total Baths: 1 Full Baths: 1 Garage/EnclosdSpaces: 2 Year Built: 1903 SqFt ATFLS: 1144 Acreage: 0.14

Tax Info

Mult Parcels/Sch Dis: No Tax Abatement: No Taxes (Yrly): 468 Parcel #: 054-207714-00.000 Tax Year: 2024

Remarks & Misc

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.

Addl Acceptance Cond

None Known: 1

Levels

Two: 1

Architectural Style

Farmhouse: 1

Common Walls

No Common Walls: 1

Bedroom Level

Beds UP1: 2 Beds Entry Level: 1

Full Baths Level

Full B Entry Level: 1

Parking Features

Detached Garage: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Basement

Basement Y/N: Yes

Basement Description

Partial: 1

Foundation

Other: 1

Auction Info

Auction/Online Bidding Y/N: No

Accessible Features

Accessible Features - Form Required: No

MLS Primary PhotoSrc

Realtor Provided: 1

Accessory Dwelling Unit

Existing Accessory Dwelling Unit: No

Tax

Homestead: 1

Green Features

Green Features Y/N - Form Required: No

Location Property Info

Property Sub Type: Single Family Residence Original List Price: 60000 List Price: $49,900 Street #: 116 Street PreDirection: S Street Name: 1st Street Suffix: Street County: Licking State: OH Zip Code: 43055 School District: NEWARK CSD 4507 LIC CO. Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2025-08-29

Property Features

Levels: Two Architectural Style: Farmhouse Common Walls: No Common Walls Addl Acceptance Cond: None Known Parking Features: Detached Garage Basement Description: Partial Foundation: Other Sewer: Public Sewer Water Source: Public Tax: Homestead MLS Primary PhotoSrc: Realtor Provided
Listing Office: Red 1 Realty
Listing Agent: Amber L Burns
Last Updated: September - 27 - 2025
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