18
See all 18 photos
$1,200,000
Est. payment /mo
6 Beds
2 Baths
6,534 Sqft Lot
New
125-129 Malvern St Newark City, NJ 07105
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3999504
Style 2-Two Story
Bedrooms 6
Full Baths 2
Year Built 1950
Annual Tax Amount $11,200
Tax Year 2024
Lot Size 6,534 Sqft
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.
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
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