Pending

16 Alexander Street

Newark, NJ 07106

$635,000 $2,677/Mo

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Overview

Bed

Bath

0.09

Acre(Lot)

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 !

Property Details

Property Type : Residential Income

Price : $635,000

AD Id : 67182516

MLS Id : 22528703

Beds : 8

Lot Size : 0.09 Acre

Year Built : 1990

County : Essex

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Has Basement: Yes Basement: Other
Flooring Information

Wood, Ceramic Tile
Roofing Information

Other
Interior Features

Roof: Other Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1990 Building Area Total: 2416 Construction Materials: Other Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 28 x 134.1 Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Square Feet: 3920.4

Property Information

Subdivision: None Source Property Type: Residential Income MLS Area Minor: Newark (NEW) Zoning Description: Multi-Family Property SubType: Triplex Property Age: 36

Listing Price Information

Listing Price: $635000 Cash, Conventional

Tax Information

Parcel Number: 14-04057-0000-00012 Tax Lot: 12 Tax Block: 4057 Tax Year: 2024 Annual Tax: $11979

Parking Information

On Street, None

School Information

Elementary School: Ivy Hill

Junior High School:

Senior High School: West Side
Location Information

Direction: Rt. 510 to Alexander St WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
360 Sanford Avenue, Newark, NJ, 07106	$665,000	6	--	3,552	3,552 SqFt
360 Sanford Avenue, Newark, NJ, 07106	$665,000	--	2	3,552	3,552 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

ByOwner last updated this listing 06/12/2026 @ 15:25

MLS: 22528703 LISTED BY: Salvatore Settepani, EXP Realty 866-201-6210 SOURCE: Monmouth Ocean Regional Multiple Listing Service