Vacant Two-Family
For Sale
Contact for pricing
245 Alexander St., Newark, NJ 07106
Vacant two-family property with three-bedroom and two-bedroom units plus an additional accessory unit.
Property Size2,475 SF
Lot Size0.11 Acres
Days on Market124
Property Features for 245 Alexander St.
General Information
Standard status
Active
Size
2,475 SF
Lot size
0.11 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
3
Listing Agency:
Golden Star Realty Group
Listed By:
Joe Goldberg
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 1:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Star Realty Group
Investment Insights
Based on property information with market context.
This property is a legal two-family home currently all vacant. The structure includes a three-bedroom apartment and a two-bedroom apartment, along with an additional accessory unit with 1.5 bedrooms, providing multiple distinct residential configurations within one building.
Located on a peaceful, tree-lined street in Newark, NJ, the property sits on a 4,963 square foot lot. As presented, it is positioned for an investor looking for a renovation or repositioning opportunity.
With all units vacant, the building is available for immediate interior work and planning. The listing also notes construction costs assessed at $70,000.
Located on a peaceful, tree-lined street in Newark, NJ, the property sits on a 4,963 square foot lot. As presented, it is positioned for an investor looking for a renovation or repositioning opportunity.
With all units vacant, the building is available for immediate interior work and planning. The listing also notes construction costs assessed at $70,000.
Key Highlights
- Legal two‑family home in Newark, NJ with 2,475 SF on a 4,963 SF lot
- Unit mix includes a 3‑bedroom apartment and a 2‑bedroom apartment
- Additional accessory unit with 1.5 bedrooms
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 07106, NJ
34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Vacant two-family property with three-bedroom and two-bedroom units plus an additional accessory unit.
Where is this specialty property located?
The property is located at 245 Alexander St. Newark, NJ.
What are key features of this property?
This property features: Legal two‑family home in Newark, NJ with 2,475 SF on a 4,963 SF lot; Unit mix includes a 3‑bedroom apartment and a 2‑bedroom apartment; Additional accessory unit with 1.5 bedrooms
