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Two-Unit Duplex with Central Air
New
For Sale
$749,900

233 Malvern St, Newark, NJ 07105

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 233 Malvern St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 5, Basement, Bedroom 2
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Exterior features Storage Shed, Wood Fence
Fencing Wood
Lot features Level Lot
Directions Surrounding streets are Delancy, Chestnut, Pulaski, and close to all major highways!
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10065

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

central air & heat
coin operated laundry
security cameras
cement patio
shed
backyard

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Roof type Rubber, Flat
Architectural style Other
Additional Structures Storage
Listing Agency: LISTONENJ
Listed By: SONIA FERNANDES MOREIRA · License #277472
Added: Sep 13 Changed: Sep 14 Last Checked: Sep 15 at 2:06PM
MLS# 4052429

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-family duplex in Newark’s Ironbound section contains two three-bedroom apartments with central air and heat, wood flooring, and access to coin-operated laundry equipment. The property includes a basement, cement patio, large backyard, storage shed, and wood fencing. Public water and public sewer serve the building, which was constructed in 1925 on a 0.09-acre lot.

Property improvements include a roof replacement in 2015, first- and second-floor window updates in 2017, interior renovations in 2017, a sidewalk replacement in 2018, and second-floor work completed in 2025. The boilers were replaced less than five years ago. Security cameras, smoke detectors, carbon monoxide detectors, and a fire extinguisher are also present. The property is near a mini park and benefits from ample street parking.

Key Highlights

  • Two three‑bedroom apartments in a duplex configuration
  • 0.09‑acre lot in Newark’s Ironbound section
  • Central air and heat in both apartments

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
View Realmo Analytics

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 three-bedroom apartments feature updated interiors, coin-operated laundry access, and a backyard with patio and storage shed.
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 configuration; 0.09‑acre lot in Newark’s Ironbound section; Central air and heat in both apartments
More about this property
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