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$ 599,000
Est. payment /mo
Open Sun 1PM-3PM
236 Alexander St Newark City, NJ 07106
5 Beds
3 Baths
3,049 Sqft Lot
Open House
Sun Jun 28, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4036260
Style 2-Two Story
Bedrooms 5
Full Baths 3
Year Built 1968
Annual Tax Amount $5,606
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
Great Turnkey Home or Investment Opportunity in Newark! Partially renovated in 2023, this versatile property features very low taxes and a multi-level layout designed for modern living or high rental income potential across three distinct levels.The first floor boasts a spacious, light-filled layout with 3 comfortable bedrooms and 1 full bathroom?perfect for an owner's suite or primary rental unit. The private second floor features a 1-bedroom, 1-bath apartment ideal for extra rental income. The lower level offers an excellent bonus asset: a fully equipped studio space with its own private entrance, providing endless possibilities for a home office, gym, or guest suite.Inside, enjoy updates from the 2023 renovation, including refreshed flooring, contemporary fixtures, and updated kitchens and bathrooms. The exterior features are just as impressive. Say goodbye to street parking hassles with a rare, detached 2-car garage. The outdoor space is an entertainer's dream, featuring a private patio perfect for summer barbecues and a nice backyard for recreation, gardening, or pets.Conveniently located near major highways, public transit, shopping, and dining, this property is a rare find. With its low-overhead tax advantage, this home is a must-see whether you are looking to live in one unit and rent the others or add a high-performing asset to your portfolio!
Location
State NJ
County Essex
Rooms
Basement Finished, Full, Walkout
Interior
Heating Gas-Natural
Cooling See Remarks, Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Built-In Garage
Garage Spaces 2.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Schools
Elementary Schools Speedway
Middle Schools Speedway
High Schools West Side
Others
Senior Community No
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Listed by KELLER WILLIAMS - NJ METRO GROUP