16 Alexander Street, Newark, NJ 07106 - Photo 1

Save This Listing

1/26

View All Photos

$635,000

For Sale
Under Contract
Multi-Family
8 Total Beds
Updated 10 days ago

See This Home

Save This Listing

1/26

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!

Full Property Details

Full Property Details for 16 Alexander St

General

Price: $635,000
Taxes: $11,979
Status: Under Contract
Type: Multi-Family
Source: NJMLS
MLS ID: 25034304
Updated: 3/24/2026
Added to Site: 196 day(s) ago

Interior

Number of Rooms: 11

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 8

Other Rooms

Laundry: See Remarks

Additional Information

Other Features: Other

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Other (See Remarks)

Structural Information

Architectural Style: 3 Family
Description/Design: Other

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $11,979

Listed by EXP Realty, LLC (866) 201-6210, Salvatore Settepani (917) 559-9158

Quickly Find Out More

* Indicates a required field

Comment *

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 16 Alexander St —

Salvatore Settepani

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

Schools

Schools serving 16 Alexander St

School District:Newark City School District

Name	Grades	Distance
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	0.4 mi
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106	K-8	0.6 mi
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106	PK-8	0.9 mi
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103	K-4	1 mi
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106	PK-8	1.2 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	1.4 mi
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	1.9 mi
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112	PK-8	2.2 mi
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108	PK-8	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions 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

1/30/2026

Price Reduced

$635,000

-6.62%

MLS

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

Tax History for 16 Alexander St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$11,979

$315,000

—

2022

$11,768

—

$315,000

—

2021

$11,759

39%

$315,000

69%

2021

$8,487

21%

$186,000

—

2019

$6,995

$186,000

—

2018

$6,869

$186,000

—

2017

$6,622

$186,000

—

2016

$6,398

$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

Estimate the Cost for 16 Alexander St

16 Alexander Street, Newark, NJ 07106 (MLS# 25034304) is a Multi-Family property with units containing 8 bedrooms and 3 full bathrooms. 16 Alexander Street is currently listed for $635,000 and was received on September 20, 2025. Want to learn more about 16 Alexander Street? 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.

Tour this property

16 Alexander St Newark, NJ 07106