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Commercial Sale For Sale

839-845 Sanford Avenue, Newark, NJ 07106

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Property 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

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26027475
Price:
$2,000,000
Status:
Active
Office Name:
All-City Realty
Agent Name:
Donna
Features
Architectural Style:
Retail
Utilities:
Sep Elec, Sep Gas
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07106
Street:
Sanford
Street Number:
839-845
Street Suffix:
Avenue
Longitude:
W75° 45' 51.3''
Latitude:
N40° 44' 16.9''
Additional Information
Rent Includes:
Heat
On Market Date:
2026-07-21
Financial
Tax Annual Amount:
26650
Listing Information
List Agent Mls Id:
1004946
List Office Mls Id:
2372
Mls Status:
Active
Modification Timestamp:
2026-07-21T18:46:04Z
Originating System Name:
njmls
Status Change Timestamp:
2026-07-21
Commercial Sale For Sale
Listing ID:
26027475
$2,000,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com