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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

Overview

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.

Listing Details MLS# 225032917

Location Property Info

Property Sub Type
Single Family Residence
Original List Price
60000
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

MLS Entry Date
2025-08-29

General Property Info

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

Tax Info

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

Bedroom Level

Beds UP1
2
Beds Entry Level
Yes

Full Baths Level

Full B Entry Level
Yes

More Information

Basement

Basement Y/N
Yes

Accessory Dwelling Unit

Existing Accessory Dwelling Unit
No

Accessible Features

Accessible Features
No

Auction Info

Auction/Online Bidding Y/N
No

Green Features

Green Features Y/N
No

Location & Property Info

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

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
Yes

Levels

Two
Yes

Architectural Style

Farmhouse
Yes

Common Walls

No Common Walls
Yes

Parking Features

Detached Garage
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Basement Description

Partial
Yes

Foundation

Other
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Tax

Homestead
Yes

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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