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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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839-845 Sanford Ave , Newark, NJ 07106
$2,000,000
Est. Payment: $10,178.42/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 0
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House 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

Highlights

Listed by Donna Schmiede , (908) 403-1762 All-City Realty , 908-251-5530. New Jersey Multiple Listing Service mls logo

Property Type

Commercial Sale

County

Essex

Area

Newark

Listing ID

26027475

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Principal Interest
$10,178
Taxes
$2,221

Home Price

$2,000,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,178.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,178.42 $2,220.83 $0.00 $12,399.25
Yearly $122,140.98 $26,650.00 $0.00 $148,790.98
Total $3,664,229.52 $799,500.00 $0.00 $4,463,729.52

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-07-21T22:02:17.700Z

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