Multi-Family $ 680,000

16 Alexander Street

Newark, NJ 07106

  • 8 Beds
  • 3 Baths
    Full Baths: 3
  • 2,416 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

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Three Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 416 sqft

    Price per Sqft $281

    Municipality Newark (NEW)

    MLS Listing ID 22528703

    Bedrooms 8

    Full Baths 3

    Year Built 1990

    Annual Tax Amount $11,979

    Tax Year 2024

    Lot Size 3,920 Sqft

    Acres 0.09

    Lot Dimensions 28 x 134.1

    Property Sub-Type Three Family

    Source MOREMLS (Monmouth Ocean Regional REALTORS®)

  • Location

    State NJ

    County Essex

    Area None

    Direction Rt. 510 to Alexander St

  • Rooms

    Basement Other

  • Building

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Heating Forced Air

    Cooling Central Air

    Flooring Wood, Ceramic Tile

  • Exterior

    Parking Features On Street, None

    Roof Type Other

    Garage No

    Private Pool No

  • Schools

    Elementary Schools Ivy Hill

    High Schools West Side

  • Others

    Senior Community No

    Tax ID 14-04057-0000-00012

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CONTACT

Salvatore Settepani
Salvatore Settepani

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