125 Malvern St
Newark City, NJ 07105
Price: $750,000
GSMLS: 4020340Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: 2-Car
Year Built: 1950
Acres: 0.15
Property Tax: $11,713
Description
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.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
See Remarks
Exterior:
Aluminum Siding
Lot Size:
62.6X104.6
Lot Desc:
Level Lot
Parking
Garage Capacity:
2-Car
Description:
Detached Garage, Garage Parking
Parking:
Off-Street Parking, Parking Lot-Exclusive, See Remarks
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Wall A/C Unit(s)
Water Heater:
See Remarks
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$750,000
Tax Amount:
$11,713
Land Assessment:
$87,200
Build. Assessment:
$205,700
Total Assessment:
$292,900
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4020340
List Date:
04-13-2026
Days On Market:
0
Listing Broker:
RE/MAX PROFESSIONALS I
Listing Agent:
Christopher Stead
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
