16 Alexander St
Newark City, NJ 07106
Price: $705,000
GSMLS: 3988126Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 1990
Acres: 0.09
Property Tax: $11,979
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!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
See Remarks
Exterior:
See Remarks
Lot Size:
28X134.10
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
See Remarks
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$705,000
Tax Amount:
$11,979
Land Assessment:
$18,600
Build. Assessment:
$296,400
Total Assessment:
$315,000
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3988126
List Date:
09-20-2025
Days On Market:
1
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
