138-140 Malvern St
Newark City, NJ 07105
Price: $1,149,900
GSMLS: 4052118Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 5 Full
Garage: 2-Car
Year Built: 2006
Acres: 0.09
Property Tax: $14,612
Description
Excellent opportunity to own a spacious 3-family property in Newark! Built in 2006, this well-designed multi-family offers a total of 9 bedrooms and 5 full baths. The first-floor unit features 3 bedrooms and 1 bath, while both the second and third-floor units offer 3 bedrooms and 2 full baths each. An excellent opportunity for investors looking to expand their portfolio or owner-occupants looking to live in one unit while generating rental income from the others. Separate utilities help simplify property management, while the spacious layouts provide strong rental appeal. Conveniently located near public transportation, major highways, shopping, schools, restaurants and everyday amenities. Whether you're looking for your next income-producing investment or a multi-family home with excellent potential, this property is a must-see. Schedule your showing today!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
18
Basement:
No
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding, Brick
Lot Size:
40.12 X 95
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Built-In Garage
Parking:
See Remarks
Spaces Available:
3
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
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:
3 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
3 Units, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, 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:
$1,149,900
Tax Amount:
$14,612
Land Assessment:
$76,000
Build. Assessment:
$289,400
Total Assessment:
$365,400
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4052118
List Date:
09-11-2026
Days On Market:
1
Listing Broker:
NEW DIRECTION REALTY
Listing Agent:
Mario Espada
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
