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    189 Alexander St Newark, NJ 07106

    Pending
    For Sale
    $549,900

    Multi-Family, 2-Two Story - Newark City, NJ

    Lot size:
    0.09 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 189 Alexander St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    3
    Parking
    2
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air, Other (Heating), Steam
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1952
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Professionals I (973) 450-4000 [email protected]

    Listing agent JORGE VELASQUEZ (973) 450-4000

    Listing date Oct 20, 2025

    MLS# 3989238 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark Two-Family Investment Opportunity

    Located in Newark City, NJ, this two-family home at 189 Alexander St presents an investment opportunity. The property features two units. Unit 1 includes 2 bedrooms, 1 bath, an eat-in kitchen, a living room, and a den. Unit 2 has 2 bedrooms, 1.5 baths, a large eat-in kitchen, a living room, and a den. A private driveway accommodates more than 2 cars. The lot size is 0.09 acres. The property is near shopping, schools, public transportation, and major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.22758
    Latitude
    40.73954

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    FAQs

    What type of property is this?
    Duplex - Spacious two-family home in Newark, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 189 Alexander St Newark, NJ.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: - Excellent cash flow potential from two well-sized units, ideal for investors.; - Convenient location near shopping, schools, public transportation, and major highways.; - Two-family home suitable for both investors and owner-occupants.
    (973) 450-4000
    Request Owner's contact information
    189 Alexander St Newark, NJ 07106
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    Newark, NJ 07106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    189 Alexander St Newark, NJ 07106
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