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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.
Full Property Details
Full Property Details for 125 Malvern St
General
- Price: $750,000
- Taxes: $11,713 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4020340
- Updated: 4/13/2026
- Added to Site: 1 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: $11,713
- Tax Year: 2025
Disclosures and Reports
- Block: 971
- Lot Number: 12
Listed by Re/Max Professionals I
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Schools
Schools serving 125 Malvern St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ann Street Elementary School 30 Ann Street, Newark, NJ 07105 | PK-8 | 0.4 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.5 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.6 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.3 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.6 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.7 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.9 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 Malvern St
Date
Details
Price
Change
Source
4/13/2026
Listed
$750,000
-9.64%
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 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 Malvern St
125 Malvern St, Newark, NJ 07105 (MLS# 4020340) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 125 Malvern St is currently listed for $750,000 and was received on April 13, 2026. Want to learn more about 125 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.

