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$1,200,000
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Property Description
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.
Full Property Details
Full Property Details for 125-129 Malvern St
General
- Price: $1,200,000
- Taxes: $11,200 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3999504
- Updated: 11/26/2025
- Added to Site: 54 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage, Garage Parking
Location
- County: Essex
- Driving Directions: Adams to Malvern St.
Heating & Cooling
- Cooling Type: 2 Units, Wall A/C Unit(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: See Remarks
- Year Built: 1950
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.15
- Lot Dimensions: 62.6 x 104.6
- Driveway/Sidewalk: Off-Street Parking, Parking Lot-Exclusive, See Remarks
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $205,700
- Land Assmt: $87,200
- Tax Amount: $11,200
- Tax Year: 2024
Disclosures and Reports
- Block: 971
- Lot Number: 12
Listed by Re/Max Professionals I
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Schools
Schools serving 125-129 Malvern St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.5 mi |
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 0.5 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.6 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.6 mi |
Quitman Street School 21 Quitman Street, Newark, NJ 07103 | K-8 | 1.3 mi |
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105 | PK-8 | 1.4 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.9 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2 mi |
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103 | PK-4 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125-129 Malvern St
Date
Details
Price
Change
Source
11/26/2025
Listed
$1,200,000
44.58%
MLS
1/11/2024
Sold
$830,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 125-129 Malvern St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,139
55%
$292,900
—
2022
$7,196
10%
$292,900
52%
2021
$6,566
35%
$192,600
—
2021
$4,859
-29%
$192,600
—
2018
$6,863
4%
$192,600
—
2017
$6,607
-6%
$192,600
—
2019
$6,994
10%
$192,600
—
2016
$6,375
4%
$192,600
—
2015
$6,123
8%
$192,600
—
2013
$5,687
—
$192,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 125-129 Malvern St
125-129 Malvern St, Newark, NJ 07105 (MLS# 3999504) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 125-129 Malvern St is currently listed for $1,200,000 and was received on November 26, 2025. Want to learn more about 125-129 Malvern St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

