For Multi Family

125 Malvern St,Newark City, NJ 07105-1503

November 26, 2025

Located in the Ironbound Section of Newark, this well-situated double lot (62×104) sits within the MX-1 Low DensityResidential/Commercial Zoning District. Minutes from Newark Airport, the property offers excellent short-term rentalpotential. The owner has preliminary plans for the construction of a five-unit dwelling, pending subdivision approval.Conveniently positioned near parks, restaurants, shopping, public transportation, major highways, and offering easyaccess to NYC. A solid addition to any investment portfolio.

Property ID:PT-15278144-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 1,200,000 $

Bedrooms:6

Year Built:1950

Listing Details

Status: Active

Location

County: Essex

Lotsize: 62.6X104.6

Lot Identifier: 12

Lot Description: Level Lot

Lot Identifier: 12

Home Details

Open Parking: 4

Basement: Yes

Renovated: 2025

Basmnt/Desc: Yes - Unfinished

Acreage: 0.15

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 12

Easement/Desc: No

Exterior Description: Aluminum Siding

Possesion: TBD

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom

Garage Description: Detached Garage, Garage Parking

Number of Garage Spaces: 2

Block Identifier: 971

County Number: 16

Town Number: 1614

YB/Desc: 1950 - Approximate, Renovated

Easement: No

Parking/Driveway Description: Off-Street Parking, Parking Lot-Exclusive

Block Identifier: 971

County Number: 16

Town Number: 1614

Possession: TBD

Utilities

Heat Source: Gas-Natural

Heat System: Forced Hot Air

Cool System: 2 Units, Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-00971-0000-00012-0000-

Tax Amount: $11,200.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $87,200.00

Building Assessment: $205,700.00

Total Assessment: $292,900.00

FHA Age Restricted: No

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Listing Details

125 Malvern St,Newark City, NJ 07105-1503

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