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16 Alexander St

Newark City, NJ 07106
  • $599,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 3924795
UPDATED: 29 min ago
$599,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,416
    SQFT
  • $248
    $/SQFT
Type:
Multi-Family
Built:
1990
County:
Area:

School Ratings & Info

Description

Welcome to this fantastic 3 unit investment property located in a desirable neighborhood! Each unit offers a spacious layout with features such as updated kitchens, modern appliances, hardwood floors, and CENTRAL AIR. Whether you're looking to expand your investment portfolio or seeking a multi-unit property to generate passive income, this 3 unit investment property presents a lucrative opportunity for savvy investors. With 1 unit vacant, this property provides the perfect house-hacking opportunity. Don't miss out on this great investment potential!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-14T13:46:27.44.
www.thepaulaclarkgroup.com/homes/155393198
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16 Alexander St Newark City, NJ 07106

  • Price: $599,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 29 min ago
  • ID#: 3924795
8
Beds
3
Baths
0
½ Baths
0.09
Acres
2,416
SQFT
$248
$/SQFT
1990
Built
County:
Essex
Area:
Newark City
Property Description
Welcome to this fantastic 3 unit investment property located in a desirable neighborhood! Each unit offers a spacious layout with features such as updated kitchens, modern appliances, hardwood floors, and CENTRAL AIR. Whether you're looking to expand your investment portfolio or seeking a multi-unit property to generate passive income, this 3 unit investment property presents a lucrative opportunity for savvy investors. With 1 unit vacant, this property provides the perfect house-hacking opportunity. Don't miss out on this great investment potential!
Exterior Features

Approximate Lot Size 28X134.10 Exterior Description See Remarks Exterior Features Open Porch(es)See Remarks Garage Description None Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description See Remarks

Interior Features

Basement Yes Basement Description Unfinished Cooling Central Air Heating Forced Hot Air Interior Features BlindsCarbon Monoxide DetectorSmoke Detector Total Number Of Rooms 18 Unit1 Appliances Equipment CookGasRefrigSmokeDet Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 958 Unit2 Appliances Equipment CookGasRefrigSmokeDet Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 6 Unit3 Sq Ft 0

Property Features

Assessment Total 315000 Building Assessment 296400 Easement No Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 0 Land Assessment 18600 Net Operating Income 0 Renovated Year 2019 Sewer Public Sewer Tax Amount 11743 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style See Remarks Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1350 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1950 Unit3 Security Deposit 0 Utilities ElectricGas-NaturalSee Remarks Water Public Water Water Heater Electric Year Built Description ApproximateRenovated

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 732-308-5222.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-14T13:46:27.44.
 
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Keller Williams Valley Realty
123 Tice Boulevard
Woodcliff Lake NJ, 07677