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$680,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
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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!

Full Property Details for 16 Alexander St

General

  • Price: $680,000
  • Taxes: $11,979 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3988126
  • Updated: 10/16/2025
  • Added to Site: 118 day(s) ago

Interior

  • Number of Rooms: 18

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Location

  • County: Essex
  • Driving Directions: Rt. 510 to Alexander St

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Hot Air
  • Heating Fuel: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: See Remarks

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: See Remarks
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: See Remarks
  • Year Built: 1990
  • Remodeled/Updated: 2019

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Square Feet: 958
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 28 x 134.10
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Assessment Amount: $296,400
  • Land Assmt: $18,600
  • Tax Amount: $11,979
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures: Yes
  • Block: 4057
  • Lot Number: 12

Listed by Exp Realty, Llc

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Listing agent

— 16 Alexander St —

  • Exp Realty, Llc

917-559-9158

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 Alexander St

School District:Newark City School District
NameGradesDistance
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-80.4 mi
Lincoln Elementary School, Newark, NJ
87 Richelieu Terrace, Newark, NJ 07106
K-80.6 mi
Ivy Hill Elementary School
107 Ivy Street, Newark, NJ 07106
PK-80.9 mi
South Seventeenth Street Elementary School
619 South 17th Street, Newark, NJ 07103
K-41 mi
Mount Vernon Elementary School
142 Mount Vernon Place, Newark, NJ 07106
PK-81.2 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81.4 mi
Hawthorne Avenue Elementary School
428 Hawthorne Ave, Newark, NJ 07112
K-61.9 mi
George Washington Carver Elementary School
333 Clinton Place, Newark, NJ 07112
PK-82.2 mi
Louise A. Spencer Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-82.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Alexander St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2025
Price Reduced
$680,000
-3.55%
MLS
9/20/2025
Listed
$705,000
39.6%
MLS
5/01/2023
Sold
$505,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 Alexander St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,979
2%
$315,000
—
2022
$11,768
—
$315,000
—
2021
$11,759
39%
$315,000
69%
2021
$8,487
21%
$186,000
—
2019
$6,995
2%
$186,000
—
2018
$6,869
4%
$186,000
—
2017
$6,622
4%
$186,000
—
2016
$6,398
4%
$186,000
—
2015
$6,155
12%
$186,000
—
2013
$5,493
—
$186,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16 Alexander St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Exp Realty, Llc

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16 Alexander St, Newark, NJ 07106 (MLS# 3988126) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 16 Alexander St is currently listed for $680,000 and was received on September 20, 2025. Want to learn more about 16 Alexander St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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