125 Malvern St, Newark City, NJ 07105
125 Malvern St, Newark City, NJ 07105
125 Malvern St, Newark City, NJ 07105
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Sharon Burroughs-Clarke

Sharon Burroughs-Clarke

+1(917) 940-2118
$750,000
Est. payment /mo
6 Beds
2 Baths
6,534 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4020340

Style 2-Two Story

Bedrooms 6

Full Baths 2

Year Built 1950

Annual Tax Amount $11,713

Tax Year 2025

Lot Size 6,534 Sqft

Property 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.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling 2 Units, Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Parking Features Detached Garage, Garage Parking

Garage Spaces 2.0

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

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Sharon Burroughs-Clarke

Sharon Burroughs-Clarke

+1(917) 940-2118

Broker Associate | License ID: 1752455

Broker Associate License ID: 1752455

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