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233 Malvern Street
Newark, NJ 07105
Asking Price
$765K
Asset Type
Apartment Building Retail
Class
Class B
What's Special
Solid Spacious 2 Family In Ironbound-Newark! <p><strong style="color: rgba(0, 0, 0, 1)">Charming two family home in Newark's prime Ironbound section. Spacious three bedroom apartments offer central air & heat and access to coin operated laundry washing machine and dryer. A quaint nearby mini park and ample street parking. Recent updates include a new roof in (2015), new windows (2017) first and second floor, interior renovations (2017) and recently second floor (2025), redone sidewalk (2018) and a cement patio with shed in a large backyard
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NOI
$80,000
Cap Rate
10.46%
DSCR
1.76
Strong
Cash-on-Cash
15.07%
Monthly Payment
$3,784.308
Annual Cash Flow
$34,588.306
