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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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236 Alexander St , Newark City, NJ 07106
$599,000
Est. Payment: $3,048.44/mo
5 Bed
3 Bath
0 Sqft
Status: active | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House 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!
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Highlights

Listed by WILLIAM BARRAZA , MP KELLER WILLIAMS - NJ METRO GROUP , 973-783-7400. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.07

Year Built

1968

County

Essex

Listing ID

4036260

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:See Remarks,Window A/C(s)
Fireplaces:
Basement:Finished,Full,Walkout
Other:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:33.4X86.6 AVG.
Roof:Asphalt Shingle
Others:Sidewalk,Vinyl Siding,Driveway-Exclusive
Sewer:Public Sewer
Parking Features:Built-In Garage
Principal Interest
$3,048
Taxes
$467

Home Price

$599,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,048.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,048.44 $467.17 $0.00 $3,515.60
Yearly $36,581.22 $5,606.00 $0.00 $42,187.22
Total $1,097,436.74 $168,180.00 $0.00 $1,265,616.74

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T22:38:21.000Z

© 2026 Garden State MLS