47 Malvern St Newark, NJ ^$ 1,585,000

47 Malvern St

^$ 1,585,000

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Recently Listed

47 Malvern St

Newark, NJ, 07105

^$ 1,585,000

Bedrooms-- Baths-- Sq 5,350

Monthly Estimate*

^$ 10,008

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Commercial Property for sale in Newark, NJ

for $1,585,000. This 5,350 square foot building was built on a lot size of 0.06.

Great opportunity in the heart of Newark's Ironbound! This mixed-use property features two 3-bedroom apartments and two established ground-floor businesses a hair salon and restaurant/caf . Located in a lively neighborhood close to shopping, supermarkets, restaurants, and everyday conveniences. Businesses are not included in the sale; the sale is for the real estate only. A great opportunity for an investor or owner looking for a property with both residential and commercial space.

Commercial Active

Price

^$ 1,585,000

Property Type

Commercial

Taxes

^$ 14,928

Style

MixedUse

Lot Size

0.06

Town/City

Newark

County/Region

Essex

MLS | Web ID

4051622

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating Baseboard - Hotwater

Cooling No Cool

Utilities Electric Gas-Natural

Possession upon closing

Roof Flat

Zoning Mixed Use

Garage Spaces 0

Year Built 9999

Township Newark City

Property Type Mixed Use MixedUse

Tax Year 2025

Ownership Fee Simple

Location Business District Residential Area

County Essex

Status Active

Directions Corner of Jerfferson and Malvern

Number Of Units Total 5

Tax Annual Amount 14928

Drive On-Street Parking

Leasable Area 0

Standard Status Active

Tax Assessed Value 373300

Town # 1614

Tax Lot 43

Interior

Basement Partial Unfinished

Fuel Type Gas-Natural

Total Stories 3

Half Baths 0

Exterior

Water Source Public Water

Exterior Description See Remarks

Building Area Total 5345

Lot Dimensions 25X104.6

Lot Size Acres 0.06

* Excluded Features

List By

NILMARA BORRELLO

Listing Agent

Re/Max New Millennium Group

Broker

soldbymara@gmail.com

Affordability Calculator

$11,252

Per Month

Monthly Principal & Interest: $10,008
Monthly Property Taxes: $1,244
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Newark, NJ

Average List Price ^$1,073,008

Percent of Sale Price 32%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/9/2026	$1,585,000		Listed Price

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47 Malvern St, Newark, NJ, 07105 is a Commercial Property for sale at $1,585,000 with 5,350 sqft and a lot size of 0.06. The property's zip code is 07105 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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47 Malvern St

Commercial Property for sale in Newark, NJ

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