BEDS6
BATHS2 full
MLS#4020340
STATUS
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: 2 Units, Wall A/C Unit(s)
Fuel Type: Gas-Natural
Garage: 2
Heating: Forced Hot Air
Lot Size: 0.15 Acres
Taxes: $11,713
Year Built: 1950
Feature Descriptions
Days on Site: 4
Driveway: Off-Street Parking, Parking Lot-Exclusive, See Remarks
Exterior: Aluminum Siding
Lot: Level Lot
Lot Dimensions: 0.15 acre(s)
Parking Notes: Detached Garage, Garage Parking
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: RE/MAX PROFESSIONALS I
Agency Contact: 973-450-4000
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,864.01 per month $1,669.17 Principal & Interest $976.08 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
125 Malvern St | MLS# 4020340
This multi-family property located at 125 Malvern St, Newark, NJ 07105 is currently listed for sale with an asking price of $750,000. Search Newark real estate on www.realtymark.net today.