Property
Newark City, NJ 07105 125-129 Malvern St
$1,200,000
13 more
Presented By: RE/MAX PROFESSIONALS I; 973-450-4000
Beds • 6- Baths • 2
- Garage • 2
Beds • 6
Baths • 2
Garage • 2Home Details
Located in the Ironbound Section of Newark, this well-situated double lot (62x104) 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.
Presented By: RE/MAX PROFESSIONALS I; 973-450-4000
Interior Features for 125-129 Malvern St
Bedrooms
Total Bedrooms6
Unit 1 Beds Total3
Unit 2 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms6
Unit 1 Rooms6
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
Unit 2 Room DescriptionBedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
General for 125-129 Malvern St
Architectural Style2-Two Story
Cooling2 Units, Wall A/C Unit(s)
CountyEssex
DirectionsAdams to Malvern St.
DriveOff-Street Parking, Parking Lot-Exclusive, See Remarks
EasementNo
Full Baths2
GarageDetached Garage, Garage Parking
Garage Spaces2
Gross Income
HeatingForced Hot Air
Net Operating Income
Number Of Units Total2
Open Parking Spaces4
Operating Expense
PossessionTBD
RoofSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11200
Tax Assessed Value292900
Tax Lot12
Tax Year2024
Total Rooms12
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Water HeaterSee Remarks
Year Built1950
Exterior for 125-129 Malvern St
Exterior DescriptionAluminum Siding
Lot Dimensions62.6X104.6
Lot FeaturesLevel Lot
Lot Size Acres0.15
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner