Property
Newark, NJ 07106 16 Alexander Street
$680,000
21 more
Presented By: Salvatore Settepani, EXP Realty
Beds • 8- SQFT • 2,416
Beds • 8
SQFT • 2,416Home Details
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!
Presented By: Salvatore Settepani, EXP Realty
Interior Features for 16 Alexander Street
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths3
Other Interior Features
Air Conditioning Y/NYes
BasementOther
Basement (Y/N)Yes
FlooringWood, Ceramic Tile
Heating Y/NYes
Heating-Forced AirTrue
Total Fireplaces
General for 16 Alexander Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityNewark
Construction MaterialsOther
CoolingCentral Air
CountyEssex
DirectionsRt. 510 to Alexander St
Elementary SchoolIvy Hill
Full Baths3
Garage Spaces0.0
Garage Y/NNo
HeatingForced Air
High SchoolWest Side
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3920.4
Lot Size UnitsAcres
MLS AreaNone
MLS Area MinorNewark (NEW)
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Property SubtypeThree Family
Property TypeMulti-Family
Rent Control Y/NNo
RoofOther
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Annual Amount11979.0
Tax Year2024
TaxOtherAnnualAssessmentAmount315000.0
Water Body Access Y/NNone
Year Built1990
Zoning DescriptionMulti-Family
Exterior for 16 Alexander Street
Building Area Total2416.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions28 x 134.1
Lot Size Acres0.09
Lot Size Area0.09
Parking FeaturesOn Street, None
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
West Side High School
Elementary School
Ivy Hill Elementary School
Middle School
N/A
Brian Lee
Associate