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Residential Income For Sale

236 Alexander St, Newark City, NJ 07106-2620

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Property Description

BACK TO MARKET. 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! Lower level and First floor now vacant. 2nd floor (1 Bed) pays 1650 with a lease until June 2027.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4036260
Price:
$599,000
Year Built:
1968
Lot Area:
0.07 Acre
Status:
Active
Office Name:
KELLER WILLIAMS - NJ METRO GROUP
Agent Name:
WILLIAM BARRAZA
Full Bathrooms:
3
Roof:
Asphalt Shingle
Features
Heating System:
2 Units
Cooling System:
See Remarks, Window A/C(s)
Basement:
Full, Walkout, Finished
Architectural Style:
2-Two Story
Exterior Features:
Sidewalk
Sewer:
Public Sewer
Utilities:
Gas-Natural
Address Map
Country:
US
State:
NJ
County:
Essex
City:
Newark City
Zipcode:
07106-2620
Street:
Alexander St
Street Number:
236
Longitude:
W75° 46' 18.3''
Latitude:
N40° 44' 15.9''
Directions:
18th Ave to Alexander St
Neighborhood
Elementary School:
SPEEDWAY
High School:
WEST SIDE
Middle School:
SPEEDWAY
Additional Information
Lot Size Dimensions:
33.4X86.6 AVG.
Water Source:
Public Water
Number Of Units Total:
2
Lot Features:
Level Lot
Garage:
2
Financial
Tax Annual Amount:
5606
Listing Information
List Agent Mls Id:
294185
List Office Mls Id:
4129
Mls Status:
Active
Modification Timestamp:
2026-08-29T12:12:15Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4036260
Lot Area:
0.07 Acre
$599,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com