225 Alexander St
Newark City, NJ 07106
Price: $550,000
GSMLS: 4031678Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 7
Baths: 3 Full
Garage: No
Year Built: 1920
Acres: 0.09
Property Tax: $10,641
Description
Welcome to this exceptional two-unit home featuring bonus third-floor space and outstanding potential. A great opportunity for whether savvy or aspiring investors looking to create excellent cash flow.Each unit features 3 bedrooms and 1 full bathroom, offering spacious layouts ideal for owner-occupants or tenants. The first-floor unit includes a bonus sunroom, providing additional living space filled with natural light and added versatility.The bonus third-floor space presents exciting possibilities for additional use, subject to buyer due diligence and local regulations.Drive by only.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
37.6X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Additional Parking
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room, Sunroom
Levels:
2
Square Foot:
n/a
Fireplaces:
1
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$550,000
Tax Amount:
$10,641
Land Assessment:
$21,500
Build. Assessment:
$244,600
Total Assessment:
$266,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4031678
List Date:
06-02-2026
Days On Market:
3
Listing Broker:
LIFESTYLE INTERNATIONAL REALTY
Listing Agent:
Ricardo Folkes
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
