839-845 Sanford Ave | Image 1
New
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$2,000,000

For Sale

5 hours ago

MLS® 26027475

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $26,650
Days Active 0
Approx. Age 
MLS® Number 26027475

Property Address: 845-839-845 Sanford Ave, Newark, NJ, 07106-3612

Average square foot calculated using Size range provided by listing agent.

Description

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. Listed as Mix Use #26027400
MLS® Number26027475
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Gas, Multi-Zone, Radiators
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 21, 2026List Date
$2,000,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jul 21, 2026List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
839-845 Sanford Ave, Newark, NJ

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