839-845 Sanford Avenue, Newark, NJ 07106

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.

Listing Status:

Active

Date Added:

July 21, 2026

Data Last Updated:

July 29, 2026 at 2:00AM

Listing Office:

All-City Realty : 908-251-5530

Listing Agent:

Donna Schmiede : (908) 403-1762

MLS ID:

26027400

Construction

• Roofing: Asphalt

Location

• County: ESSEX