Properties

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!

Features

  • Heating System : Forced Hot Air, 3 Units
  • Cooling System : 3 Units, Central Air
  • Roof Deck : Asphalt Shingle
  • Parking : 3
  • Parking Description: See Remarks
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke
  • Tax Assessed Valuation: 365400
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: NEW DIRECTION REALTY
  • Office MLS ID: 5428
  • Agent ID: 233591
  • Tax: 14612
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$1,149,900

138 Malvern St, Newark City, *

  • SQFT 40.12 Acre
  • Bedroom 9
  • Built Year 2006

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5459944
  • Price: $1,149,900
  • Bedrooms: 9
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2006
  • Year Built Description: Approximate
  • Lot Area: 40.12 Acre
  • Status: Active
  • Days On Market: 10

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Malvern St
  • Street Number: 138
  • Street Direction: Between Van Buren St and Adams St
  • Floor Number: 0
  • Longitude: W75° 50' 17.8''
  • Latitude: N40° 43' 16.1''
  • Internet Display Address: No
Property