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!
Active
$599,000
236 Alexander St, Newark City, NJ 07106
5beds
--sqft
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Contemporary fixturesSpacious light-filled layoutUpdated kitchens and bathroomsRefreshed flooring
- 4 days |
- 563 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
William Barraza 973-783-7400,
Keller Williams - Nj Metro Group
Source: GSMLS,MLS#: 4036260
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Natural Gas
Cooling
- See Remarks, Window Unit(s)
Appliances
- Included: See Remarks, Gas Water Heater
Features
- Family Room, Living/Dining Room, Rec Room, See Remarks, Utility Room, Bedrooms, Eat-In Kitchen, Living Room
- Basement: Yes,Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway-Exclusive, Built-In Garage
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Sidewalk
Lot
- Size: 3,049 Square Feet
- Dimensions: 33.4 x 86.6 AVG.
- Features: Level
Details
- Parcel number: 1614040510000000140000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1968
- Major remodel year: 2023
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $140,200
- Annual tax amount: $5,606
- Date on market: 6/23/2026
- Total actual rent: 5200
- Tenant pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Estimated market value
Not available
Estimated sales range
Not available
$2,204/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $599,000+19.8% |
Source:  GSMLS #4036260 Report a problem | ||
| 11/6/2023 | Sold | $500,000+25% |
Source: GSMLS #3862519 Report a problem | ||
| 9/9/2023 | Pending sale | $400,000 |
Source: GSMLS #3862519 Report a problem | ||
| 9/1/2023 | Listed for sale | $400,000+233.3% |
Source: GSMLS #3862519 Report a problem | ||
| 2/19/2019 | Listing removed | $950 |
Source: 1-888-NJ-REALTY #3528284 Report a problem | ||
| 1/29/2019 | Listed for rent | $950 |
Source: 1-888-NJ-REALTY #3528284 Report a problem | ||
| 6/8/2009 | Sold | $120,000-28.5% |
Source: Public Record Report a problem | ||
| 12/17/2008 | Listing removed | $167,900 |
Source: foreclosure.com Report a problem | ||
| 12/10/2008 | Listed for sale | $167,900-43.3% |
Source: foreclosure.com Report a problem | ||
| 1/26/2006 | Sold | $296,000+44.4% |
Source: Public Record Report a problem | ||
| 11/28/2003 | Sold | $205,000+19.9% |
Source: Public Record Report a problem | ||
| 2/14/2001 | Sold | $171,000+126.5% |
Source: Public Record Report a problem | ||
| 1/6/2000 | Sold | $75,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,607 +5.2% | $140,200 |
| 2024 | $5,332 +0.1% | $140,200 |
| 2023 | $5,328 | $140,200 |
| 2022 | $5,328 | $140,200 |
| 2021 | $5,328 +1% | $140,200 |
| 2020 | $5,273 +37.4% | $140,200 |
| 2019 | $3,837 | $140,200 |
| 2018 | $3,837 -20.5% | $140,200 |
| 2017 | $4,823 +4% | $140,200 |
| 2016 | $4,639 +6.7% | $140,200 |
| 2015 | $4,348 +5% | $140,200 |
| 2014 | $4,140 -13.2% | $140,200 -2.2% |
| 2012 | $4,769 +4.7% | $143,300 |
| 2011 | $4,557 +16.1% | $143,300 |
| 2010 | $3,925 +5.4% | $143,300 |
| 2009 | $3,724 +4.4% | $143,300 |
| 2008 | $3,568 | $143,300 |
| 2007 | $3,568 | $143,300 |
| 2006 | -- | $143,300 |
| 2005 | -- | $143,300 |
| 2004 | $3,095 | $143,300 |
| 2003 | -- | $143,300 +658.2% |
| 2002 | -- | $18,900 |
| 2001 | -- | $18,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Lower Vailsburg
Nearby schools
GreatSchools rating
- 6/10Ivy Hill Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 1.3 mi
- 1/10Central High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Speedway
- Middle: Speedway
- High: West Side
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Newark
- 07106
- Lower Vailsburg
- 236 Alexander St
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