Two-Family Residential Income
For Sale
$764,900
233 Malvern St, Newark, NJ 07105
Two spacious three-bedroom apartments with central air/heat and on-site coin laundry, plus recent roof, window, and interior updates.
Property SizeContact for details
Days on Market51
Property Features for 233 Malvern St
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1925
Year Renovated
2018
Tenancy
Multi
Listing Agency:
LISTONENJ
(973) 727-2037
Listed By:
SONIA FERNANDES MOREIRA · License #277472
Source:
Elliman
Added: Jun 22
Changed: Jul 10
Last Checked: Aug 10 at 7:08AM
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 LISTONENJ
Investment Insights
Based on property information with market context.
This two-family property features two spacious three-bedroom apartments with central air and central heat. Each unit includes access to a coin-operated laundry setup with washing machine and dryer. Recent improvements include a new roof in 2015, new windows installed in 2017 (first and second floor), and interior renovations in 2017, with additional updates to the second floor in 2025. Exterior work includes a redone sidewalk in 2018, and the home offers a large backyard with a cement patio and shed. Boilers have been replaced within the last five years, and security cameras are installed on the property.
Located in Newark’s Ironbound section, the home provides convenient street parking and is near a small mini park. Walk, bike, and transit accessibility data are available, with Walk Score 93, Bike Score 55, and Transit Score 83.
For buyers seeking a residential income setup, the layout is designed around two separate three-bedroom units, with shared convenience from the on-site coin laundry area. The documented capital updates—roof, window replacements, interior renovation work, and boiler replacement timeframe—support a practical, maintainable housing configuration for an owner-operator or investor.
Located in Newark’s Ironbound section, the home provides convenient street parking and is near a small mini park. Walk, bike, and transit accessibility data are available, with Walk Score 93, Bike Score 55, and Transit Score 83.
For buyers seeking a residential income setup, the layout is designed around two separate three-bedroom units, with shared convenience from the on-site coin laundry area. The documented capital updates—roof, window replacements, interior renovation work, and boiler replacement timeframe—support a practical, maintainable housing configuration for an owner-operator or investor.
Key Highlights
- Two‑family home built in 1925 with two spacious 3‑bedroom apartments
- Central air and heat plus on‑site coin‑operated laundry with washer and dryer
- Recent updates: new roof (2015), new windows (2017), interior renovations (2017) and second‑floor renovations (2025)
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,122
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two spacious three-bedroom apartments with central air/heat and on-site coin laundry, plus recent roof, window, and interior updates.
Where is this duplex located?
The property is located at 233 Malvern St Newark, NJ.
What is the asking price?
The asking price for this property is $764,900.
What are key features of this property?
This property features: Two‑family home built in 1925 with two spacious 3‑bedroom apartments; Central air and heat plus on‑site coin‑operated laundry with washer and dryer; Recent updates: new roof (2015), new windows (2017), interior renovations (2017) and second‑floor renovations (2025)
