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16 Alexander Street, Newark, NJ 07106
$680,000
Property Type:
Multi-Family
Bedrooms:
8
Baths:
3
Square Footage:
2,416
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$680,000
List Date:
9/20/2025
Last Modified:
10/16/2025
Description
Welcome to this spacious 3-unit property, perfect for investors or owner-occupants seeking strong rental income potential. Unit 1 offers 2 bedrooms and 1 bathroom, while Units 2 and 3 each feature 3 bedrooms and 1 bathroom, all designed with functional layouts for comfortable living. The property is enhanced with updated flooring, ample natural light, and generous kitchen spaces complete with wood cabinetry and modern finishes. The exterior showcases classic charm with a fenced front yard and a welcoming entryway, while the prime location near shopping, dining, schools, and major transportation routes ensures both convenience and long-term investment growth.
Supplements: Whether you're looking to generate steady rental income or live in one unit while renting out the others, this property is a must-see!
More Information MLS# 22528703
Contract Info
List Price/SqFt: 281.46
New Construction: No
Status: Active
List Date: 2025-09-20
List Price: $680,000
Current Price: $680,000
Property Sub-Type: Three Family
Location
Area/Section: None
Elementary School: Ivy Hill
High School: West Side
Other High: Weequahic
House Number: 16
Street Name: Alexander
Street Suffix: Street
County: Essex
Municipality: Newark (NEW)
Postal City: Newark
State: NJ
Zip Code: 07106
Complex/Subdivision: None
Directions: Rt. 510 to Alexander St
General Property Info
# Units in Bldg: 3
Waterfront: No
# Levels: 2.5
Waterview: No
Lot Dimensions: 28 x 134.1
Basement: Yes
Garage: No
# Acres: 0.09
# Car Garage: 0
Pool: No
Bedrooms: 8
Full Baths: 3
Total Baths: 3
Apx SqFt: 2416
Apx Year Built: 1990
Tax and Legal
Asmnt - Total: 315000
Deed Restricted: No
Taxes: 11979
Tax Year: 2024
Unit 1
# Bedrooms: 2
# Full Baths: 1
Rent: 1700
Other - See Remarks: 1
Unit 2
# Bedrooms: 3
# Full Baths: 1
Rent: 1950
Other - See Remarks: 1
Unit 3
# Bedrooms: 3
# Full Baths: 1
Rent: 1327
Other - See Remarks: 1
Zoning
Multi-Family: 1
Showing
Showing Time: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Floors
Ceramic Tile: 1
Wood: 1
Basement
Other: 1
Cooling
Central Air: 1
Water Heater
Electric: 1
Heating
Forced Air: 1
Parking
On Street: 1
Garage
None: 1
Assessment Status
To Be Assessed: 1
Siding
Other: 1
Roof
Other: 1
Property Features
Unit 1: Other - See Remarks
Unit 2: Other - See Remarks
Unit 3: Other - See Remarks
Basement: Other
Floors: Ceramic Tile; Wood
Cooling: Central Air
Heating: Forced Air
Water Heater: Electric
Siding: Other
Roof: Other
Garage: None
Parking: On Street
Zoning: Multi-Family
Assessment Status: To Be Assessed
Showing: Showing Time
Listing Office:
EXP Realty
Listing Agent:
Salvatore Settepani
Last Updated: October - 16 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively 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.