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2-Two Story

125 Malvern St

Newark City, NJ 07105

MLS#: 4020340

$750,000

Status: Active
Listing number: 4020340
Listing provided by: RE/MAX PROFESSIONALS I
Listing agent phone: None
Last update: 7 days ago
On site: 8 days ago
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Property

Beds

6

Full Baths

2

1/2 Baths

None

Year Built

1950

Sq.Footage

N/A

Welcome to 125 Malvern Avenue a turnkey two-family opportunity in the heart of Newark, ideal for investors or owner-occupants looking to generate immediate income.This fully vacant property is ready for lease-up, allowing a new owner to set market rents from day one. Each unit offers a flexible layout suited for strong rental demand in one of New Jersey's fastest-growing urban markets.A standout feature of this property is the masonry garages located at the rear, providing valuable additional income potential or secure off-street parking a highly sought-after amenity in Newark.The property is currently fully furnished, offering a unique opportunity for a streamlined rental setup or furnished rental strategy. Furnishings can be included as part of the sale, though they are not included by default.The property is also undergoing a subdivision with the adjacent lot. As part of this, the new configuration will include a 10-foot easement providing driveway access to the rear of the property, creating a dedicated pathway for parking and enhancing long-term usability and value. The property benefits from strong tenant demand driven by affordability and accessibility. Nearby attractions such as Prudential Center and Newark Liberty International Airport further strengthen its appeal.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    2

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Aluminum Siding

  • Parking

    Off Street, Detached

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.15

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    2-Two Story

Price

  • Sales Price

    $750,000

  • Tax Amount

    $11,713

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

County

Essex

Elementary School

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Listing Courtesy of None , RE/MAX PROFESSIONALS I

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Welcome to 125 Malvern Avenue a turnkey two-family opportunity in the heart of Newark, ideal for investors or owner-occupants looking to generate immediate income.This fully vacant property is ready for lease-up, allowing a new owner to set market rents from day one. Each unit offers a flexible layout suited for strong rental demand in one of New Jersey's fastest-growing urban markets.A standout feature of this property is the masonry garages located at the rear, providing valuable additional income potential or secure off-street parking a highly sought-after amenity in Newark.The property is currently fully furnished, offering a unique opportunity for a streamlined rental setup or furnished rental strategy. Furnishings can be included as part of the sale, though they are not included by default.The property is also undergoing a subdivision with the adjacent lot. As part of this, the new configuration will include a 10-foot easement providing driveway access to the rear of the property, creating a dedicated pathway for parking and enhancing long-term usability and value. The property benefits from strong tenant demand driven by affordability and accessibility. Nearby attractions such as Prudential Center and Newark Liberty International Airport further strengthen its appeal.

125 Malvern St

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