839-845 Sanford Avenue Newark, NJ $ 2,000,000
839-845 Sanford Avenue
$ 2,000,000
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839-845 Sanford Avenue

Newark, NJ, 07106
$ 2,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,628

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Commercial Property for sale in Newark, NJ

for $2,000,000.

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.

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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Newark

County/Region

Essex

MLS | Web ID

26027400

Features
General
Roof Asphalt
Rooms None
County ESSEX
Property Type 5+ Mixed Use
HOA N
Status Active - Active
City Newark
Taxes 26650
Year Built Details 1900-1939 Build Prior to 1978
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$12,628
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,628
Monthly Property Taxes
--
Monthly 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$2,000,000 Listed Price

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839-845 Sanford Avenue, Newark, NJ, 07106 is a Commercial Property for sale at $2,000,000. The property's zip code is 07106 which is in Newark, NJ