16 Alexander St new

Newark City,NJ 07106

$ 705000

8 Beds

3 Baths

958 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 958 sqft

Price per Sqft $735

MLS Listing ID 3988126

Style 3-Three Story

Bedrooms 8

Full Baths 3

Year Built 1990

Annual Tax Amount $11,979

Tax Year 2024

Lot Size 3,920 Sqft

Property 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!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating See Remarks

Cooling Central Air

Heat Source See Remarks

Exterior

Exterior Feature See Remarks

Utilities Available See Remarks

Roof Type See Remarks

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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