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839-845 Sanford Avenue, Newark, NJ 07106

Newark
Local realty services provided by:CENTURY 21 Alliance 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...

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Home facts

  • Listing ID #:26027400
  • Added:55 day(s) ago
  • Updated:September 15, 2026 at 03:38 PM

Finances and disclosures

  • Price:$2,000,000
  • Tax amount:$26,650
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than CENTURY 21 Alliance Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: September 15, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved. NJ_MLS Member Broker: Douglas E Ramos

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