Multi-Family, Commercial $ 680,000

16 Alexander St

Newark City, NJ 07106

  • 8 Beds
  • 3 Baths
    Full Baths: 3
  • 958 SqFt
  • 3,920 Lot Size
  • 1990 Year Built
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. 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!
Listed by EXP REALTY, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family, Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 958 sqft

    Price per Sqft $709

    MLS Listing ID 3988126

    Style 3-Three Story

    Bedrooms 8

    Full Baths 3

    Year Built 1990

    Annual Tax Amount $11,979

    Tax Year 2024

    Lot Size 3,920 Sqft

  • Location

    State NJ

    County Essex

  • Rooms

    Basement Unfinished

  • Building

    Sewer Public Sewer

    Water Public Water

    Architectural Style 3-Three Story

  • Interior

    Heating See Remarks

    Cooling Central Air

    Heat Source See Remarks

  • Exterior

    Exterior Feature See Remarks

    Utilities Available See Remarks

    Roof Type See Remarks

  • Others

    Senior Community No

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CONTACT

Salvatore Settepani
Salvatore Settepani

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