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Updated Two-Family Duplex
For Sale
$749,900

233 Malvern St, Newark, NJ 07105

Two spacious apartments include central air, heat, and access to shared laundry equipment.

Property SizeContact for details
Days on Market29

Property Features for 233 Malvern St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,065

Amenities

central air & heat
coin operated laundry
security cameras

Building Details

Year Built 1925
Buildings 1
Units 2
Listing Agency: ListOneNJ LLC
Listed By: SONIA FERNANDES MOREIRA · License #277472
Source: Elliman
Added: Sep 15 Changed: Oct 9 Last Checked: Oct 12 at 8:19PM

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 LLC

Investment Insights

Based on property information with market context.

This 1925 duplex contains two three-bedroom apartments with central air and heat. Residents have access to coin-operated laundry equipment, while the property also includes a cement patio, shed, and sizable backyard. Security cameras are installed on the property, and the boilers were replaced less than five years ago.

The home is located in Newark’s Ironbound section at 233 Malvern St. A nearby mini park and ample street parking add practical neighborhood amenities. Property updates include a roof replacement in 2015, new first- and second-floor windows in 2017, interior renovations in 2017, a second-floor renovation in 2025, and sidewalk work completed in 2018. Walk Score is 97, Bike Score is 64, and Transit Score is 75.

Key Highlights

  • Two three‑bedroom apartments in a duplex built in 1925
  • Central air and heat in both apartments
  • Coin‑operated laundry equipment available on the property

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Pet Grooming Service Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,103
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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two spacious apartments include central air, heat, and access to shared laundry equipment.
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 $749,900.
What are key features of this property?
This property features: Two three‑bedroom apartments in a duplex built in 1925; Central air and heat in both apartments; Coin‑operated laundry equipment available on the property
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