125-129 Malvern St new

Newark City,NJ 07105

$ 1200000

6 Beds

2 Baths

0 SqFt


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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