196 Malvern St Newark, NJ 07105
South Ironbound NeighborhoodEstimated payment $5,435/month
About This Home
Welcome to the heart of Newark's highly sought-after Ironbound section! This beautifully fully renovated 3-family home (2025) offers modern living with convenience at your doorstep just moments from premier dining, shopping, transportation, and downtown Newark. Each unit features 2 spacious bedrooms and 2 full bathrooms, thoughtfully designed with gleaming hardwood floors, central air and forced hot air, recessed lighting, and tankless hot water heaters for maximum comfort and efficiency. The brand-new chef-inspired kitchens boast quartz countertops, sleek new cabinets, and stainless steel appliances, creating a stylish space to cook and entertain. Bathrooms have been fully remodeled with granite floors, elegant porcelain tiling, and contemporary finishes, offering a spa-like retreat in every unit. Relax and take in breathtaking NYC skyline views from the rooftop, perfect for unwinding or entertaining guests. With its prime location, modern updates, and rare multi-family layout, this property is an exceptional investment or owner-occupant opportunity in one of Newark's most vibrant neighborhoods. Don't miss this one - schedule your private tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,244
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25 x 100
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 31 / 1128
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,082 | $216,800 | $75,000 | $141,800 |
| 2024 | $8,082 | $216,800 | $75,000 | $141,800 |
| 2022 | $8,100 | $216,800 | $75,000 | $141,800 |
| 2021 | $8,095 | $216,800 | $75,000 | $141,800 |
| 2020 | $8,238 | $216,800 | $75,000 | $141,800 |
| 2019 | $8,154 | $216,800 | $75,000 | $141,800 |
| 2018 | $8,006 | $216,800 | $75,000 | $141,800 |
| 2017 | $7,718 | $216,800 | $75,000 | $141,800 |
| 2016 | $7,458 | $216,800 | $75,000 | $141,800 |
| 2015 | $7,174 | $216,800 | $75,000 | $141,800 |
| 2014 | $6,723 | $216,800 | $75,000 | $141,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2025 10/23/25 | Pending | -- | -- | -- | |
| 09/03/2025 09/03/25 | For Sale | $899,000 | +85.4% | -- | |
| 03/07/2023 03/07/23 | Sold | $485,000 | -4.9% | -- | View Prior Sale |
| 02/01/2023 02/01/23 | Pending | -- | -- | -- | |
| 01/05/2023 01/05/23 | Price Changed | $510,000 | -1.9% | -- | |
| 12/13/2022 12/13/22 | For Sale | $520,000 | +15.6% | -- | |
| 12/12/2022 12/12/22 | Sold | $450,000 | 0.0% | -- | View Prior Sale |
| 11/25/2022 11/25/22 | Pending | -- | -- | -- | |
| 08/31/2022 08/31/22 | For Sale | $450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $485,000 | None Listed On Document | |
| Deed | $450,000 | Surety Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Previous Owner | $492,450 | Construction |
Source: New Jersey MLS
MLS Number: 25031187
APN: 14-01128-0000-00031
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