839-845 Sanford Avenue, Newark, NJ 07106
Local realty services provided by:ERA Queen City Realty
839-845 Sanford Avenue,Newark, NJ 07106
$2,000,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: donna schmiede
Office: all-city realty908-251-5530
MLS#:26027400
Source:NJ_MLS
Price summary
- Price:$2,000,000
About this home
Exceptional Turnkey 12-Unit Mixed-Use Investment Opportunity! 835-839 Sanford Ave. Meticulously maintained and proudly owned by the same family for over 40 years, this all-brick mixed-use building has been thoughtfully renovated and impeccably cared for. The property features 6 commercial storefronts and 6 residential apartments, with long-term tenants and established businesses creating a strong, diversified income stream in a prime location near the Maplewood border. Current gross income is strong, with excellent upside through rent optimization. All tenants, including the owner's unit, are on month-to-month leases, providing flexibility for investors. Additional income OPPORTUNITIES include 7 fenced rentable parking spaces, coin-operated laundry, and individual tenant storage units. The property also offers a high-ceiling, semi-finished walkout basement with front and rear access, ideal for storage or additional utility space. Capital improvements include a roof with a 5-year warranty, newer windows, new steel lintels, professionally sealed exterior brick, and sealed basement walls. The fully fenced rear yard features gated access from Sanford Place. A rare opportunity to acquire an exceptionally maintained mixed-use asset offering stable cash flow, value-add potential, and long-term appreciation in one of the area's most desirable investment corridors....
Contact an agent
Home facts
- Listing ID #:26027400
- Added:97 day(s) ago
- Updated:October 27, 2026 at 06:01 PM
Finances and disclosures
- Price:$2,000,000
- Tax amount:$26,650
New listings near 839-845 Sanford Avenue
- Coming SoonOpen Sun, 11am to 1pm
$470,000Coming Soon4 beds 3 baths3,144 sq. ft.303-305 Eastern Pkwy, Newark City, NJ 07106
MLS# 4061177Listed by: KELLER WILLIAMS - NJ METRO GROUP - Open Sat, 2 to 4pmNew
$225,000Active3 beds 1 baths800 S 15th Street, Newark, NJ 07108
MLS# 26040844Listed by: KELLER WILLIAMS REALTY - NJ METRO GROUP - New
$899,999Active-- beds 5 baths725 19th Street, Newark, NJ 07103
MLS# 26040769Listed by: LUXE LISTINGS - New
$750,000Active9 beds 3 baths834 S 16th St, Newark City, NJ 07108
MLS# 4061259Listed by: EXP REALTY, LLC - New
$470,000Active4 beds 3 baths305 Eastern Parkway, Newark, NJ 07106
MLS# 26040786Listed by: KELLER WILLIAMS REALTY - NJ METRO GROUP
$430,000Active3 beds 2 baths121 Schofield St, Newark City, NJ 07106
MLS# 4047506Listed by: NEW AND MODERN GROUP- New
$899,999Active6 beds 1 baths394 S 9th St, Newark City, NJ 07103
MLS# 4061229Listed by: LUXE LISTINGS
$899,000Active6 beds 5 baths86 1/2 Garside St #2, Newark City, NJ 07104
MLS# 4058605Listed by: PRESTIGE PROPERTY GROUP MONTCLAIR- New
$785,000Active6 beds 5 baths725 S 19th St, Newark City, NJ 07103
MLS# 4061204Listed by: LUXE LISTINGS - New
$630,000Active6 beds 3 baths349-351 Parker Street, Newark, NJ 07104
MLS# 26040730Listed by: KEYPOINT REALTY LLC