$549,900
PENDING

189 Alexander St Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated payment $3,169/month

Total Views 2,848
5 Beds
2.5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Excellent Investment Opportunity in Newark!Welcome to 189 Alexander St, Newark NJ, a spacious 2-family home perfect for both investors and owner-occupants. Unit 1 offers 2 bedrooms, 1 bath, an eat-in kitchen, and a comfortable living room and den. Unit 2 features an expansive layout with 2 bedrooms, 1.5 baths, a large eat-in kitchen, and a bright living room, and den ideal for generating strong rental income. This property also includes a private driveway that can accommodate 2+ cars, adding extra convenience and value for tenants or owners. With two well-sized units, this multi-family home offers excellent cash flow potential and is a smart choice for those looking to expand their Newark real estate portfolio. Conveniently located near shopping, schools, public transportation, and major highways, this property delivers both tenant appeal and long-term value.

Listing Agent

Jorge Velasquez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 09/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1952

Lot Details

  • 37 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Radiator

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-04050-0001-00034-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1952
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Personal Property.
  • Directions: 18th Ave. to Alexander St.
  • I D: 5384291
  • Attribution Contact: 973-450-4000
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 37.6X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3418
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04050-0001-00034-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,351 $89,900 $17,800 $72,100
2024 $3,351 $89,900 $17,800 $72,100
2022 $3,359 $89,900 $17,800 $72,100
2021 $3,357 $89,900 $17,800 $72,100
2020 $3,416 $89,900 $17,800 $72,100
2019 $3,381 $89,900 $17,800 $72,100
2018 $4,022 $108,900 $17,800 $91,100
2017 $3,877 $108,900 $17,800 $91,100
2016 $3,746 $108,900 $17,800 $91,100
2015 $3,604 $108,900 $17,800 $91,100
2014 $3,377 $108,900 $17,800 $91,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2025 10/20/25 Pending -- -- --
09/26/2025 09/26/25 For Sale $549,900 +591.7% --
11/07/2012 11/07/12 Sold $79,500 -- -- View Prior Sale
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $550,000 Old Republic National Title
Bargain Sale Deed -- Cross Bridge Title
Bargain Sale Deed -- Land Track Title Agency Llc
Bargain Sale Deed $115,000 The Security Title Guarantee
Deed $79,500 The Security Title Guarantee
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $412,500 New Conventional
Previous Owner $262,500 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Source: Garden State MLS

MLS Number: 3989238

Garden State MLS

APN: 14-04050-01-00034

New Jersey Essex County Newark 07106 Lower Vailsburg

189 Alexander St, Newark, NJ

Pending

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Jorge Velasquez
Listing Agent
Jorge Velasquez
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RE/MAX PROFESSIONALS I
(201) 528-6368