16 Alexander Street, Newark, NJ 07106
16 Alexander Street, Newark, NJ 07106
16 Alexander Street, Newark, NJ 07106
16 Alexander Street, Newark, NJ 07106
16 Alexander Street, Newark, NJ 07106
16 Alexander Street, Newark, NJ 07106
Salvatore Settepani
Salvatore Settepani

Broker Associate | License ID: 10301221098, 2189821

+1(917) 559-9158

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$ 560,000

$ 635,000 11.8%

Est. payment | /mo

8 Beds

3 Baths

2,416 SqFt

$ 560,000

$ 635,000 11.8%

Est. payment | /mo

8 Beds

3 Baths

2,416 SqFt

Key Details

Sold Price $560,000

Property Type Multi-Family

Sub Type Three Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,416 sqft

Price per Sqft $231

Municipality Newark (NEW)

MLS Listing ID 22528703

Sold Date 06/16/26

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®)

Property 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. 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!

Location

State NJ

County Essex

Area None

Building/Complex Name None

Direction Rt. 510 to Alexander St

Rooms

Basement Other

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

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Ivy Hill

High Schools West Side

Others

Senior Community No

Tax ID 14-04057-0000-00012

Monmouth Ocean MLS (MOMLS)
Listed by EXP Realty
Bought with EXP Realty

NEARBY SCHOOL & BUSINESS

Salvatore Settepani

+1(917) 559-9158

salvatore.settepani@exprealty.com

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16 Alexander Street