525-529 Sanford Avenue new

Newark City,NJ 07106

$ 789888

10 Beds

6 Baths

0 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3943330

Style Fourplex

Bedrooms 10

Full Baths 6

Year Built 1922

Annual Tax Amount $7,456

Tax Year 2023

Property Description

Don't miss this incredible opportunity to own a versatile investment property! Situated on a rare double lot, this expansive 4-family home is perfect for generating rental income or accommodating owner-occupied living. Well-Maintained Units: Unit 1: A sprawling 5-bedroom, 2-bathroom apartment with an eat-in kitchen and a spacious living room. Unit 2: Features 2 bedrooms, a cozy living room, and a well-equipped kitchen. Unit 3: A charming 1-bedroom unit with a living room and kitchen. Unit 4: Located on the third floor, this unit offers 2 bedrooms, an eat-in kitchen, and ample closet space. Partially Finished Basement: Boasting 8 additional rooms, a full bathroom, and two separate entrances, offering endless potential for storage, recreational space, or additional income opportunities. Updated Roof: Recently replaced for peace of mind and reduced maintenance costs. Prime Location: Conveniently located near public transportation hubs, with easy access to Newark Airport and NYC, this property is ideal for commuters and tenants seeking accessibility and convenience.Whether you're an investor looking to expand your portfolio or a homeowner seeking rental income, this property has it all.

Location

State NJ

County Essex

Rooms

Basement Full, Partial, Walkout

Interior

Heating Gas-Natural

Cooling See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Vinyl Siding

Utilities Available Gas In Street, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex

Others

Senior Community No

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