138-140 Malvern Street, Newark, NJ 07105 - Photo 1

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$1,149,900

For Sale
Under Contract
Multi-Family
9 Total Beds
2 Car Garage

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Property Description

Excellent opportunity to own a spacious 3-family property in Newark! Built in 2006, this well-designed multi-family offers a total of 9 bedrooms and 5 full baths. The first-floor unit features 3 bedrooms and 1 bath, while both the second and third-floor units offer 3 bedrooms and 2 full baths each. An excellent opportunity for investors looking to expand their portfolio or owner-occupants looking to live in one unit while generating rental income from the others. Separate utilities help simplify property management, while the spacious layouts provide strong rental appeal. Conveniently located near public transportation, major highways, shopping, schools, restaurants and everyday amenities. Whether you're looking for your next income-producing investment or a multi-family home with excellent potential, this property is a must-see. Schedule your showing today!

Full Property Details

Full Property Details for 138-140 Malvern St

General

Price: $1,149,900
Taxes: $14,612
Status: Under Contract
Type: Multi-Family
Source: NJMLS
MLS ID: 26034511
Updated: 9/22/2026
Added to Site: 31 day(s) ago

Interior

Number of Rooms: 18

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 9

Other Rooms

Laundry: In Unit

Parking

Garage: Yes
Garage Spaces: 2

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat

Structural Information

Architectural Style: 3 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $14,612

Listed by New Direction Realty LLC (833) 984-4663, Pedro Mota (973) 462-6440

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Listing agent

— 138-140 Malvern St —

Pedro Mota

New Direction Realty LLC

973-462-6440

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NMLS#: 1598647

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Schools

Schools serving 138-140 Malvern St

School District:Newark City School District

Name	Grades	Distance
Ann Street Elementary School 30 Ann Street, Newark, NJ 07105	PK-8	0.3 mi
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	0.6 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	0.6 mi
East Side High School 238 Van Buren Street, Newark, NJ 07105	9-12	0.2 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	1.8 mi
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	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 138-140 Malvern St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/11/2026

Listed

$1,149,900

198.68%

MLS

7/21/2011

Sold

$385,000

—

Public Record

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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 138-140 Malvern St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$14,612

$365,400

—

2022

$13,651

—

$365,400

—

2021

$13,644

33%

$365,400

—

2021

$10,286

-24%

$365,400

—

2018

$13,494

-2%

$365,400

—

2019

$13,743

$365,400

—

2017

$13,008

$365,400

—

2016

$12,570

$365,400

—

2015

$12,091

12%

$365,400

—

2013

$10,790

—

$365,400

—

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 138-140 Malvern St

138-140 Malvern Street, Newark, NJ 07105 (MLS# 26034511) is a Multi-Family property with units containing 9 bedrooms and 5 full bathrooms. 138-140 Malvern Street is currently listed for $1,149,900 and was received on September 11, 2026. Want to learn more about 138-140 Malvern Street? 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.

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138-140 Malvern St Newark, NJ 07105