$1,200,000

125 Malvern St, Newark City, NJ 07105

6 beds |
2 baths

Multi-Family Home
Built in 1950
6,534sqft lot
2 car garage
$——/sqft
Listed 16 days ago

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.

Listing Status:: Active
Listing Office:: RE/MAX PROFESSIONALS I : 973-450-4000
MLS ID:: 3999504

Basement: Unfinished
A/C: 2 UnitsWall A/C Unit(s)
Heating: Forced Hot AirGas-Natural

General: Aluminum Siding
Parking: Parking spaces: 4

Roofing: See Remarks

County: Essex

Driveway: Off-Street ParkingParking Lot-ExclusiveSee Remarks
Zoning: 1614-00971-0000-00012-0000-

Utilities: Gas-Natural
Water: Public Water
Sewer: Public Sewer

This listing courtesy of RE/MAX PROFESSIONALS I

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ann Street Elementary School

30 Ann St, Newark, NJ, 07105

Grades PK-8

0.35 miles away

Ann Street Elementary School

30 Ann St, Newark, NJ, 07105

Grades PK-8

0.35 miles away

East Side High School

238 Van Buren St, Newark, NJ, 07105

Grades 9-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.