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16 Alexander St Newark, NJ $ 680,000
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$ 680,000 Get more info
16 Alexander St
$ 680,000
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Share Save

16 Alexander St

Newark, NJ, 07106
$ 680,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 4,242

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Multi-Family Home for sale in Newark, NJ

for $680,000 with 8 bedrooms and 3 full baths. This 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

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,979

Style

3-Three Story

Lot Size

0.09

Year Built

1990

Town/City

Newark

County/Region

Essex

MLS | Web ID

3988126
Features
General
Sewer Public Sewer
Heating Forced Hot Air
Cooling Central Air
Utilities See Remarks
Possession At Closing
Roof See Remarks
Garage Spaces 0
Architectural Style 3-Three Story
Year Built 1990
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 18
Full Baths 3
Status Active
Directions Rt. 510 to Alexander St
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 11979
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 315000
Town # 1614
Tax Lot 12
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type See Remarks
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description See Remarks
Lot Dimensions 28X134.10
Lot Size Acres 0.09
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* Excluded Features
List By
SALVATORE SETTEPANI

Listing Agent

Exp Realty, Llc

Broker

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
291163 Elementary School
291353 Middle School
Unknown 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

Map

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16 Alexander St, Newark, NJ, 07106 is a Multi-Family Home for sale at $680,000 with a lot size of 0.09. 16 Alexander St has 8 bedrooms, 3.0 baths, and was built in 1990. The property's zip code is 07106 which is in Newark, NJ

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