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16 Alexander Street Newark, NJ $ 680,000
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$ 680,000 Get more info
16 Alexander Street
$ 680,000
Back to search
Share Save

16 Alexander Street

Newark, NJ, 07106
$ 680,000
Bedrooms8 Baths0.0 Sq 2,416

Monthly Estimate*

$ 4,242

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Multi-Family Home for sale in Newark, NJ

for $680,000 with 8 bedrooms. This 2,416 square foot home was built in 1990 on a lot size of 0.09.

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!

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Multi-Family Active

Price

$ 680,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 11,979

Style

Lot Size

0.09

Year Built

1990

Town/City

Newark

County/Region

Essex

MLS | Web ID

22528703
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Other
Garage Spaces 0.0
Construction Materials Other
Year Built 1990
Stories Count 2
Property Subtype Three Family
Tax Year 2024
County Essex
New Construction N
Property Type Multi-Family
Attached Garage N
Subdivision Name None
Garage Y/N N
Full Baths 3
Status Active
Directions Rt. 510 to Alexander St
High School West Side
City Newark
Zoning Description Multi-Family
Number Of Units Total 3
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 3920.4
Carport Y/N N
Elementary School Ivy Hill
Tax Annual Amount 11979.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Newark (NEW)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
TaxOtherAnnualAssessmentAmount 315000.0
Senior Community None
Water Body Access Y/N None
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Interior
Basement Other
Flooring Wood Ceramic Tile
Total Fireplaces 0
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 8
Total Baths 3
Heating-Forced Air True
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Exterior
Parking Features On Street None
Water Source Public
Lot Size Area 0.09
Spa N
Building Area Total 2416.0
Lot Dimensions 28 x 134.1
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16
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* Excluded Features
List By
Salvatore Settepani

Listing Agent

Exp Realty

Broker

sal@salsettepanirealty.com

Email

Affordability Calculator

$5,241
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,242
Monthly Property Taxes
$998
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5129692 Elementary School
5129693 Middle School
West Side High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/16/2025$680,000 -3.55% Price Down
9/20/2025$705,000 Listed Price

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16 Alexander Street, Newark, NJ, 07106 is a Multi-Family Home for sale at $680,000 with 2,416 sqft and a lot size of 0.09. 16 Alexander Street has 8 bedrooms, 0.0 baths, and was built in 1990. The property's zip code is 07106 which is in Newark, NJ

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