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3-Unit Triplex

138-140 Malvern Street, Newark, NJ 07105

For Sale
Contact for pricing

Built in 2006 with separate utilities and three distinct residential layouts.

Property SizeContact for details
Days on Market58

Property Features for 138-140 Malvern Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Site & Location

Neighborhood South Ironbound
Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/1BA, 2 x 3BR/2BA
Multifamily Units 3

Building Details

Year Built 2006
Buildings 1
Listing Agency: New Direction Realty LLC
Listed By: Pedro Mota · License NJ #294844
Source: Capmarkrealty
Added: Sep 13 Changed: Nov 1 Last Checked: Nov 8 at 3:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Direction Realty LLC

Rey
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Investment Insights

Based on property information with market context.

Located at 138-140 Malvern Street in Newark, this triplex contains three residential units totaling 9 bedrooms and 5 full baths. The first-floor residence has 3 bedrooms and 1 bath, while the second- and third-floor residences each provide 3 bedrooms and 2 full baths. The building was constructed in 2006, and separate utilities serve the units.

The property is near public transportation, major highways, shopping, schools, restaurants, and everyday amenities. Its three-floor configuration provides distinct living spaces within a single multifamily building, with a unit mix that includes two larger bath layouts and one first-floor residence with a single bath.

Key Highlights

  • Three‑unit multifamily property with 9 bedrooms and 5 full baths
  • Built in 2006 with separate utilities
  • First‑floor unit includes 3 bedrooms and 1 bath

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,122
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Newark, NJ

$364 Jul
$260 Aug
$262 Sep
$237 Oct

Properties on Market for Triplexes in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Built in 2006 with separate utilities and three distinct residential layouts.
Where is this triplex located?
The property is located at 138-140 Malvern Street Newark, NJ.
What are key features of this property?
This property features: Three‑unit multifamily property with 9 bedrooms and 5 full baths; Built in 2006 with separate utilities; First‑floor unit includes 3 bedrooms and 1 bath
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