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$ 750,000
Est. payment | /mo
6 Beds
2 Baths
6,534 Sqft Lot
$ 750,000
Est. payment | /mo
6 Beds
2 Baths
6,534 Sqft Lot
Key Details
Property Type Multi-Family
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
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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NEARBY SCHOOL & BUSINESS
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